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Marine Products (MPX) CEO Ben Palmer reports 8,958-share stock move

Filing Impact
(Neutral)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

Marine Products Corp. President and CEO Ben M. Palmer, who is also a director, reported a disposition of common stock under transaction code F on January 28, 2026. The transaction involved 8,958 shares of Marine Products common stock at a price of $9.44 per share.

After this transaction, Palmer directly owned 603,096 shares of Marine Products common stock. The filing reflects his status as both President and CEO and a member of the board of directors.

Positive

  • None.

Negative

  • None.
SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Palmer Ben M

(Last) (First) (Middle)
2801 BUFORD HIGHWAY NE
SUITE 300

(Street)
ATLANTA GA 30329

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
MARINE PRODUCTS CORP [ MPX ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
X Officer (give title below) Other (specify below)
President and CEO
3. Date of Earliest Transaction (Month/Day/Year)
01/28/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock $.10 Par Value 01/28/2026 F 8,958 D $9.44 603,096 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
/s/ Ben M. Palmer 01/30/2026
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transaction did MPX President and CEO Ben M. Palmer report?

Ben M. Palmer reported a disposition of 8,958 shares of Marine Products common stock on January 28, 2026, at $9.44 per share. The filing identifies the transaction under code F and shows the shares as held directly by Palmer after the transaction.

How many Marine Products (MPX) shares does Ben M. Palmer own after this Form 4?

Following the reported transaction, Ben M. Palmer directly owned 603,096 shares of Marine Products common stock. This figure reflects his beneficial ownership after the 8,958-share disposition reported on January 28, 2026, according to the Form 4 filing details.

What is the transaction code used in Ben M. Palmer’s MPX Form 4 filing?

The Form 4 lists transaction code F for Ben M. Palmer’s January 28, 2026 transaction in Marine Products common stock. Code F indicates a specific type of reportable disposition, with 8,958 shares involved at a price of $9.44 per share in this filing.

Is Ben M. Palmer a director or officer of Marine Products (MPX)?

Ben M. Palmer is reported as both a director and an officer of Marine Products, serving as President and CEO. The Form 4 filing confirms these roles while disclosing his beneficial ownership and the 8,958-share transaction in the company’s common stock.

Was the Marine Products (MPX) Form 4 filed by a single reporting person?

Yes. The Form 4 indicates it was filed by one reporting person, Ben M. Palmer. He is listed as President and CEO as well as a director, and the filing reports his direct holdings and the 8,958-share transaction in Marine Products common stock.
Marine Products

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