Form 4: Marathon Petroleum Executive VP, Refining, Timothy J. Aydt, Reports Sale of Common Stock

Timothy J. Aydt, Executive VP, Refining at Marathon Petroleum Corp, reports the sale of 7,955 shares of common stock at a weighted average price of $172.883.

Summary

• On February 26, 2024, Timothy J. Aydt, Executive VP, Refining at Marathon Petroleum Corp, sold 7,955 shares of common stock.
• The shares were sold at a weighted average price of $172.883, with individual transactions ranging from $172.882 to $172.915.
• Following the transaction, Aydt directly owns 9,800.843 shares of Marathon Petroleum Corp common stock.
• Aydt also indirectly owns 2,847.143 shares through a 401(k) plan.

Sentiment

Score: 5

Explanation: This is a neutral disclosure of a stock sale by an executive. It doesn't inherently indicate positive or negative sentiment about the company's prospects.

Industry Context

This filing is a routine disclosure of stock transactions by a company executive, as required by the SEC. It provides transparency to the market regarding insider trading activities.

Stakeholder Impact

• The sale of shares by an executive could be perceived negatively by some shareholders, but it is a common occurrence and doesn't necessarily reflect a negative outlook on the company.

Key Dates