Michael Connolly's Equity Award for Board Service at Malibu Boats, Inc.
On October 24, 2025, Michael Connolly, a director of Malibu Boats, Inc., was issued an equity award of 3,186 stock units as part of the company's Director's Compensation Policy. These stock units are fully vested and payable in an equivalent number of shares of the company's Class A Common Stock upon the occurrence of a Payment Event, which includes the reporting person's separation from service, a change in control, or an in-service distribution date elected by the reporting person. The payment can be made in a lump-sum or in annual installments over 5 or 10 years. Following this transaction, Connolly owns 59,768 shares of Class A Common Stock. The filing also includes details about other stock units that are fully vested and payable under similar conditions.