[Form 4] MARINE PRODUCTS CORP Insider Trading Activity
Marine Products Group director Gary A. Kolstad reported an "other" transaction involving 4,651 shares of common stock.
Sentiment and the balance of points
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Rhea-AI Filing Summary
Marine Products Group director Gary A. Kolstad reported an "other" transaction involving 4,651 shares of common stock. According to the merger agreement with MasterCraft Boat Holdings, each Marine Products share was exchanged for the right to receive 0.232 shares of MasterCraft common stock plus $2.43 in cash. Following this merger-related exchange, Kolstad reported 0 shares of Marine Products common stock owned directly.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Common Stock, $.10 Par Value | 4,651 | $8.18 | $38K |
Footnotes (1)
- F1. The reported securities were disposed of pursuant to the terms of the Agreement and Plan of Merger (the "Merger Agreement"), dated as of February 5, 2026, by and among MasterCraft Boat Holdings, Inc., a Delaware corporation ("MasterCraft"). Upon effectiveness of the merger, in exchange for each share of Common Stock, the reporting person received the right to receive 0.232 shares of MasterCraft Common Stock, par value $0.01 per share and $2.43 in cash, without interest and less applicable withholding taxes.
Key Figures
Key Terms
Agreement and Plan of Merger regulatory
MasterCraft Boat Holdings, Inc. financial
Common Stock, $.10 Par Value financial
withholding taxes regulatory
Other acquisition or disposition financial
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