Form 4: Marathon Petroleum Director Susan Tomasky Reports Acquisition of Common Stock

Director Susan Tomasky reports acquiring 251.025 shares of Marathon Petroleum Corp common stock through a dividend reinvestment.

Summary

• Susan Tomasky, a director of Marathon Petroleum Corp, filed a Form 4 with the SEC.
• The filing reports a transaction on October 1, 2024, where she acquired 251.025 shares of common stock.
• The acquisition was through dividend reinvestment at a price of $0 per share.
• Following the transaction, Tomasky beneficially owns 27,627.083 shares of Marathon Petroleum Corp common stock directly.
• The report also includes 83.853 shares acquired pursuant to dividend reinvestment and not previously reported pursuant to Rule 16a-11.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a routine transaction (dividend reinvestment) by a director, which doesn't necessarily indicate strong positive or negative sentiment about the company's future.

Positives

• The director's increased stake in the company could be seen as a positive signal.

Industry Context

Insider transactions are closely monitored as they can provide insights into management's perspective on the company's prospects. Dividend reinvestment is a common way for insiders to increase their holdings.

Stakeholder Impact

• The transaction may have a minor positive impact on shareholder confidence.

Key Dates