Form 4: Marathon Petroleum Director Edward G. Galante Reports Acquisition of Common Stock
SEC Form 4 Filing
Director Edward G. Galante reported the acquisition of Marathon Petroleum Corp common stock on April 1, 2024.
Summary
- On April 1, 2024, Edward G. Galante, a director of Marathon Petroleum Corp, acquired common stock.
- The transaction involved the acquisition of 192.628 shares at an unspecified price.
- Following the transaction, Galante directly owns 22,732.709 shares of Marathon Petroleum Corp common stock, which includes 73.008 shares acquired through dividend reinvestment.
Sentiment
Score: 5
Explanation: This is a neutral regulatory filing related to insider stock transactions, with no inherent positive or negative sentiment.
Industry Context
This filing is a routine disclosure related to insider trading and is a normal part of corporate governance.
Stakeholder Impact
- The transaction has a minimal impact on stakeholders as it reflects a director's individual investment decision.
Key Dates
| Date | Description |
|---|---|
| 04/01/2024 | Date of transaction: acquisition of common stock |
| 04/03/2024 | Date of signature on the Form 4 filing |
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