Marine Products (NYSE: MPX) CEO Ben Palmer disposes 8,643 shares

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.

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^*

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)
01/23/2026

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		8,643	D	$9.63	529,892	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	01/27/2026
	** 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).
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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.

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

After the reported transaction, Ben M. Palmer beneficially owned 529,892 shares of Marine Products Corp common stock. The filing classifies this ownership as direct, meaning the shares are held in his own name rather than through an intermediary entity.

What was the price per share for Ben Palmer’s MPX stock disposition?

The reported disposition of Marine Products Corp common stock by Ben M. Palmer was executed at $9.63 per share. This per-share price appears in the non-derivative securities table alongside the 8,643 shares disposed of in the transaction dated 01/23/2026.

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.