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

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.