Form 4: MPLX LP Director Garry L. Peiffer Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Director Garry L. Peiffer reports acquisition and disposal of MPLX LP common units on April 1, 2024.
Summary
- Garry L. Peiffer, a director of MPLX LP, reported changes in beneficial ownership of the company's common units.
- On April 1, 2024, Peiffer acquired 756.292 common units at a price of $0.
- On the same day, Peiffer disposed of an unspecified amount of common units.
- Following these transactions, Peiffer directly owns 50,475.332 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, so the sentiment is neutral.
Management Comments
- The Reporting Person is a Director of MPLX GP LLC, the general partner of the Issuer.
- The Issuer is managed by the directors and executive officers of MPLX GP LLC.
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.
Key Dates
| Date | Description |
|---|---|
| 04/01/2024 | Date of transaction: acquisition and disposal of common units. |
| 04/03/2024 | Date of signature for the report. |
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