Fiscal year 2025 executive and director compensation, incentive-plan design, equity activity, and governance — every figure in this brief is traceable to its exact location in the company’s SEC filing — the document, the section, the page, and the table, linked directly.
Each company listed discloses MCFT in its own benchmarking peer group, as disclosed in each company's most recent proxy statement within the last two proxy seasons. Two companies are therefore absent by design: one that named MCFT in an earlier year and no longer does, and one whose own most recent disclosure is older than the last two seasons.
| Named executive officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension / NQDC | All other | Total |
|---|---|---|---|---|---|---|---|---|
| Bradley Nelson | $645,000 | $0 | $1,225,522 | $0 | $709,500 | $0 | $121,480 | $2,701,502 |
| Chief Executive Officer and Director | ||||||||
| Timothy Oxley | 392,600 | 0 | 392,602 | 0 | 259,116 | 0 | 16,636 | 1,060,954 |
| Former Chief Financial Officer, Treasurer and Secretary | ||||||||
| George Steinbarger | 225,500 | 0 | 183,224 | 0 | 0 | 0 | 113,995 | 522,719 |
| Former President, Pontoon Group | ||||||||
A dash means the company reported no figure in that column; 0 means it reported zero. Figures are as printed in the filing, without adjustment.
| Named executive officer | FY2025 total | FY2024 total | FY2023 total | Δ FY2024→2025 |
|---|---|---|---|---|
| Bradley Nelson | $2,701,502 | — | — | — |
| Timothy Oxley | 1,060,954 | — | — | — |
| George Steinbarger | 522,719 | — | — | — |
Prior-year totals as disclosed in the corresponding proxy; deltas are computed values with the derivation shown in the register.
No insider equity transactions reported since the proxy statement.
| Executive | Award | Shares unvested | Exercise price | Market value unvested |
|---|---|---|---|---|
| Timothy Oxley | RSU | 3,031 | — | $56,316 |
| Timothy Oxley | RSU | 9,094 | — | 168,967 |
| Bradley Nelson | RSU | 34,955 | — | 649,464 |
| Bradley Nelson | RSU | 30,331 | — | 563,550 |
| Bradley Nelson | RSU | 23,303 | — | 432,970 |
| Timothy Oxley | RSU | 11,198 | — | 208,059 |
| Timothy Oxley | RSU | 7,465 | — | 138,700 |
The executive compensation program is designed to facilitate high performance and generate results that create value for the Company and its shareholders, with a strong emphasis on pay for performance, aligning executive interests with shareholders through equity, and attracting and retaining top talent.
| CEO STI target (% of salary) | — |
|---|---|
| CEO LTI target (% of salary) | — |
| Independent consultant | WTW |
| Clawback policy | true |
| Anti-hedging | true |
| Anti-pledging | true |
| Meeting year | Meeting date | For | Against | Abstain | Support | Outcome |
|---|---|---|---|---|---|---|
| 2025 | 2025-10-28 | 12,842,607 | 614,197 | 16,431 | 95.44% | Passed |
| 2024 | 2024-10-22 | 13,657,823 | 423,730 | 8,705 | 96.99% | Passed |
| 2023 | 2023-10-17 | 14,105,166 | 133,243 | 5,420 | 99.06% | Passed |
| 2022 | 2022-10-25 | 14,535,004 | 324,419 | 3,278 | 97.82% | Passed |
| 2021 | 2021-10-19 | 14,474,094 | 251,233 | 4,344 | 98.29% | Passed |
Rows are labeled by annual-meeting year, with the meeting date beside each; the vote held in a given year acts on the prior fiscal year's compensation.
| Meeting year | Meeting date | Approval — company's computation |
|---|---|---|
| 2025 | 2025-10-28 | 95.44%a |
| 2024 | 2024-10-22 | 96.99%b |
| 2023 | 2023-10-17 | 99.06%c |
a. Voting standard not stated in the filing.
b. Voting standard not stated in the filing.
c. Voting standard not stated in the filing.
Approval percentages are the company's own reported computations under its own stated standard, not recomputed by Velarion. Where a company does not state a standard, none is assumed.
| Ratio (CEO : median employee) | 49 : 1 |
|---|---|
| CEO total compensation | — |
| Median employee compensation | — |
| Director | Cash fees | Stock awards | Option awards | Non-equity incentive | All other | Total |
|---|---|---|---|---|---|---|
| Roch LambertIndependent · Board Chair · Audit · Nominating and Corporate Governance · Strategy | $162,500 | $130,000 | — | — | $5,468 | $297,968 |
| Donald C. CampionIndependent · Audit · Compensation and Human Capital | 102,500 | 90,000 | — | — | 2,271 | 194,771 |
| Peter G. LeemputteIndependent · Audit · Compensation and Human Capital (Chair) | 97,500 | 90,000 | — | — | 1,597 | 189,097 |
| W. Patrick BattleIndependent · Nominating and Corporate Governance · Strategy (Chair) | 87,500 | 90,000 | — | — | 0 | 177,500 |
| Jennifer DeasonIndependent · Audit · Strategy | 85,000 | 90,000 | — | — | 0 | 175,000 |
| Kamilah Mitchell-ThomasIndependent · Compensation and Human Capital · Nominating and Corporate Governance | 82,500 | 90,000 | — | — | 654 | 173,154 |
| Jaclyn BaumgartenIndependent · Nominating and Corporate Governance · Strategy | 80,000 | 90,000 | — | — | 1,221 | 171,221 |
| Bradley M. NelsonEmployee director | — | — | — | — | — | 0 |
| Annual cash retainer | $70,000 |
|---|---|
| Annual equity retainer | $90,000 |
| Per board meeting fee | — |
| Committee chair fees (audit / comp / nom-gov) | 15,000 / 10,000 / 7,500 |
| Stock ownership guideline | $4 |
| Component | FY2025 |
|---|---|
| Cash retainers and fees | $697,500 |
| Equity awards (grant-date value) | $670,000 |
| All other compensation | $11,211 |
| Total cost of the board | $1,378,711 |
Computed as the sum of the director compensation table rows above; inputs and formula shown in the register.
The compensation peer group as the company disclosed it in its own proxy — the reference set behind the percentile above.
Of the companies MasterCraft Boat Holdings names as compensation peers, which name it back in their own disclosed peer groups. A peer set the market reciprocates reads differently from one selected in a single direction.
Reciprocity shown where the peer's own current proxy has been read — each mark is cited in the register to that peer's filing. A dash means the peer's current proxy was read and names no reciprocal group including MasterCraft Boat Holdings.
Most recent fiscal-year chief executive compensation at each disclosed peer, taken from that company's own proxy statement.
| Rank | Company | FY | Chief executive | Salary | Stock awards | Option awards | Non-equity incentive | Total |
|---|---|---|---|---|---|---|---|---|
| 1 | Fox Factory Holding Corp. | 2025 | Michael Dennison | $1,029,192 | $6,687,528 | $0 | $0 | $8,234,801 |
| 2 | Smith & Wesson Brands, Inc. | 2026 | Mark Smith | 850,000 | 2,574,305 | 0 | 1,035,549 | 4,671,940 |
| 3 | Malibu Boats, Inc. | 2025 | Steven Menneto | 813,846 | 2,886,855 | 0 | 0 | 4,206,701 |
| 4 | Sturm, Ruger & Company, Inc. | 2024 | Christopher Killoy | 825,000 | 2,062,600 | 0 | 532,729 | 3,458,903 |
| 5 | Johnson Outdoors Inc. | 2025 | Helen Johnson-Leipold | 924,419 | 1,150,000 | 0 | 458,315 | 2,767,128 |
| 6 | MasterCraft Boat Holdings | 2025 | Bradley Nelson | 645,000 | 1,225,522 | 0 | 709,500 | 2,701,502 |
| — | National Presto Industries, Inc. | — | — | — | — | — | — | not in coverage universe |
| — | Motorcar Parts of America, Inc. | — | — | — | — | — | — | not in coverage universe |
| — | Solo Brands, Inc. | — | — | — | — | — | — | not in coverage universe |
| — | Marine Products Corporation | — | — | — | — | — | — | not in coverage universe |
| — | Twin Disc, Incorporated | — | — | — | — | — | — | not in coverage universe |
| — | Latham Group, Inc. | — | — | — | — | — | — | not in coverage universe |
| — | American Outdoor Brands, Inc. | — | — | — | — | — | — | not in coverage universe |
Each peer's compensation is from its most recently filed proxy; fiscal years differ by company. Each peer's figures come from its own filings; the subject company is highlighted. Peers whose chief executive compensation is outside our coverage universe are stated as such, never left blank.
| Company | Annual incentive payout | Long-term vehicle mix | PSU measures include TSR | Compensation consultant |
|---|---|---|---|---|
| MasterCraft Boat Holdings | not disclosed | RSA 50 · PSU 50 | not disclosed | WTW |
| American Outdoor Brands, Inc. | not disclosed | not disclosed | not disclosed | not disclosed |
| Fox Factory Holding Corp. | not disclosed | RSU 50 · PSU 50 | not disclosed | Pay Governance |
| Johnson Outdoors Inc. | not disclosed | not disclosed | not disclosed | Pearl Meyer |
| Latham Group, Inc. | not disclosed | not disclosed | not disclosed | not disclosed |
| Malibu Boats, Inc. | not disclosed | PRSU 60 · RSU 40 | not disclosed | Exequity |
| Marine Products Corporation | not disclosed | not disclosed | not disclosed | not disclosed |
| Motorcar Parts of America, Inc. | not disclosed | not disclosed | not disclosed | not disclosed |
| National Presto Industries, Inc. | not disclosed | not disclosed | not disclosed | not disclosed |
| Smith & Wesson Brands, Inc. | 121.8% | RSU 50 · PSU 50 | Yes — rTSR (relative Total Stockholder Return vs Russell 2000 Index) | Compensia, Inc. |
| Solo Brands, Inc. | not disclosed | not disclosed | not disclosed | not disclosed |
| Sturm, Ruger & Company, Inc. | not disclosed | PSU 50 · RSU 50 | Yes — Total Shareholder Return (TSR) | not disclosed |
| Twin Disc, Incorporated | not disclosed | not disclosed | not disclosed | not disclosed |
Read from each company's Compensation Discussion and Analysis: annual incentive payout as a percentage of target, the disclosed long-term vehicle mix, whether performance-share measures include a total shareholder return component, and the retained compensation consultant. “Not disclosed” appears only where the company's filing does not state the item.
Each figure's location is given both for the eye (section · page · table · row · column) and for a script (table/row/column index and exact character span in the filed document). Any figure can be independently confirmed against the source.
| # | Supports | Document | Filed | Accession | Location in document |
|---|---|---|---|---|---|
| 1 | Section 01, Bradley Nelson | DEF 14A | 2025-09-15 | 0001193125-25-202806 | Section “Executive Compensation”. As printed: 2,701,502. Filing ↗machine: r3 · c17 · span 1043591–1043600 |
| 2 | Section 01, Timothy Oxley | DEF 14A | 2025-09-15 | 0001193125-25-202806 | Section “Executive Compensation”. As printed: 1,060,954. Filing ↗machine: r6 · c17 · span 1059811–1059820 |
| 3 | Section 01, George Steinbarger | DEF 14A | 2025-09-15 | 0001193125-25-202806 | Section “Executive Compensation”. As printed: 522,719. Filing ↗machine: r10 · c17 · span 1083231–1083238 |
| 4 | Section 07, pay ratio | DEF 14A | 2025-09-15 | 0001193125-25-202806 | Section “CEO Pay Ratio”. As printed: 49 : 1. Filing ↗ |
| 5 | Section 08, Roch Lambert | DEF 14A | 2025-09-15 | 0001193125-25-202806 | Section “Director Compensation”. As printed: 297,968. Filing ↗machine: span 698741–698748 |
| 6 | Section 08, Donald C. Campion | DEF 14A | 2025-09-15 | 0001193125-25-202806 | Section “Director Compensation”. As printed: 194,771. Filing ↗machine: span 688468–688475 |
| 7 | Section 08, Peter G. Leemputte | DEF 14A | 2025-09-15 | 0001193125-25-202806 | Section “Director Compensation”. As printed: 189,097. Filing ↗machine: span 703880–703887 |
| 8 | Section 08, W. Patrick Battle | DEF 14A | 2025-09-15 | 0001193125-25-202806 | Section “Director Compensation”. As printed: 177,500. Filing ↗machine: span 678191–678198 |
| 9 | Section 08, Jennifer Deason | DEF 14A | 2025-09-15 | 0001193125-25-202806 | Section “Director Compensation”. As printed: 175,000. Filing ↗machine: span 693606–693613 |
| 10 | Section 08, Kamilah Mitchell-Thomas | DEF 14A | 2025-09-15 | 0001193125-25-202806 | Section “Director Compensation”. As printed: 173,154. Filing ↗machine: span 709022–709029 |
| 11 | Section 08, Jaclyn Baumgarten | DEF 14A | 2025-09-15 | 0001193125-25-202806 | Section “Director Compensation”. As printed: 171,221. Filing ↗machine: span 683329–683336 |
| 12 | Section 08, Bradley M. Nelson | DEF 14A | 2025-09-15 | 0001193125-25-202806 | Section “Director Compensation”. As printed: 0. Filing ↗ |
| 13 | Section 06, 2025 vote | Form 8-K | 2025-10-29 | 0001193125-25-254872 | Item 5.07 · say-on-pay result. As reported: 95.44% (votes for as printed: 12,842,607). Filing ↗ |
| 14 | Section 06, 2024 vote | Form 8-K | 2024-10-23 | 0000950170-24-116483 | Item 5.07 · say-on-pay result. As reported: 96.99% (votes for as printed: 13,657,823). Filing ↗ |
| 15 | Section 06, 2023 vote | Form 8-K | 2023-10-17 | 0000950170-23-053759 | Item 5.07 · say-on-pay result. As reported: 99.06% (votes for as printed: 14,105,166). Filing ↗ |
| 16 | Section 09b board cost (computed) | Computed | — | computed | Cash 697,500 + equity 670,000 + all other 11,211 = 1,378,711, summed across the director compensation table rows.machine: formula: Σ = 1,378,711 |
| 17 | Fox Factory Holding Corp., Section 10b CEO total | DEF 14A | 2026-03-25 | 0001424929-26-000018 | CEO total compensation as printed in Fox Factory Holding Corp.'s own proxy. As printed: 8,234,801. Filing ↗ |
| 18 | Smith & Wesson Brands, Inc., Section 10b CEO total | DEF 14A | 2026-08-06 | 0001193125-26-338441 | CEO total compensation as printed in Smith & Wesson Brands, Inc.'s own proxy. As printed: 4,671,940. Filing ↗machine: span 959224–959233 |
| 19 | Malibu Boats, Inc., Section 10b CEO total | DEF 14A | 2025-09-11 | 0001590976-25-000094 | CEO total compensation as printed in Malibu Boats, Inc.'s own proxy. As printed: 4,206,701. Filing ↗machine: r3 · c27 · span 537025–537034 |
| 20 | Sturm, Ruger & Company, Inc., Section 10b CEO total | DEF 14A | 2025-04-17 | 0001174947-25-000594 | CEO total compensation as printed in Sturm, Ruger & Company, Inc.'s own proxy. As printed: 3,458,903. Filing ↗machine: t41 · r3 · c11 · span 1417784–1417794 |
| 21 | Johnson Outdoors Inc., Section 10b CEO total | DEF 14A | 2026-01-09 | 0001140361-26-000787 | CEO total compensation as printed in Johnson Outdoors Inc.'s own proxy. As printed: 2,767,128. Filing ↗machine: r2 · c22 · span 251468–251478 |
| 22 | MasterCraft Boat Holdings (subject), Section 10b CEO total | DEF 14A | 2025-09-15 | 0001193125-25-202806 | CEO total compensation as printed in MasterCraft Boat Holdings's own proxy. As printed: 2,701,502. Filing ↗machine: r3 · c17 · span 1043591–1043600 |
| 23 | Section 10a, Malibu Boats, Inc. reciprocity | DEF 14A | — | 0001590976-25-000094 | Malibu Boats, Inc. names MasterCraft Boat Holdings in its own disclosed peer group (read from its most recent proxy). Filing ↗ |
| 24 | Section 10a, Johnson Outdoors Inc. reciprocity | DEF 14A | — | 0001140361-26-000787 | Johnson Outdoors Inc.'s most recent proxy was read; its disclosed peer group does not include MasterCraft Boat Holdings. Filing ↗ |
| 25 | Section 10a, Smith & Wesson Brands, Inc. reciprocity | DEF 14A | — | 0001193125-26-338441 | Smith & Wesson Brands, Inc. names MasterCraft Boat Holdings in its own disclosed peer group (read from its most recent proxy). Filing ↗ |
| 26 | Section 10a, Fox Factory Holding Corp. reciprocity | DEF 14A | — | 0001424929-26-000018 | Fox Factory Holding Corp.'s most recent proxy was read; its disclosed peer group does not include MasterCraft Boat Holdings. Filing ↗ |