Marine Products (MPX) CEO disposes 3,138 common shares in filing
Filing Impact
Filing Sentiment
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.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Palmer Ben M
Role
President and CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock $.10 Par Value | 3,138 | $9.25 | $29K |
Holdings After Transaction:
Common Stock $.10 Par Value — 526,754 shares (Direct)
Footnotes (1)
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.
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.