Form 4: Marathon Petroleum Executive Chairman Michael Hennigan Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Michael Hennigan, Executive Chairman of Marathon Petroleum, reports acquisition and disposal of common stock, resulting in an adjusted beneficial ownership.
Summary
- On March 1, 2025, Michael J. Hennigan acquired 11,645 shares of Marathon Petroleum Corp common stock at $0.
- On March 3, 2025, Hennigan disposed of 4,164 shares at $148.65, 2,844 shares at $148.65, and 2,309 shares at $148.65.
- Following these transactions, Hennigan directly owns 221,368 shares of Marathon Petroleum Corp common stock.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing stock transactions, with neutral sentiment.
Industry Context
This filing is a routine disclosure related to changes in beneficial ownership by a company executive, as required by the SEC. It provides transparency to investors regarding the trading activities of company insiders.
Stakeholder Impact
- The filing provides transparency to shareholders regarding executive stock transactions.
Key Dates
| Date | Description |
|---|---|
| 03/01/2025 | Acquisition of 11,645 shares of common stock. |
| 03/03/2025 | Disposal of 4,164, 2,844, and 2,309 shares of common stock. |
| 03/04/2025 | Date of signature for the Form 4 filing. |
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