Form 4: Marathon Petroleum Executive VP John J. Quaid Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Executive VP & Chief Financial Officer of Marathon Petroleum, John J. Quaid, reports acquisition and disposal of common stock.
Summary
- On March 1, 2025, John J. Quaid acquired 4,459 shares of Marathon Petroleum Corp common stock.
- On March 3, 2025, Quaid disposed of 535, 358 and 543 shares of common stock at a price of $148.65 per share.
- Following these transactions, Quaid directly owns 35,457 shares of Marathon Petroleum Corp common stock.
Sentiment
Score: 5
Explanation: This is a routine filing related to stock transactions by an executive, and doesn't inherently indicate positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the trading activities of company insiders. These filings are closely watched by investors seeking insights into management's perspective on the company's stock.
Stakeholder Impact
- The transactions may be of interest to shareholders as they provide insight into the actions of a key executive.
Key Dates
| Date | Description |
|---|---|
| 03/01/2025 | Acquisition of 4,459 shares of common stock |
| 03/03/2025 | Disposal of 535, 358 and 543 shares of common stock at $148.65 per share |
| 03/04/2025 | Date of signature by Molly R. Benson, Attorney-in-Fact |
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.