MPC.NYSEMarathon Petroleum CORP

Form 4: Marathon Petroleum CEO Maryann T. Mannen Reports Changes in Beneficial Ownership

Sentiment:

SEC Form 4 Filing

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Maryann T. Mannen, President & CEO of Marathon Petroleum Corp, reports acquisition and disposal of common stock, resulting in adjustments to her beneficial ownership.

Summary

  • Maryann T. Mannen, the President & CEO of Marathon Petroleum Corp, filed a Form 4 detailing changes in her beneficial ownership of the company's common stock.
  • On March 1, 2025, she acquired 17,048 shares of common stock.
  • On March 3, 2025, she disposed of 1,389 shares, 952 shares and 778 shares of common stock at a price of $148.65 per share.
  • Following these transactions, her direct ownership stands at 101,455 shares of common stock.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing reporting stock transactions by an executive, indicating a neutral sentiment.

Industry Context

This filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their trading activities. It allows investors to monitor the actions of key executives and their potential impact on the company's stock.

Stakeholder Impact

  • The reported transactions may influence investor perception of Marathon Petroleum's stock.

Key Dates

DateDescription
03/01/2025Acquisition of 17,048 shares of common stock
03/03/2025Disposal of 1,389 shares of common stock at $148.65 per share
03/03/2025Disposal of 952 shares of common stock at $148.65 per share
03/03/2025Disposal of 778 shares of common stock at $148.65 per share
03/04/2025Date of signature for the Form 4 filing

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