Steven Menneto, Chief Executive Officer and Director of Malibu Boats, Inc., filed a Form 4 on August 6, 2026, disclosing the withholding of shares for tax purposes in connection with the vesting of a restricted stock unit award.

Key Highlights

  • Transaction type: 5,296 shares of Class A Common Stock were disposed of under transaction code F (tax withholding) on August 5, 2026.
  • Price per share: Shares were withheld at $29.24 per share.
  • Underlying award: The withholding was connected to the vesting of 14,688 shares under a restricted stock unit award granted on August 5, 2024.
  • Post-transaction ownership: Menneto directly beneficially owned 82,539 shares of Class A Common Stock following the transaction.
  • Reporting person: Steven Menneto, serving as both Director and Chief Executive Officer of Malibu Boats, Inc. (MBUU).

Malibu Boats CEO Share Withholding Details From August 2026 RSU Vesting

According to the filing, Steven Menneto, Chief Executive Officer and Director of Malibu Boats, Inc. (NASDAQ: MBUU), reported a single transaction in Table I involving Class A Common Stock. On August 5, 2026, 5,296 shares were withheld at a price of $29.24 per share, recorded under transaction code F, which corresponds to shares withheld for tax withholding purposes.

The filing's explanation of responses states that the withheld shares were connected to the vesting of 14,688 shares under a restricted stock unit award originally granted on August 5, 2024. Tax withholding transactions of this type represent shares retained by the issuer to cover the reporting person's tax obligations arising from the vesting event, rather than an open-market sale. Following the reported transaction, Menneto directly held 82,539 shares of Class A Common Stock, according to the filing.

No derivative securities transactions were reported in Table II. The Form 4 was filed by one reporting person and was signed by Brooke Zinter as attorney-in-fact for Steve D. Menneto on August 6, 2026.

What Was Disclosed

The filing disclosed a tax-withholding share disposition of 5,296 Class A Common Stock shares at $29.24 per share by Malibu Boats CEO Steven Menneto on August 5, 2026, connected to an RSU award granted August 5, 2024, leaving him with 82,539 directly held shares.