RCTLOR, LLC 4

What Happened
RCTLOR, LLC, a reported 10% owner of Marine Products Group, LLC (MPX), reported an "other acquisition or disposition (J)" on 2026-05-15 for 1,065,476 shares (reported as "Acquired"). Per the Merger Agreement, each MPX share was converted into $2.43 in cash and 0.232 shares of MasterCraft common stock. Using MasterCraft's close price of $24.64 on 2026-05-14 implies an estimated value of about $8.15 per MPX share and total consideration of approximately $8.68 million. This was a conversion under a merger transaction, not an open-market purchase.

Key Details

• Transaction date: 2026-05-15; Form 4 filed 2026-05-19 (filed within the SEC two business‑day window).
• Reported action: Other acquisition/disposition (code J); 1,065,476 shares "Acquired"; price listed as N/A on the form.
• Conversion terms (footnote): $2.43 cash + 0.232 MasterCraft shares per MPX share (MasterCraft close 5/14/2026 = $24.64).
• Estimated per‑share value: ~$8.15; estimated total consideration: ≈ $8.68M.
• Shares owned after the transaction: not specified in the filing.
• Notable: This filing reflects merger consideration under the Merger Agreement (dated Feb 5, 2026). The reporting party is a 10% owner — an institutional holder, not an executive insider.

Context
Because this was a deal-driven conversion (cash + stock) rather than a market buy or sale, it reflects the merger terms more than a trade signal about future performance. For retail investors, purchases reported as open-market buys often carry more immediate sentiment information; conversions like this indicate the closing of a corporate transaction and distribution of deal consideration.