Marine Products (MPX) CFO Schmit disposes of 2,619 shares at $9.44

Rhea-AI Filing Summary

Marine Products Corp (MPX) insider Michael Schmit, the company’s CFO and Corporate Secretary, reported a disposition of common stock. On 01/28/2026, he disposed of 2,619 shares of Marine Products common stock at a price of $9.44 per share.

Following this transaction, Schmit directly beneficially owned 78,238 shares of Marine Products common stock. The filing lists this as a non-derivative transaction reported on a Form 4 filed by a single reporting person.

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)
01/28/2026

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		2,619	D	$9.44	78,238	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	01/30/2026
	** 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).
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FAQ

What insider transaction did MPX CFO Michael Schmit report on this Form 4?

Michael Schmit reported disposing of 2,619 shares of Marine Products common stock. The transaction occurred on 01/28/2026 and involved non-derivative common stock with a par value of $0.10, as shown in Table I of the filing.

At what price were the Marine Products (MPX) shares transacted by the CFO?

The 2,619 Marine Products common shares were transacted at a price of $9.44 per share. This price is disclosed in Table I of the Form 4 under the column for the securities acquired or disposed of.

How many Marine Products (MPX) shares does Michael Schmit own after this transaction?

After the reported transaction, Michael Schmit beneficially owned 78,238 shares of Marine Products common stock. The Form 4 specifies this amount as directly owned, following the 2,619-share disposition on 01/28/2026.

What is Michael Schmit’s role at Marine Products Corp (MPX) according to this filing?

Michael Schmit is identified as an officer of Marine Products Corp, serving as CFO and Corporate Secretary. The relationship section of the Form 4 confirms his officer status and titles, with no indication of director or 10% owner status.

What type of security was involved in the MPX insider transaction reported by Michael Schmit?

The transaction involved Marine Products Corp common stock with a par value of $0.10 per share. It is classified as a non-derivative security in Table I, meaning it is ordinary common stock rather than options or other derivative instruments.

Was the Marine Products (MPX) insider transaction reported as directly or indirectly owned shares?

The Form 4 shows the 78,238 Marine Products shares as directly owned by Michael Schmit. The ownership form column in Table I lists the post-transaction beneficial ownership as “D” for direct, with no nature of indirect beneficial ownership indicated.