Form 4: MPLX LP Director Frank M. Semple Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Director Frank M. Semple reports a transaction involving MPLX LP common units, including acquisitions and disposals, affecting his direct and indirect ownership.
Summary
- On February 14, 2025, Frank M. Semple, a director of MPLX LP, reported changes in his beneficial ownership of the company's common units.
- He acquired 887.928 common units at an unspecified price.
- He disposed of an unspecified amount of common units.
- Following the transaction, Semple directly owns 50,858.786 common units.
- Semple also has indirect ownership through the Frank M. Semple Revocable Trust (333,337 units), the Robin Y. Semple 2012 Dynasty Trust (111,180 units), and EK Holdings LLC (48,777 units).
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing, so the sentiment is neutral.
Industry Context
This filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their trading activities and ownership positions. It allows investors to monitor the actions of key individuals within the company.
Stakeholder Impact
- The filing provides transparency to shareholders regarding the transactions of a key company director.
Key Dates
| Date | Description |
|---|---|
| 02/14/2025 | Date of transaction involving MPLX LP common units. |
| 02/18/2025 | Date of signature by Attorney-in-Fact for Frank M. Semple. |
Keywords
MPLX LP, Frank M. Semple, Beneficial Ownership, Common Units, Director, Form 4, Securities
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