Form 4: Marathon Petroleum Director Jonathan Z. Cohen Reports Acquisition of Common Stock
SEC Form 4 Filing
Director Jonathan Z. Cohen reports acquiring Marathon Petroleum Corp common stock on July 1, 2024.
Summary
- On July 1, 2024, Jonathan Z. Cohen, a director of Marathon Petroleum Corp, acquired 225.27 shares of common stock.
- The acquisition price was $0.
- Following the transaction, Cohen directly owns 13,040.768 shares of Marathon Petroleum Corp common stock.
- This includes 60.361 shares acquired pursuant to dividend reinvestment and not previously reported.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing, so the sentiment is neutral.
Industry Context
Form 4 filings are standard practice for corporate insiders to report transactions in their company's stock, ensuring transparency and compliance with securities regulations.
Stakeholder Impact
- The filing provides transparency to shareholders regarding insider transactions.
Key Dates
| Date | Description |
|---|---|
| 07/01/2024 | Date of transaction: Jonathan Z. Cohen acquired common stock. |
| 07/03/2024 | Date of signature on the Form 4 filing. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.