Form 4: MPLX LP Executive Molly R. Benson Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Molly R. Benson, Chief Legal Officer & Corporate Secretary of MPLX LP, reports acquisition and disposal of common units.
Summary
- On March 1, 2025, Molly R. Benson acquired 7,517 common units of MPLX LP.
- On March 3, 2025, Benson disposed of 580 common units at a price of $54.34.
- On March 3, 2025, Benson disposed of 625 common units at a price of $54.34.
- On March 3, 2025, Benson disposed of 1,262 common units at a price of $54.34.
- Following these transactions, Benson beneficially owns 40,469 common units.
Sentiment
Score: 5
Explanation: This is a neutral report on stock transactions by an officer; it doesn't inherently indicate 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 for publicly traded companies.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in ownership by a company executive.
Key Dates
| Date | Description |
|---|---|
| 03/01/2025 | Acquisition of 7,517 common units |
| 03/03/2025 | Disposal of 580 common units at $54.34 |
| 03/03/2025 | Disposal of 625 common units at $54.34 |
| 03/03/2025 | Disposal of 1,262 common units at $54.34 |
| 03/04/2025 | Signature date of the report |
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