Form 4: MPLX LP Director Garry L. Peiffer Reports Transaction in Common Units
SEC Form 4 Filing
Director Garry L. Peiffer reports acquisition and disposal of MPLX LP common units on August 16, 2024.
Summary
- On August 16, 2024, Garry L. Peiffer, a director of MPLX LP, engaged in a transaction involving the company's common units.
- Peiffer acquired 1,047.626 common units at $0.
- Peiffer disposed of 53,293.35 common units.
- Following the transaction, Peiffer directly owns 0 common units and indirectly owns 68,497 common units through a revocable trust.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing reporting a transaction by a company director. It doesn't inherently convey positive or negative sentiment.
Industry Context
This filing is a routine disclosure of a transaction by a company insider, as required by the SEC. It provides transparency regarding the trading activities of individuals with access to inside information.
Stakeholder Impact
- The transaction may be of interest to shareholders as it provides insight into the actions of a company insider.
Key Dates
| Date | Description |
|---|---|
| 08/16/2024 | Date of transaction involving common units. |
| 08/20/2024 | Date of signature on the report. |
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