Form 4: Marathon Petroleum Director John P. Surma Reports Acquisition of Common Stock
SEC Form 4 Filing
Director John P. Surma reports acquiring Marathon Petroleum Corp common stock through dividend reinvestment and holdings in a revocable trust.
Summary
- On October 1, 2024, John P. Surma, a director of Marathon Petroleum Corp, acquired 251.025 shares of common stock at $0 per share.
- This acquisition was made through dividend reinvestment.
- Surma also has indirect ownership of 10,000 shares of common stock through his wife's revocable trust.
- Following the reported transaction, Surma beneficially owns 56,570.035 shares directly.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing stock transactions, which carries a neutral sentiment.
Positives
- The director's acquisition of shares through dividend reinvestment may signal confidence in the company's future performance.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders.
Stakeholder Impact
- The disclosure provides transparency to shareholders regarding the director's holdings and transactions.
Key Dates
| Date | Description |
|---|---|
| 10/01/2024 | Date of transaction: Acquisition of common stock. |
| 10/03/2024 | Date of signature for the report. |
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