Form 4: MPLX LP Executive Chairman Michael Hennigan Reports Changes in Beneficial Ownership
SEC Form 4
Michael Hennigan, Executive Chairman of MPLX LP, reports acquisition and disposal of common units, resulting in an adjusted beneficial ownership.
Summary
- On March 1, 2025, Michael Hennigan acquired 33,377 common units of MPLX LP.
- On March 3, 2025, Hennigan disposed of 9,862 common units at a price of $54.34.
- On March 3, 2025, Hennigan disposed of 10,181 common units at a price of $54.34.
- On March 3, 2025, Hennigan disposed of 10,111 common units at a price of $54.34.
- Following these transactions, Hennigan's direct ownership stands at 360,472 common units.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing changes in ownership, with no inherent positive or negative sentiment.
Industry Context
This filing is a routine disclosure related to changes in beneficial ownership by a company executive, which is a common practice in publicly traded companies.
Key Dates
| Date | Description |
|---|---|
| 03/01/2025 | Acquisition of 33,377 common units. |
| 03/03/2025 | Disposal of 9,862 common units at $54.34. |
| 03/03/2025 | Disposal of 10,181 common units at $54.34. |
| 03/03/2025 | Disposal of 10,111 common units at $54.34. |
| 03/04/2025 | Date of signature for the report. |
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