Marine Products (MPX) CEO Palmer gave up 8,958 shares at $9.44 to cover taxes or an exercise price
Insider transactions reported
Ben M Palmer (President and CEO at Marine Products Corporation, MPX) reported that they gave up 8,958 shares at $9.44 to cover taxes or an exercise price on Jan 28, 2026. After these transactions the filing shows 603,096 shares held directly.
- Reporting person
- Palmer Ben M
- Role
- President and CEO
| Date | Type | Security | Shares | Price | Value | Held after |
|---|---|---|---|---|---|---|
| Jan 28, 2026 | Shares withheld for taxes or exercise price (F) | Common Stock $.10 Par Value | -8,958 | $9.44 | $84.6K | 603,096 direct |
Holdings before and after
- Common Stock $.10 Par Value: 612,054 to 603,096 direct
Transaction codes in this filing
- Shares withheld for taxes or exercise price:
- Code F marks shares handed back or withheld to pay taxes or an exercise price. No sale happens in the market.
FAQ
What did Palmer report in this MPX Form 4?
Ben M Palmer (President and CEO at Marine Products Corporation, MPX) reported that they gave up 8,958 shares at $9.44 to cover taxes or an exercise price on Jan 28, 2026. After these transactions the filing shows 603,096 shares held directly.
How many MPX shares does Palmer hold after this filing?
The filing shows 603,096 shares held directly after the reported transactions. Form 4 reports only the positions it lists, so this may not be every holding.
What does transaction code F mean on an SEC Form 4?
Code F marks shares handed back or withheld to pay taxes or an exercise price. No sale happens in the market.
Historical context for MPX
Across the 3 sessions after earlier MPX headlines, the stock closed higher 1 times and lower 2 times, with a median move of 2.7% in either direction. This shows timing only: many things move a stock in a session, and these figures do not show that any headline caused a move.
| Session | Earlier headline | MPX | SPY |
|---|---|---|---|
| Jan 28, 2026 | Marine Products Corporation Announces Regular Quarterly Cash Dividend | -2.7% | -0.0% |
| Jan 20, 2026 | Marine Products Corporation Announces Date for Fourth Quarter 2025 Financial Results and Conference Call | -3.5% | -2.0% |
| Oct 30, 2025 | Marine Products Corporation Reports Third Quarter 2025 Financial Results And Declares Regular Quarterly Dividend | +0.4% | -1.1% |
Earlier insider filings at MPX
- Jan 29, 2026President and CEO Palmer Ben M was granted 85,300 units of Common Stock $.10 Par Value, increasing direct ownership by 16% to 612,054 units (SEC Form 4)
- Jan 29, 2026CFO and Corporate Secretary Schmit Michael was granted 24,900 units of Common Stock $.10 Par Value, increasing direct ownership by 44% to 80,857 units (SEC Form 4)
- Jan 29, 2026Executive Chairman of Board Hubbell Richard A was granted 44,000 shares, increasing direct ownership by 3% to 1,321,465 units (SEC Form 4)
- Jan 29, 2026Executive Chairman of Board Hubbell Richard A covered exercise/tax liability with 2,613 shares, decreasing direct ownership by 0.20% to 1,277,465 units (SEC Form 4)
- Jan 28, 2026President and CEO Palmer Ben M covered exercise/tax liability with 3,138 units of Common Stock $.10 Par Value, decreasing direct ownership by 0.59% to 526,754 units (SEC Form 4)
- Market cap
- 30-day
- Sector
- Industrials
- Industry
- Marine Transportation
- Listed since
- 2001
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