Marine Products (NYSE: MPX) CEO Ben Palmer disposes 8,643 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Marine Products Corp President and CEO Ben M. Palmer reported a share disposition in company stock. On 01/23/2026, he disposed of 8,643 shares of Marine Products common stock at a price of $9.63 per share.
Following this transaction, Palmer beneficially owned 529,892 shares of Marine Products common stock in direct ownership.
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 | 8,643 | $9.63 | $83K |
Holdings After Transaction:
Common Stock, $. 10 Par Value — 529,892 shares (Direct)
Footnotes (1)
FAQ
What insider transaction did MPX CEO Ben Palmer report on this Form 4?
Ben M. Palmer reported a disposition of Marine Products Corp common stock. On 01/23/2026, he disposed of 8,643 shares at $9.63 per share, as shown in Table I of the filing, reflecting a change in his directly held position.
What role does Ben Palmer hold at Marine Products Corp (MPX)?
Ben M. Palmer is identified as both a Director and an Officer of Marine Products Corp, serving as President and CEO. These roles are indicated in the relationship section, showing he holds senior leadership and board responsibilities at the company.
Is Ben Palmer’s MPX ownership on this Form 4 direct or indirect?
The Form 4 lists Ben M. Palmer’s Marine Products Corp holdings as directly owned. The ownership form column shows a “D” for direct ownership, and no nature-of-ownership footnote or indirect holding structure is specified for the reported common stock position.
Did the MPX Form 4 include any derivative securities for Ben Palmer?
The Form 4 includes a section for derivative securities but shows no entries for Ben M. Palmer. Only non-derivative common stock is detailed, with the transaction focusing on 8,643 disposed shares and the resulting 529,892 directly owned common shares reported afterward.