Form 4: MPLX LP Executive Shawn M. Lyon Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Shawn M. Lyon, Senior VP of Logistics & Storage at MPLX LP, reports acquisition and disposal of common units.
Summary
- On March 1, 2024, Shawn M. Lyon, Senior VP of Logistics & Storage at MPLX LP, reported changes in beneficial ownership of MPLX LP common units.
- A total of 936 common units were disposed of at a price of $38.87.
- Additionally, 7,784 common units were acquired at a price of $0.
- Following these transactions, Lyon beneficially owns 17,590 common units.
Sentiment
Score: 5
Explanation: Neutral sentiment as it's a standard reporting of transactions.
Positives
- The acquisition of 7,784 common units at $0 suggests a grant or compensation.
Industry Context
Form 4 filings are standard practice for company insiders to report changes in their holdings, providing transparency to investors.
Stakeholder Impact
- The filing provides transparency to shareholders regarding insider transactions.
Key Dates
| Date | Description |
|---|---|
| 03/01/2024 | Date of transaction: disposal of 936 common units and acquisition of 7,784 common units |
| 03/05/2024 | Date of signature for the report |
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