ROLLINS GARY W 4

What Happened Gary W. Rollins, a reported 10% owner of Marine Products Group, LLC (MPX), disposed of a total of 1,282,062 Marine Products shares on May 15, 2026. The dispositions were made pursuant to the Merger Agreement with MasterCraft Boat Holdings — each Marine Products share converted into $2.43 cash and 0.232 shares of MasterCraft common stock. Based on MasterCraft’s closing price of $24.64 on May 14, 2026, the consideration equals roughly $3.12M cash plus ~297,506 MasterCraft shares (≈ $7.33M), for a combined approximate value of $10.45M.

Key Details

• Transaction date: May 15, 2026; Form filed May 19, 2026 (timely within the two-business-day Form 4 window).
• Transaction code: J — other acquisition/disposition in connection with a corporate transaction (merger conversion).
• Consideration per MPX share: $2.43 cash + 0.232 MasterCraft shares; MasterCraft price used in filing: $24.64 (close 5/14/2026).
• Shares disposed: 731,150; 219,149; 327,258; and 4,505 (total 1,282,062).
• Shares owned after transaction: not specified in the provided filing excerpt.
• Footnotes: F1 — dispositions occurred under the February 5, 2026 Merger Agreement converting MPX shares into cash and MasterCraft stock; F2 — Rollins disclaims beneficial ownership except for pecuniary interest.

Context This was a conversion/settlement tied to a merger—not an open-market sale or option exercise—so the transaction reflects corporate deal consideration rather than an independent trading decision. As a 10% owner (not an officer trade), the filing mainly documents the mechanics and value of the merger payout; it should not be read as a direct signal of personal buy/sell intent.