Form 4: Marathon Petroleum Ex-VP Sells Shares for Tax Withholding

Marathon Petroleum's former Executive Vice President of Refining, Michael A. Henschen II, disposed of 160 shares of common stock to cover tax withholding obligations.

Summary

• Michael A. Henschen II, identified as the former Executive Vice President of Refining for Marathon Petroleum Corp (MPC), reported a transaction.
• On December 12, 2025, Henschen disposed of 160 shares of Marathon Petroleum common stock.
• The disposition occurred at a price of $185.77 per share.
• This transaction was coded as 'F', indicating a disposition to the issuer to satisfy tax withholding obligations.
• Following this reported transaction, Michael A. Henschen II beneficially owns 22,263 shares of common stock directly.
• The transaction was made pursuant to a contract, instruction, or written plan intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Sentiment

Score: 5

Explanation: The filing reports a routine insider transaction for tax withholding, which is a neutral event and does not indicate positive or negative sentiment regarding the company's performance or outlook.

Future Outlook

The filing does not contain any forward-looking statements or guidance regarding the company's future performance or strategic direction.

Industry Context

This filing represents a routine insider transaction for tax withholding purposes, which is a common occurrence for executives receiving equity compensation in publicly traded companies within the energy and refining sector. It does not provide insights into broader industry trends or competitive positioning.

Stakeholder Impact

• Shareholders: Minimal impact as this is a routine, non-discretionary transaction for tax purposes by a former executive.

Key Dates

Keywords

Marathon Petroleum, MPC, Form 4, Insider Transaction, Stock Sale, Executive Compensation, Tax Withholding, Michael A. Henschen II, 10b5-1 Plan