Form 4: MPLX LP Director Maryann T. Mannen Reports Changes in Beneficial Ownership
SEC Form 4
Maryann T. Mannen, a Director and President & CEO of MPLX LP, reported transactions involving common units, including acquisitions and disposals due to tax obligations.
Summary
- On March 1, 2025, Maryann T. Mannen acquired 48,863 common units of MPLX LP at a price of $0.
- On March 3, 2025, Mannen disposed of 3,290 common units at $54.34, 3,407 common units at $54.34 and 3,404 common units at $54.34.
- Following these transactions, Mannen directly owns 125,862 common units of MPLX LP.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing, so the sentiment is neutral.
Industry Context
This filing is a routine disclosure related to changes in beneficial ownership by a company insider, as required by the SEC. It provides transparency to investors regarding the transactions of company executives.
Stakeholder Impact
- The transactions may be of interest to shareholders as they provide insight into the actions of a key executive.
Key Dates
| Date | Description |
|---|---|
| 03/01/2025 | Acquisition of 48,863 common units |
| 03/03/2025 | Disposal of 3,290 common units |
| 03/03/2025 | Disposal of 3,407 common units |
| 03/03/2025 | Disposal of 3,404 common units |
| 03/04/2025 | Date of signature for the report |
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