• MasterCraft Boat Holdings agreed to pay USD 425,000 in attorneys’ fees and expenses to resolve a Delaware Chancery Court stockholder suit that challenged provisions in a Feb. 5, 2026 stockholders agreement.
• The plaintiff sought declaratory relief, alleging the agreement’s written-consent requirement for removing certain director nominees violated the company’s charter and Delaware corporate law.
• The dispute was mooted in March 2026 through an amendment removing the challenged provision and a March 10, 2026 certificate of correction addressing language alleged to have been omitted from a 2019 certificate of amendment.
• The court closed the case on May 19, 2026, without reviewing the fee payment or its reasonableness.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Mastercraft Boat Holdings Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001193125-26-235547), on May 22, 2026, and is solely responsible for the information contained therein.