---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-25-038612"
form_type: "8-K"
ticker: "MPX"
cik: "0001129155"
company_name: "MARINE PRODUCTS CORP"
filed_at: "2025-04-24T23:59:59+00:00"
generated_at: "2026-05-23T06:41:32.898978+00:00"
event_type: "other"
sentiment: "neutral"
materiality_score: 0.4
calibrated_materiality_score: 0.4
confidence: "high"
source: SEC EDGAR
---

# Marine Products declassifies board, removes supermajority provisions after shareholder vote

## Summary
- Six directors resigned and were reappointed for one-year terms to facilitate board declassification.
- Shareholders approved board declassification (30.6M for, 95k against) effective April 22, 2025.
- Shareholders removed 66.7% supermajority vote requirements to remove directors (26.6M for, 4.0M against).
- Shareholders also removed 66.7% supermajority to amend bylaws (26.6M for, 4.0M against) and special meeting provision.
- Grant Thornton LLP ratified as independent auditor for fiscal 2025 with 32.3M votes for.

## SEC filing metadata
- accession: 0001104659-25-038612
- form_type: 8-K
- ticker: MPX
- cik: 0001129155
- company_name: MARINE PRODUCTS CORP
- filed_at: 2025-04-24T23:59:59+00:00
- event_type: other
- sentiment: neutral
- materiality_score: 0.4
- calibrated_materiality_score: 0.4
- confidence: high
- sec_items: 5.02, 5.07
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1129155/000110465925038612/0001104659-25-038612-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1129155/000110465925038612/tm2513118d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-25-038612
- JSON: https://secwatch.observer/filing/0001104659-25-038612.json
- Plain text: https://secwatch.observer/filing/0001104659-25-038612.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.