Form 4: Marathon Petroleum Officer Sells Shares for Tax

Marathon Petroleum Corp. Executive Vice President and COO Gregory S. Floerke reported a disposition of 85 common shares to cover tax obligations.

Summary

• Gregory Scott Floerke, Executive Vice President and Chief Operating Officer of MPLX GP LLC, a subsidiary of Marathon Petroleum Corp (MPC), reported a transaction.
• On December 12, 2025, Floerke disposed of 85 shares of Marathon Petroleum Corp Common Stock at a price of $185.77 per share.
• The transaction code 'F' indicates this disposition was made to the issuer to satisfy tax withholding obligations.
• Following this transaction, Floerke directly beneficially owns 30,108 shares of Common Stock.
• Floerke also indirectly beneficially owns 726.235 shares through a 401(k) Plan.
• The indirect ownership includes 32.973 shares from contributions and administrative fees, and 15.822 shares acquired via dividend reinvestment, both not previously reported.

Sentiment

Score: 5

Explanation: The filing is a routine Form 4 reporting an insider transaction for tax withholding purposes, which is a neutral event and does not reflect positive or negative sentiment regarding the company's performance or outlook.

Future Outlook

This filing does not contain any forward-looking statements or guidance.

Industry Context

This is a routine insider transaction filing (Form 4) reporting a disposition of shares to cover tax withholding obligations, which is a common occurrence for executives receiving equity compensation. It does not provide insights into broader industry trends or competitive positioning.

Key Dates

Keywords

Marathon Petroleum, MPC, insider transaction, Form 4, stock disposition, executive compensation, Gregory Floerke, MPLX GP LLC, tax withholding