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 Corporation Executive Chairman Richard A. Hubbell reported a small share disposition. On 01/26/2026, he disposed of 2,613 shares of Marine Products common stock at $9.25 per share. Following this transaction, he directly beneficially owned 1,277,465 shares of the company’s common stock.
Marine Products Corp. President and CEO Ben M. Palmer reported a disposition of company stock. On 01/26/2026, he disposed of 3,138 shares of Marine Products common stock at a price of $9.25 per share. Following this transaction, he directly owns 526,754 shares of common stock.
Marine Products Corp. executive Michael Schmit, the company’s CFO and Corporate Secretary, reported a disposition of common stock. On 01/26/2026, he disposed of 1,045 shares of Marine Products common stock at a price of $9.25 per share. After this transaction, he beneficially owned 55,957 shares of common stock held directly.
Marine Products Corporation reported two corporate updates. Director Jerry W. Nix informed the Board he will not stand for reelection at the 2026 Annual Meeting of Stockholders but will continue to serve, including as Lead Independent Director and key committee chair, until that meeting.
The company also announced that its Board of Directors declared a regular quarterly cash dividend of $0.14 per share, payable on March 10, 2026 to common stockholders of record at the close of business on February 10, 2026. The filing notes that Mr. Nix’s decision was not due to any disagreement with the company.
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.
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.
Marine Products Corp executive chairman Richard A. Hubbell reported a disposition of company stock. On January 23, 2026, a Form 4 shows a transaction in Common Stock, $.10 par value coded "F" for 5,378 shares at $9.63 per share.
Following this transaction, Hubbell is reported as directly owning 1,280,078 shares of Marine Products common stock. The filing lists his roles as both Director and Executive Chairman of the Board, and indicates the holdings are in direct form rather than through an intermediary entity.
Marine Products Corporation (MPX) filed its Q3 2025 report, showing steadier demand and higher pricing. Net sales were $53.1 million (up 6.6% year over year) driven by a 7% price/mix increase, while units were slightly lower. Gross profit reached $10.2 million and operating income was $2.9 million. Net income was $2.7 million, or $0.07 per diluted share.
For the nine months, net sales were $179.8 million versus $188.7 million last year, with net income of $9.0 million and diluted EPS of $0.25. Operating cash flow totaled $11.7 million. Cash and equivalents were $47.4 million with no borrowings under the $20.0 million revolving credit facility. Inventories were $61.5 million as field inventory normalized. Domestic Q3 sales were $51.2 million and international $1.9 million.
The company implemented the OBBBA provisions, decreasing deferred tax assets by about $3.5 million with no impact on the quarter’s tax provision. The Board declared a regular cash dividend of $0.14 per share payable December 10, 2025. Shares outstanding were 34,999,034 as of October 24, 2025.
Marine Products Corporation (MPX) reported that it issued a press release titled “Marine Products Corporation Reports Third Quarter 2025 Financial Results And Declares Regular Quarterly Dividend.” The release covers financial results for the quarter ended September 30, 2025 and announces a regular quarterly dividend.
The press release is furnished as Exhibit 99.1 to the Form 8-K dated October 30, 2025.