Form 4: MPLX LP Director Garry L. Peiffer Reports Transaction in Common Units
SEC Form 4
Director Garry L. Peiffer reports acquisition and disposal of MPLX LP common units on May 16, 2025.
Summary
- On May 16, 2025, Garry L. Peiffer, a director of MPLX LP, engaged in a transaction involving the company's common units.
- Peiffer acquired 1,090.468 common units at a price of $0.
- Peiffer also disposed of 60,487 common units.
- Following the reported transactions, Peiffer directly owns 68,497 common units and indirectly owns common units through a revocable trust.
Sentiment
Score: 5
Explanation: This is a neutral report of a transaction. It doesn't inherently indicate positive or negative sentiment.
Industry Context
This Form 4 filing is a routine disclosure of a transaction by a company insider, providing transparency to the market regarding their holdings and activities.
Stakeholder Impact
- The transaction may have a minor impact on shareholders as it reflects an insider's trading activity.
Key Dates
| Date | Description |
|---|---|
| 05/16/2025 | Date of transaction involving acquisition and disposal of common units. |
| 05/20/2025 | Date of signature by Attorney-in-Fact for Garry L. Peiffer. |
Keywords
MPLX LP, Garry L. Peiffer, common units, director, transaction, Form 4, beneficial ownership
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