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Ownership Document |
Schema Version: X0508 |
Document Type: 4 |
Period of Report: 1/25/24 |
Issuer: |
| Issuer CIK: 1129155 |
| Issuer Name: MARINE PRODUCTS CORP |
| Issuer Trading Symbol: MPX |
Reporting Owner: |
| Reporting Owner ID: |
| | Owner CIK: 1130208 |
| | Owner Name: PALMER BEN M |
| Reporting Owner Address: |
| | Owner Street 1: 2801 BUFORD HIGHWAY NE |
| | Owner Street 2: SUITE 300 |
| | Owner City: ATLANTA |
| | Owner State: GA |
| | Owner ZIP Code: 30329 |
| | Owner State Description: |
| Reporting Owner Relationship: |
| | Is Director? Yes |
| | Is Officer? Yes |
| | Is Ten Percent Owner? No |
| | Is Other? No |
| | Officer Title: President and CEO |
Aff 10b5 One? No |
Non-Derivative Table: |
| Non-Derivative Transaction: |
| | Security Title: |
| | | Value: Common Stock $.10 Par Value |
| | Transaction Date: |
| | | Value: 1/25/24 |
| | Transaction Coding: |
| | | Transaction Form Type: 4 |
| | | Transaction Code: F |
| | | Equity Swap Involved? No |
| | Transaction Amounts: |
| | | Transaction Shares: |
| Value: 3,193 |
| | | Transaction Price Per Share: |
| Value: 10.35 |
| | | Transaction Acquired-Disposed Code: |
| Value: D |
| | Post-Transaction Amounts: |
| | | Shares Owned Following Transaction: |
| Value: 477,854 |
| | Ownership Nature: |
| | | Direct or Indirect Ownership: |
| Value: D |
| Non-Derivative Transaction: |
| | Security Title: |
| | | Value: Common Stock $.10 Par Value |
| | Transaction Date: |
| | | Value: 1/26/24 |
| | Transaction Coding: |
| | | Transaction Form Type: 4 |
| | | Transaction Code: F |
| | | Equity Swap Involved? No |
| | Transaction Amounts: |
| | | Transaction Shares: |
| Value: 3,950 |
| | | Transaction Price Per Share: |
| Value: 10.44 |
| | | Transaction Acquired-Disposed Code: |
| Value: D |
| | Post-Transaction Amounts: |
| | | Shares Owned Following Transaction: |
| Value: 473,904 |
| | Ownership Nature: |
| | | Direct or Indirect Ownership: |
| Value: D |
Owner Signature: |
| Signature Name: /s/ Ben M. Palmer |
| Signature Date: 1/29/24 |