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Planned sale of 5,289 MPC (NYSE: MPC) shares disclosed in Rule 144

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
144

Rhea-AI Filing Summary

A holder of MPC common stock filed a Rule 144 notice to sell 5,289 common shares through Fidelity Brokerage Services LLC on the NYSE, with an aggregate market value of 1,070,071.01. The issuer had 300,602,479 shares outstanding.

The shares to be sold were acquired directly from the issuer as restricted stock vesting compensation on several dates between 2022 and 2024, in amounts such as 1,231, 1,901, 1,231, and 926 shares, with payment made in the form of compensation.

Positive

  • None.

Negative

  • None.

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

FAQ

What does the MPC Form 144 filing disclose?

The Form 144 discloses a planned sale of 5,289 MPC common shares under Rule 144. It specifies the broker, exchange, aggregate market value, shares outstanding, and how the shares were originally acquired as restricted stock vesting compensation.

How many MPC shares are planned for sale under Rule 144?

The filing covers a proposed sale of 5,289 MPC common shares. It also notes that the issuer has 300,602,479 shares outstanding, providing context for the size of the planned sale relative to the company’s total common stock base.

Which broker and exchange are involved in the MPC Rule 144 sale?

The planned sale will be executed through Fidelity Brokerage Services LLC, located in Smithfield, Rhode Island. The shares are listed for sale on the NYSE, indicating that the transaction will occur on a major U.S. stock exchange under standard market conditions.

What is the aggregate market value of MPC shares in this Form 144?

The aggregate market value of the 5,289 MPC common shares to be sold is stated as 1,070,071.01. This figure reflects the total market value of the proposed sale based on the information provided at the time the notice was prepared.

How were the MPC shares being sold under Rule 144 originally acquired?

The shares were acquired through restricted stock vesting directly from the issuer as compensation. The table shows multiple vesting events labeled “Restricted Stock Vesting,” with the nature of payment described as “Compensation,” indicating the shares were part of equity-based remuneration.

Over what period were the MPC restricted stock compensation shares acquired?

The compensation shares were acquired over several dates from 2022 to 2024. Specific acquisition dates listed are 04/01/2022, 03/01/2023, 04/01/2023, and 03/01/2024, reflecting multiple vesting events before the planned Rule 144 sale.
Marathon Pete Corp

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Oil & Gas Refining & Marketing
Petroleum Refining
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