Form 4: MPLX LP Director Frank M. Semple Reports Changes in Beneficial Ownership
SEC Form 4
Director Frank M. Semple reports changes in beneficial ownership of MPLX LP common units.
Summary
- On August 16, 2024, Frank M. Semple, a director of MPLX LP, reported a transaction involving common units (limited partner interests).
- Semple acquired 932.736 common units at a price of $0.
- Following the transaction, Semple directly owns 47,448.811 common units.
- Semple also indirectly owns 333,337 common units through the Frank M. Semple Revocable Trust, 111,180 units through the Robin Y. Semple 2012 Dynasty Trust, and 48,777 units through EK Holdings LLC.
Sentiment
Score: 5
Explanation: This is a neutral report on a director's transaction. It doesn't inherently indicate positive or negative sentiment.
Industry Context
This filing is a routine disclosure of changes in beneficial ownership by a company director, as required by the SEC. It provides transparency to investors regarding insider transactions.
Stakeholder Impact
- The filing provides transparency to shareholders regarding insider transactions.
Key Dates
| Date | Description |
|---|---|
| 08/16/2024 | Date of transaction involving common units. |
| 08/20/2024 | Date of signature by Attorney-in-Fact for Frank M. Semple. |
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