Form 4: Marathon Petroleum Executive Trades MPC Shares
Statement of Changes in Beneficial Ownership
Michael A. Henschen II, Executive VP of Refining at Marathon Petroleum Corp, reported transactions involving the sale and acquisition of company stock.
Summary
- Michael A. Henschen II, Executive Vice President of Refining at Marathon Petroleum Corporation, reported a sale of 1,372 shares of common stock on June 4, 2026, at a weighted average price of $268.75.
- He also acquired 4,964 shares of common stock on June 4, 2026, at a price of $49.94 per share, which appears to be related to employee stock options.
- Following these transactions, Henschen beneficially owns 16,900 shares directly.
- The sale of 1,372 shares was executed at prices ranging from $268.82 to $268.99.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral filing, as it represents routine insider transactions related to stock options and does not indicate a significant change in the executive's outlook on the company's performance.
Positives
- Acquisition of 4,964 shares of common stock at a favorable price of $49.94, likely through an employee stock option exercise.
- The executive continues to hold a significant number of shares (16,900) directly, indicating continued investment in the company.
Negatives
- Sale of 1,372 shares of common stock at a price significantly higher than the acquisition price of the options, suggesting a realization of gains.
Future Outlook
The filing does not contain forward-looking statements or guidance.
Industry Context
StockSavvy.ai notes that Form 4 filings are standard disclosures for insider transactions and reflect typical executive compensation and stock ownership strategies within the energy sector, particularly for large integrated oil and gas companies like Marathon Petroleum.
Stakeholder Impact
- Shareholders: The filing provides transparency into executive stock transactions, which is a standard part of corporate governance and can influence investor perception of insider confidence.
Key Dates
| Date | Description |
|---|---|
| 04/01/2018 | First date of exercisability for a portion of the employee stock option. |
| 04/01/2019 | Second date of exercisability for a portion of the employee stock option. |
| 04/01/2020 | Third date of exercisability for a portion of the employee stock option. |
| 04/01/2027 | Expiration date of the employee stock option. |
| 06/04/2026 | Date of reported stock transactions (sale and acquisition). |
| 06/08/2026 | Date the Form 4 filing was signed. |
Keywords
Marathon Petroleum, MPC, Form 4, Insider Trading, Stock Options, Executive Compensation, SEC Filing, Securities Transaction
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.