Nix Jerry 4

What Happened
Director Jerry Nix reported a disposition of 15,909 shares of Marine Products Group common stock on 2026-05-15 at an average reported price of $8.18 per share, totaling $130,136. The disposition is recorded as code “J” (other acquisition or disposition) and reflects the exchange of MPX shares under the Merger Agreement rather than an open‑market sale.

Key Details

• Transaction date: 2026-05-15; Filing date: 2026-05-19 (filed within the two-business-day Form 4 deadline).
• Reported price: $8.18 per share; reported proceeds/value: $130,136.
• Transaction code: J — "other acquisition or disposition" (used for merger-related exchanges).
• Footnote: Shares were disposed pursuant to the Merger Agreement; each MPX share was converted into the right to receive 0.232 shares of MasterCraft Boat Holdings common stock plus $2.43 in cash per share, less withholding.
• Shares owned after the transaction: not specified in the provided filing excerpt.

Context
This is a merger-related disposition — the reporting person exchanged MPX shares for combined MasterCraft stock and cash consideration under the merger terms. That type of filing documents the corporate transaction outcome and does not necessarily signal voluntary selling by the insider on the open market.