{"url_path":"/sec/mpx/10-q/2026/item-2","section_key":"item-2","section_title":"Item 2 UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS","topic":"sec","document":{"doc_type":"10-Q","doc_date":"2026-05-08","source_url":"https://www.sec.gov/Archives/edgar/data/1129155/0001104659-26-057814-index.html","accession_number":"0001104659-26-057814","cik":"0001129155","ticker":"MPX","issuer_name":"MARINE PRODUCTS GROUP, LLC","edgar_url":"https://www.sec.gov/Archives/edgar/data/1129155/0001104659-26-057814-index.html","primary_entity_key":"0001129155","primary_entity_name":"MARINE PRODUCTS CORP"},"word_count":292,"has_tables":true,"body_markdown":"ITEM 2. UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS\n\n​\n\n​\n\n​\n\n​\n\n​\n\n​\n\n​\n\n​\n\n​\n\n​\n\n​\n\n​\n\n  ​ ​ ​\n\n​\n\n  ​ ​ ​\n\n​\n\n​\n\n  ​ ​ ​\n\n​\n\n  ​ ​ ​\n\nMaximum Number\n\n​\n\n​\n\n​\n\n​\n\n​\n\n​\n\n​\n\n​\n\nTotal Number of\n\n​\n\n(or Approximate\n\n​\n\n​\n\n​\n\n​\n\n​\n\n​\n\n​\n\n​\n\nShares (or Units)\n\n​\n\nDollar Value) of\n\n​\n\n​\n\nTotal\n\n​\n\n​\n\n​\n\n​\n\n​\n\nPurchased as\n\n​\n\nShares (or Units)\n\n​\n\n​\n\nNumber of\n\n​\n\n​\n\nAverage\n\n​\n\nPart of Publicly\n\n​\n\nthat May Yet Be\n\n​\n\n​\n\nShares\n\n​\n\n​\n\nPrice Paid Per\n\n​\n\nAnnounced\n\n​\n\nPurchased Under\n\n​\n\n​\n\n(or Units)\n\n​\n\n​\n\nShare\n\n​\n\nPlans or\n\n​\n\nthe Plans or\n\nPeriod\n\n \n\nPurchased\n\n \n\n​\n\n(or Unit)\n\n \n\nPrograms\n\n \n\nPrograms (1)\n\nJanuary 1, 2026 to January 31, 2026\n\n \n\n135,610\n\n(2)​\n\n​\n\n$\n\n9.48\n\n \n\n—\n\n \n\n1,570,428\n\nFebruary 1, 2026 to February 28, 2026\n\n \n\n459\n\n(2)​\n\n​\n\n \n\n9.43\n\n \n\n—\n\n \n\n1,570,428\n\nMarch 1, 2026 to March 31, 2026\n\n \n\n5,792\n\n(2)​\n\n​\n\n \n\n7.89\n\n \n\n—\n\n \n\n1,570,428\n\nTotals\n\n \n\n141,861\n\n​\n\n​\n\n$\n\n9.41\n\n \n\n—\n\n \n\n1,570,428\n\n(1)The Company's Board of Directors announced a stock buyback program on April 25, 2001 authorizing the repurchase of 2,250,000 shares in the open market and another on March 14, 2005 authorizing the repurchase of an additional 3,000,000 shares. On January 22, 2008, the Board of Directors authorized an additional 3,000,000 shares that the Company may repurchase. During the first quarter of 2026, there were no shares repurchased in the open market under this program and there are 1,570,428 shares that remain available for repurchase. The program does not have a predetermined expiration date.\n\n(2)Includes shares repurchased by the Company in connection with taxes related to vesting of restricted shares."}