STOCK TITAN

Marine Products (MPX) CEO disposes 3,138 common shares in filing

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

Rhea-AI Filing Summary

Marine Products Corp. President and CEO Ben M. Palmer reported a disposition of company stock. On 01/26/2026, he disposed of 3,138 shares of Marine Products common stock at a price of $9.25 per share. Following this transaction, he directly owns 526,754 shares of common stock.

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)
01/26/2026
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 3,138 D $9.25 526,754 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 01/28/2026
** 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).
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 stock disposition involving Marine Products Corp. common shares. On 01/26/2026, a Form 4 showed he disposed of 3,138 shares at $9.25 per share, reflecting an update to his directly owned holdings in the company.

How many Marine Products (MPX) shares did Ben M. Palmer dispose of?

Ben M. Palmer disposed of 3,138 shares of Marine Products Corp. common stock. The Form 4 filing identifies this as a non-derivative transaction in common stock with a transaction code of F, executed at a price of $9.25 per share on 01/26/2026.

How many MPX shares does Ben M. Palmer own after the reported transaction?

After the reported disposition, Ben M. Palmer directly owns 526,754 Marine Products Corp. common shares. This post-transaction balance is disclosed in the Form 4 as the amount of securities beneficially owned following the 3,138-share non-derivative transaction on 01/26/2026.

What type of security was involved in Ben M. Palmer’s MPX Form 4 filing?

The transaction involved Marine Products Corp. common stock with a par value of $0.10 per share. The Form 4 lists it under non-derivative securities, showing that 3,138 common shares were disposed of at a price of $9.25 per share on 01/26/2026.

What is Ben M. Palmer’s relationship to Marine Products Corp. (MPX)?

Ben M. Palmer is both a director and an officer of Marine Products Corp., serving as President and CEO. His status is disclosed in the Form 4, which records his insider ownership and the reported non-derivative transaction in the company’s common stock.

Was the MPX insider transaction reported as direct or indirect ownership?

The Marine Products Corp. transaction was reported as directly owned. The Form 4 specifies that the 526,754 shares beneficially owned following the 3,138-share disposition are held with direct ownership, and no nature of indirect beneficial ownership is indicated in the filing.
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