Marine Products (NYSE: MPX) CFO Schmit disposes 3,112 common shares at $9.63

Rhea-AI Filing Summary

Marine Products Corp CFO and Corporate Secretary Michael Schmit reported a disposition of common stock on January 23, 2026. He disposed of 3,112 shares of Marine Products Corp common stock at a price of $9.63 per share, and held 57,002 shares directly after the transaction.

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)

ATLANA 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)
01/23/2026

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	01/23/2026		F		3,112	D	$9.63	57,002	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	01/27/2026
	** 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 executive Michael Schmit report?

Michael Schmit reported disposing of 3,112 shares of Marine Products Corp common stock. The transaction occurred on January 23, 2026, at a reported price of $9.63 per share, as shown in Table I of the insider filing.

What is Michael Schmit’s role at Marine Products Corp (MPX)?

Michael Schmit is an officer of Marine Products Corp, serving as CFO and Corporate Secretary. This role is explicitly indicated in the filing’s relationship section, where he is identified as an officer rather than a director or 10% owner.

How many MPX shares does Michael Schmit own after this Form 4 transaction?

Following the reported transaction, Michael Schmit beneficially owned 57,002 shares of Marine Products Corp common stock. The filing indicates these shares are held with direct ownership, as shown in the "Amount of Securities Beneficially Owned" and "Ownership Form" columns.

What was the price per share in Michael Schmit’s January 23, 2026 MPX transaction?

The reported price per share in Michael Schmit’s January 23, 2026 transaction was $9.63. This price applies to the 3,112 Marine Products Corp common shares disposed of, as disclosed in the transaction detail row of Table I in the Form 4.

Is Michael Schmit’s MPX ownership direct or indirect after this transaction?

After the transaction, Michael Schmit’s 57,002 Marine Products Corp shares are reported as directly owned. The ownership form column lists the designation "D" for direct ownership, and no nature of indirect beneficial ownership is provided.