Form 4: Marathon Petroleum Director Kim K.W. Rucker Reports Acquisition of Common Stock
SEC Form 4 Filing
Director Kim K.W. Rucker reports acquisition of Marathon Petroleum common stock as part of the annual equity retainer award.
Summary
- Kim K.W. Rucker, a director of Marathon Petroleum Corp, filed a Form 4 to report changes in beneficial ownership.
- The report indicates that Rucker acquired 1,275.96 shares of common stock on May 1, 2025, as part of the annual equity retainer award.
- The shares were acquired at a price of $0.
- Following the transaction, Rucker directly owns 26,230.866 shares of Marathon Petroleum common stock.
Sentiment
Score: 6
Explanation: The document is a routine regulatory filing related to director compensation. It doesn't contain information that would significantly impact investor sentiment positively or negatively.
Positives
- The acquisition of shares by a director can be seen as a positive signal, indicating confidence in the company's future performance.
Industry Context
Director compensation through equity is a common practice in the oil and gas industry to align the interests of management with those of shareholders.
Stakeholder Impact
- The transaction has a minor positive impact on shareholders as it aligns director interests with shareholder value.
Key Dates
| Date | Description |
|---|---|
| 05/01/2025 | Date of transaction: Acquisition of common stock. |
| 05/05/2025 | Date of signature on the Form 4 filing. |
Keywords
Form 4, beneficial ownership, Marathon Petroleum, director, equity retainer, common stock, MPC, Rucker
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