Form 4: Marathon Petroleum Executive Gregory Floerke Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Gregory Floerke, Executive VP & COO of MPLX GP LLC, a subsidiary of Marathon Petroleum, reports transactions involving Marathon Petroleum Corp [MPC] common stock.
Summary
- Gregory Floerke, an executive at Marathon Petroleum subsidiary MPLX GP LLC, filed a Form 4 detailing changes in his beneficial ownership of Marathon Petroleum Corp (MPC) common stock.
- On March 1, 2025, he acquired 2,098 shares of common stock.
- On March 3, 2025, he disposed of 445 shares at $148.65, 278 shares at $148.65 and 251 shares at $148.65.
- Following these transactions, Floerke directly owns 30,193 shares of common stock and indirectly owns 677.44 shares through a 401(k) plan.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing, so the sentiment is neutral.
Industry Context
This filing is a routine disclosure related to executive stock transactions, which are common in publicly traded companies. It provides transparency into the trading activities of company insiders.
Key Dates
| Date | Description |
|---|---|
| 03/01/2025 | Acquisition of 2,098 shares of common stock |
| 03/03/2025 | Disposal of 445, 278 and 251 shares of common stock at $148.65 per share |
| 03/04/2025 | Date of signature for the Form 4 filing |
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