R. Randall Rollins Voting Trust U/A dated August 25, 1994 4

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

AI-generated summary of this filing

Updated May 19, 2026

Marine Products (MPX) 10% Owner R. Randall Rollins Trust Sells 79 Shares

What Happened

The R. Randall Rollins Voting Trust (a 10% owner) disposed of 79 shares of Marine Products on May 15, 2026. The disposition was not an open‑market sale but conversion of Marine Products shares under a merger agreement: each share was converted into $2.43 in cash plus 0.232 shares of MasterCraft common stock.
Using MasterCraft’s closing price of $24.64 on May 14, 2026, the stock portion is about $5.72 per share, making the total consideration roughly $8.15 per Marine Products share and about $644 for the 79 shares.

Key Details

Transaction date: 2026-05-15 (filed with the SEC on 2026-05-19).
Consideration per share: $2.43 cash + 0.232 MasterCraft shares (MasterCraft $24.64 close on 5/14/2026 → ~$5.72 stock value).
Total for 79 shares: ~ $644 (79 × ~$8.15).
Form 4 transaction code: J (other acquisition/disposition) — footnote confirms conversion under the Merger Agreement dated Feb 5, 2026.
Shares owned after transaction: not specified in the provided filing excerpt.
Filing timing: Form 4 was filed 4 days after the transaction (May 19 vs May 15); Form 4s are typically due within 2 business days, so this may be later than the usual reporting window.

Context

This was a merger conversion rather than a voluntary open‑market sale, so it reflects corporate transactional mechanics, not necessarily insider sentiment.
As a reported 10% owner via a voting trust, this is institutional/large‑holder activity rather than a routine executive trade.

Form 4Exit

Period: 2026-05-15

10% Owner

Transactions

Footnotes (1)

[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.

Signature

/s/ The R. Randall Rollins Voting Trust U/A dated August 25, 1994, By: Amy R. Kreisler, Trustee|2026-05-19

1 file