Form 4: MPLX LP Director Frank M. Semple Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Director Frank M. Semple reports acquisition and disposal of MPLX LP common units, along with holdings through various trusts and entities.
Summary
- Frank M. Semple, a director of MPLX LP, filed a Form 4 detailing changes in his beneficial ownership of the company's common units.
- On May 16, 2025, Semple acquired 990.056 common units at $0.
- Semple also reported indirect ownership of common units 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).
- Following the reported transactions, Semple directly owns 54,917.64 common units.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing, so the sentiment is considered neutral.
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 the holdings of company insiders.
Stakeholder Impact
- The filing provides transparency to shareholders regarding the ownership stake of a company director.
Key Dates
| Date | Description |
|---|---|
| 05/16/2025 | Date of transaction: acquisition of common units. |
| 05/20/2025 | Date of signature on the report. |
Keywords
MPLX LP, Form 4, Beneficial Ownership, Frank M. Semple, Common Units, Director
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