Kolstad Gary A 4

What Happened

• Gary A. Kolstad, a director of Marine Products Group, LLC (MPX), reported a disposition of 4,651 MPX shares on 2026-05-15 at $8.18 per share, for a reported total value of $38,045. The disposition was made pursuant to the Merger Agreement with MasterCraft Boat Holdings, Inc., not an open-market sale.

Key Details

• Transaction date and price: 2026-05-15 — 4,651 shares at $8.18 each (total $38,045).
• Consideration per MPX share under the merger: 0.232 shares of MasterCraft common stock plus $2.43 in cash.
• Cash component received by Kolstad for this block: 4,651 × $2.43 ≈ $11,301.93.
• Stock component received: 4,651 × 0.232 ≈ 1,079.03 MasterCraft shares.
• Transaction code: J (other acquisition or disposition) — explained by the merger exchange in the filing footnote.
• Shares owned after transaction: Not specified in this Form 4 filing.
• Filing date: 2026-05-19 (four days after the 5/15 transaction). Note: Form 4s are normally due within two business days of the transaction; this filing was submitted later than that window.

Context

• This was a merger-related disposition: MPX shares were converted into a fixed cash payment ($2.43 per share) plus MasterCraft shares (0.232 per MPX share). This is a corporate-transaction-driven disposition and should not be read as an independent trading signal by the director.