Bell Susan R. 4
Research Summary
AI-generated summary
Marine Products (MPX) Director Susan R. Bell Sells 18,409 Shares
What Happened
- Susan R. Bell, a director of Marine Products Group, LLC (MPX), reported a disposition of 18,409 MPX shares on May 15, 2026. The filing lists a price of $8.18 per share for a total reported value of $150,586. The transaction is reported under code J (other acquisition or disposition) and was done pursuant to the companies’ Merger Agreement.
Key Details
- Transaction date: 2026-05-15
- Reported price: $8.18 per share
- Shares disposed: 18,409; reported total value: $150,586
- Transaction code: J (other acquisition or disposition)
- Consideration per footnote: in the merger each MPX share was exchanged for 0.232 shares of MasterCraft Boat Holdings common stock plus $2.43 in cash (cash net of applicable withholding; no interest)
- Filing date: 2026-05-19 (filed within the Form 4 reporting window for a May 15 transaction)
- Shares owned after transaction: not disclosed in the provided filing summary
Context
- This was a merger-related disposition — the reporting person’s MPX shares were converted under the Merger Agreement into MasterCraft stock and cash, not an open-market sale. Such deal-related exchanges reflect transaction mechanics of a corporate merger and do not by themselves indicate the insider’s view of the company’s prospects.