Form 4: MPLX LP Executive VP Carl Hagedorn Reports Changes in Beneficial Ownership

Carl Kristopher Hagedorn, Executive VP & Chief Financial Officer of MPLX LP, reports acquisition and disposal of common units.

Summary

• On March 1, 2025, Carl Kristopher Hagedorn acquired 4,510 common units of MPLX LP.
• On March 3, 2025, Hagedorn disposed of 448 common units at a price of $54.34.
• Additionally, on March 3, 2025, Hagedorn disposed of 422 common units at a price of $54.34.
• Also on March 3, 2025, Hagedorn disposed of 910 common units at a price of $54.34.
• Following these transactions, Hagedorn beneficially owns 17,480 common units.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing reporting changes in beneficial ownership, indicating a neutral sentiment.

Management Comments

• The Reporting Person is a Director and Executive Vice President and Chief Financial Officer of MPLX GP LLC, the general partner of the Issuer.
• The Issuer is managed by the directors and executive officers of MPLX GP LLC.

Industry Context

This filing is a routine disclosure of stock transactions by a company executive, which is a common practice in publicly traded companies to ensure transparency and compliance with securities regulations.

Stakeholder Impact

• The filing provides transparency to shareholders regarding the transactions of company executives.

Key Dates