Form 4: MPLX LP Director John P. Surma Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Director John P. Surma reports acquisition and disposal of common units in MPLX LP.
Summary
- On July 1, 2024, John P. Surma, a director of MPLX LP, reported a transaction involving common units (limited partner interests).
- Surma acquired 830.807 common units and disposed of an unspecified amount.
- Following the reported transaction, Surma beneficially owns 74,597.532 common units.
- 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.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing, indicating neutral sentiment.
Industry Context
Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to the market.
Stakeholder Impact
- The transaction may be of interest to shareholders as it reflects the director's investment activity in the company.
Key Dates
| Date | Description |
|---|---|
| 07/01/2024 | Date of transaction involving common units. |
| 07/03/2024 | Date of signature for the report. |
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