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Marathon Petroleum (NYSE: MPC) officer to sell stock worth $323,960

(Neutral)
(Neutral)
Form Type
144

Rhea-AI Filing Summary

Marathon Petroleum Corp (MPC) has a notice of proposed sale of securities under Rule 144 filed for officer Carl Kristopher Hagedorn. The notice covers 897 shares of common stock to be sold through Fidelity Brokerage Services LLC on the NYSE, with a stated aggregate market value of $323,960.52 as of August 24, 2026. The shares relate to restricted stock vesting from the issuer on March 1, 2026, received as compensation. The form is signed by a duly authorized representative of Fidelity acting as attorney-in-fact for Carl Hagedorn.

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Shares proposed to be sold 897 shares of common stock Amount of Marathon Petroleum Corp common stock covered by the Rule 144 notice
Aggregate market value $323,960.52 Market value of 897 MPC common shares as of August 24, 2026
Planned sale date reference 08/24/2026 Date referenced for the NYSE sale and market value
Acquisition date of restricted stock 03/01/2026 Date of restricted stock vesting from Marathon Petroleum Corp as compensation
Shares from restricted stock vesting 897 shares Number of MPC common shares acquired via restricted stock vesting
Rule 144 regulatory
"See the definition of "person" in paragraph (a) of Rule 144."
Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.
Restricted Stock Vesting financial
"Common | 03/01/2026 | Restricted Stock Vesting | Issuer"
Restricted stock vesting is the timetable and conditions under which shares granted to employees or insiders become fully owned and can be sold, typically requiring continued work or meeting performance goals. It matters to investors because large blocks of shares can become tradable at once, which can change share supply and price, and because vesting aligns insiders’ incentives with the company’s long‑term performance—think of it like a timed unlock that both rewards and locks in key people.
attorney-in-fact regulatory
"as a duly authorized representative of Fidelity ... as attorney-in-fact for Carl Hagedorn"
An attorney-in-fact is the person or entity given legal authority through a power of attorney to act on behalf of another for specific tasks, such as signing documents, voting shares, or handling transactions. For investors, this matters because it lets a trusted representative make timely decisions or complete paperwork when the owner cannot, much like handing keys to someone to run errands on your behalf—so checks on scope and limits of that authority are important.
compensation financial
"897 | 03/01/2026 | Compensation"

FAQ

What does the Form 144 filing for MPC disclose about planned stock sales?

The Form 144 notice discloses a proposed sale of 897 shares of Marathon Petroleum Corp common stock by officer Carl Kristopher Hagedorn through Fidelity Brokerage Services LLC, with an aggregate market value of $323,960.52 based on pricing as of August 24, 2026.

Who is selling Marathon Petroleum Corp (MPC) shares in this Form 144?

The notice is for sales on behalf of Carl Kristopher Hagedorn, identified as an officer of Marathon Petroleum Corp. Fidelity Brokerage Services LLC is listed as the broker, and the form is signed by its representative acting as attorney-in-fact for Hagedorn.

How many MPC shares are covered by this Form 144 and on which market?

The Form 144 covers 897 shares of Marathon Petroleum Corp common stock proposed to be sold on the NYSE. Fidelity Brokerage Services LLC is identified as the brokerage handling the transaction.

What is the indicated value of the MPC shares in the Form 144 filing?

The filing lists an aggregate market value of $323,960.52 for the 897 Marathon Petroleum Corp common shares covered by the notice, using market data as of August 24, 2026.

How were the MPC shares in this Form 144 acquired by the insider?

The shares were acquired through restricted stock vesting from Marathon Petroleum Corp, identified as the issuer, on March 1, 2026. The form characterizes the acquisition as compensation.

What role does Fidelity Brokerage Services LLC play in the MPC Form 144?

Fidelity Brokerage Services LLC is listed as the broker for the 897 MPC common shares to be sold and its representative Daniel Tucci signs the notice as a duly authorized representative and attorney-in-fact for Carl Hagedorn.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates

144: Filer Information

144: Issuer Information

144: Securities Information



Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold


* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.



Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

144: Remarks and Signature