Form 4: Marathon Petroleum Corp CEO Maryann T. Mannen Reports Stock Transaction
SEC Form 4 Filing
Maryann T. Mannen, President & CEO of Marathon Petroleum Corp, reports acquiring 6,921 shares of common stock and disposing of 87,526 shares on August 1, 2024.
Summary
- On August 1, 2024, Maryann T. Mannen, the President & CEO of Marathon Petroleum Corp, engaged in a transaction involving the company's common stock.
- She acquired 6,921 shares.
- She disposed of 87,526 shares.
- Following the reported transaction, her holdings include 87,526 shares.
Sentiment
Score: 5
Explanation: This is a routine regulatory filing. The sentiment is neutral as it simply reports a transaction.
Industry Context
Form 4 filings are standard practice and provide transparency into the trading activities of company insiders, allowing investors to monitor potential alignment between management's actions and company performance.
Stakeholder Impact
- The transaction could influence investor sentiment, depending on the reasons behind the stock disposal.
Key Dates
| Date | Description |
|---|---|
| 08/01/2024 | Date of stock transaction (acquisition and disposition of shares) |
| 08/05/2024 | Date of signature on the Form 4 filing |
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