Form 4: MPLX LP Director John P. Surma Reports Transaction in Common Units
SEC Form 4 Filing
Director John P. Surma reports acquisition and disposal of MPLX LP common units on August 16, 2024.
Summary
- On August 16, 2024, John P. Surma, a director of MPLX LP, reported a transaction involving common units (limited partner interests).
- Surma acquired 1,345.432 common units at $0.
- Surma disposed of 75,942.964 common units.
- Following the reported transaction, the total amount of common units beneficially owned by Surma is 75,942.964.
Sentiment
Score: 5
Explanation: This is a routine disclosure of insider transactions, with no inherent positive or negative sentiment.
Industry Context
Form 4 filings are standard disclosures required by the SEC to provide transparency into the transactions of company insiders, such as directors and officers, ensuring fair market practices.
Stakeholder Impact
- The transaction provides transparency to shareholders regarding the director's holdings.
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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