Welcome to our dedicated page for Marine Products SEC filings (Ticker: MPX), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Marine Products Corporation filings document material-event reporting for a NYSE-listed manufacturer of fiberglass powerboats sold under the Chaparral and Robalo brands. Recent 8-K disclosures cover operating and financial results, regular cash dividend declarations, common-stock information, and board governance matters, including director and committee-related updates.
The company’s proxy-related and transaction communications address shareholder voting matters, material agreements, capital-structure disclosure and risk factors. These filings frame MPX as an operating company in the powerboat manufacturing business, with disclosures tied to brand operations, public-company governance and stockholder actions.
MARINE PRODUCTS GROUP, LLC reported that the Gary W. Rollins Voting Trust, a more than 10% beneficial owner, recorded several restructuring transactions in Marine Products common stock on May 15, 2026.
Under a Merger Agreement dated February 5, 2026, each Marine Products share was converted into the right to receive $2.43 in cash plus 0.232 shares of MasterCraft common stock. The market price of MasterCraft stock was $24.64 per share at the close of business on May 14, 2026.
The Form 4 shows code J “other acquisition or disposition” entries totaling 21,001,939 shares held indirectly through entities including Rollins Holding Company, Inc., RFA Management Company, LLC, RFT Investment Company, LLC, RCTLOR, LLC and LOR, Inc., with zero Marine Products shares reported as held afterward. The voting trust disclaims beneficial ownership except to the extent of its pecuniary interest.
MARINE PRODUCTS GROUP, LLC director Amy Rollins Kreisler reported a disposition of 90,058 shares of Marine Products common stock to the issuer. The Form 4 shows this issuer disposition at a stated price of $0.00 per share, leaving her with no directly held shares after the transaction.
According to a merger agreement between MasterCraft Boat Holdings and Marine Products, each Marine Products share was converted into the right to receive $2.43 in cash plus 0.232 shares of MasterCraft common stock. The filing notes that MasterCraft common stock closed at $24.64 per share on May 14, 2026, providing context for the stock portion of the merger consideration.
Marine Products Corporation insider WNEG Investments, L.P., a greater-than-10% owner, reported an "other" restructuring transaction involving 327,258 shares of Marine Products common stock.
Under a Merger Agreement with MasterCraft Boat Holdings, Inc., each Marine Products share was converted into the right to receive $2.43 in cash, without interest, plus 0.232 shares of MasterCraft common stock. The footnote notes that MasterCraft’s common stock closed at $24.64 per share on May 14, 2026. Following this merger-related conversion, WNEG Investments, L.P. reported 0 shares of Marine Products common stock owned directly.
Marine Products Corporation’s major shareholders have exited their position following a merger. Amendment No. 14 to a Schedule 13D filed by members of the Rollins family and related entities reports that, as of May 15, 2026, they no longer beneficially own any Marine Products common stock, representing 0.0% of the class.
The change follows consummation of a Merger Agreement under which each Marine Products share was converted into 0.232 shares of MasterCraft common stock plus $2.43 in cash, without interest. The filing lists numerous family trusts and investment vehicles that historically acted as a coordinated group, but states that there are now no contracts, arrangements, or understandings regarding Marine Products securities.
The report notes only one recent transaction besides the merger itself: on May 1, 2026, one of the 1976 RRR Trusts distributed 637 Marine Products shares to a beneficiary for no consideration, before all shares were converted in the merger.
Marine Products Group, LLC, as successor to Marine Products Corporation, reports completion of its previously announced merger with MasterCraft Boat Holdings, Inc. Marine Products first merged into a MasterCraft subsidiary and then into Titan Merger Sub 2, LLC, which was renamed Marine Products Group, LLC and became a wholly owned MasterCraft subsidiary.
At the first effective time, each share of Marine Products common stock converted into the right to receive 0.232 shares of MasterCraft common stock plus $2.43 in cash, except specified excluded shares and assumed restricted stock awards. Cash was paid instead of fractional MasterCraft shares based on a $25.27 closing VWAP. Certain equity awards vested or converted into MasterCraft restricted stock with similar vesting terms.
Marine Products common stock ceased trading on the NYSE before the open on May 15, 2026, and the company has requested NYSE file Form 25 to delist and deregister the shares. Following the merger, Marine Products is under MasterCraft’s control, its former directors and key officers resigned, and MasterCraft expanded its board to add three former Marine Products directors under a stockholders’ agreement that also grants specified holders ongoing board nomination rights tied to their voting power.
Marine Products Corp filed a Form 25 notifying the New York Stock Exchange LLC of the removal/withdrawal of its Common Stock from listing and registration. The Exchange states it complied with 17 CFR 240.12d2-2(b) and the issuer complied with 17 CFR 240.12d2-2(c) governing voluntary withdrawal.
The notice is certified on behalf of the Exchange and signed by Anthony Sozzi, Analyst, Market Watch. Contact details for the issuer list an Atlanta address and telephone number.