Marine Products (MPX) CFO discloses 1,045-share sale at $9.25

Rhea-AI Filing Summary

Marine Products Corp. executive Michael Schmit, the company’s CFO and Corporate Secretary, reported a disposition of common stock. On 01/26/2026, he disposed of 1,045 shares of Marine Products common stock at a price of $9.25 per share. After this transaction, he beneficially owned 55,957 shares of common stock held directly.

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

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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^*

Schmit Michael

(Last) (First) (Middle)

2801 BUFORD HIGHWAY

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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	CFO and Corporate Secretary

3. Date of Earliest Transaction (Month/Day/Year)
01/26/2026

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	01/26/2026		F		1,045	D	$9.25	55,957	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/ Michael Schmit	01/28/2026
	** 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).
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FAQ

What insider transaction did MPX report for CFO Michael Schmit?

Marine Products Corp. reported that CFO and Corporate Secretary Michael Schmit disposed of 1,045 shares of common stock on 01/26/2026. The transaction was coded “F” and priced at $9.25 per share, according to the Form 4 filing.

How many Marine Products (MPX) shares does the CFO own after this Form 4?

After the reported transaction, CFO Michael Schmit beneficially owns 55,957 shares of Marine Products common stock. The filing indicates these shares are held directly, reflecting his updated ownership position following the 1,045-share disposition.

What price was reported for the Marine Products CFO’s share disposition?

The Form 4 shows that the 1,045 Marine Products common shares were disposed of at $9.25 per share. This per-share price is specifically listed in the non-derivative securities table within the insider transaction disclosure.

What does transaction code F mean in the Marine Products Form 4?

The Form 4 lists transaction code “F” for the 1,045-share disposition by the Marine Products CFO. The filing itself does not provide a narrative explanation of the code, but it clearly categorizes the transaction using this standard code designation.

Is the Marine Products CFO’s ownership direct or indirect after the trade?

The filing shows that CFO Michael Schmit’s 55,957 Marine Products shares are held with ownership form marked as “D,” meaning direct ownership. No indirect ownership nature or related entity is listed in the ownership or footnote sections.