Gary W. Rollins Voting Trust U/A dated September 14, 1994 4

4 · MARINE PRODUCTS GROUP, LLC · Filed May 19, 2026

AI-generated summary of this filing

Updated May 19, 2026

Marine Products (MPX) Rollins Voting Trust Sells Shares in Merger

What Happened

The reporting person is the Gary W. Rollins Voting Trust U/A dated September 14, 1994 (identified as a 10% owner). On May 15, 2026 the trust disposed of a total of 21,001,939 shares of Marine Products (MPX) common stock in connection with the company’s merger with MasterCraft Boat Holdings, Inc.
Under the Merger Agreement each Marine Products share was converted into the right to receive $2.43 in cash and 0.232 shares of MasterCraft common stock. Using MasterCraft’s closing price of $24.64 on May 14, 2026, the stock component is worth about $5.72, making the aggregate per‑share consideration roughly $8.15 and the total consideration for the disposed shares about $171 million. These dispositions are corporate‑action conversions, not open‑market sales.

Key Details

Transaction date: May 15, 2026. Transaction code: J (other acquisition/disposition — corporate conversion under merger).
Consideration per share: $2.43 cash + 0.232 MasterCraft shares (MasterCraft price $24.64 on 5/14/2026 → stock piece ≈ $5.72). Implied per‑share value ≈ $8.15; total ≈ $171M.
Shares disposed (line items): 19,138,233; 1,065,476; 297,913; 156,838; 343,479 — total 21,001,939.
Shares owned after transaction: not specified in the filing; reporting person disclaims beneficial ownership except to the extent of pecuniary interest (Footnote F2).
Footnotes: F1 explains the conversion under the Merger Agreement; F2 is a disclaimer of beneficial ownership for purposes of Section 16.
Filing timeliness: Form 4 was filed May 19, 2026 for transactions on May 15, 2026 — filed within the standard two business‑day reporting window.

Context

This was a merger conversion (corporate action) rather than a voluntary sale or open‑market trade; the trust received the deal consideration specified in the merger.
As a 10% owner reporting through a trust, the filing reflects institutional/beneficial‑owner activity; the F2 disclaimer indicates the trustee reports only pecuniary interest and does not assert direct beneficial ownership.

Form 4Exit

Period: 2026-05-15

10% Owner

Transactions

Other
Common Stock, $.10 Par Value
[F1][F2]
2026-05-15−19,138,233→ 0 total(indirect: Held indirectly through LOR, Inc.)
Other
Common Stock, $.10 Par Value
[F1][F2]
2026-05-15−1,065,476→ 0 total(indirect: By LLC)
Other
Common Stock, $.10 Par Value
[F1][F2]
2026-05-15−297,913→ 0 total(indirect: By LLC)
Other
Common Stock, $.10 Par Value
[F1][F2]
2026-05-15−156,838→ 0 total(indirect: By LLC)
Other
Common Stock, $.10 Par Value
[F1][F2]
2026-05-15−343,479→ 0 total(indirect: Held indirectly through Rollins Holding Company, Inc.)

Footnotes (2)

[F1]Pursuant to the Agreement and Plan of Merger, dated as of February 5, 2026 (the "Merger Agreement"), by and among MasterCraft Boat Holdings, Inc. ("MasterCraft"), Marine Products Corporation ("Marine Products"), Titan Merger Sub 1, Inc., a direct wholly owned subsidiary of MasterCraft, and Titan Merger Sub 2, LLC, a direct wholly owned subsidiary of MasterCraft, at the First Effective Time (as defined in the Merger Agreement), each share of Marine Products' common stock, par value $0.10 per share, was converted into the right to receive $2.43 in cash, without interest, and 0.232 shares of MasterCraft common stock, par value $0.01 per share. The market price of MasterCraft common stock was $24.64 per share at the close of business May 14, 2026.
[F2]The reporting person disclaims for the purpose of Section 16 of the Securities Exchange Act of 1934 the beneficial ownership of such securities except to the extent of his pecuniary interest therein, and this report shall not be deemed an admission of such beneficial ownership.

Signature

/s/ Callum Macgregor as attorney-in-fact|2026-05-19

1 file