Marathon Petroleum (NYSE: MPC) officer plans $206,790 stock sale
Rhea-AI Filing Summary
Marathon Petroleum Corp (MPC) received a notice that Erin M. Brzezinski intends to sell 570 shares of Marathon Petroleum common stock under Rule 144 through Fidelity Brokerage Services LLC on or after 08/27/2026 on the NYSE. The shares derive from restricted stock vesting awards of 373 shares on 03/01/2024 and 197 shares on 03/01/2025 received as compensation.
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Negative
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Key Figures
Shares proposed to be sold: 570 shares of common stock
Aggregate market value: $206,790.30
Shares from 03/01/2024 restricted stock vesting: 373 shares
+2 more
5 metrics
Shares proposed to be sold
570 shares of common stock
Planned sale under Rule 144 through Fidelity Brokerage Services LLC
Aggregate market value
$206,790.30
Value associated with 570 shares of Marathon Petroleum Corp common stock
Shares from 03/01/2024 restricted stock vesting
373 shares
Restricted stock vesting on 03/01/2024 described as compensation from issuer
Shares from 03/01/2025 restricted stock vesting
197 shares
Restricted stock vesting on 03/01/2025 described as compensation from issuer
Proposed sale date
08/27/2026
Planned sale date for 570 shares on the NYSE
Key Terms
Rule 144, Restricted Stock Vesting, attorney-in-fact
3 terms
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 | 03/01/2024 | 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 attorney-in-fact for Erin Brzezinski"
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.
FAQ
What does the Form 144 filing for MPC disclose about Erin M. Brzezinski?
It discloses that Erin M. Brzezinski plans to sell 570 shares of Marathon Petroleum Corp common stock under Rule 144 through Fidelity Brokerage Services LLC. The filing identifies her as an officer of Marathon Petroleum Corp.
AI-generated analysis. How Rhea-AI works. Not financial advice.