Form 4: MPLX LP Director Garry L. Peiffer Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Director Garry L. Peiffer reports changes in beneficial ownership of MPLX LP common units due to a transaction on October 1, 2024.
Summary
- On October 1, 2024, Garry L. Peiffer, a director of MPLX LP, engaged in a transaction involving common units (limited partner interests).
- Peiffer acquired 699.418 common units at a price of $0.
- Following the reported transaction, Peiffer directly owns 53,992.768 common units.
- Peiffer also indirectly owns 68,497 common units through a revocable trust.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing, indicating a neutral sentiment.
Industry Context
This filing is a routine disclosure related to changes in beneficial ownership by a company insider, which is a common practice in publicly traded companies.
Stakeholder Impact
- The change in beneficial ownership may be of interest to shareholders as it provides insight into the actions of a company director.
Key Dates
| Date | Description |
|---|---|
| 10/01/2024 | Date of transaction involving common units. |
| 10/03/2024 | Date of signature for the Form 4 filing. |
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