Hennigan files Rule 144 to sell 25,000 MPC shares
Michael J. Hennigan filed a Rule 144 notice to sell 25,000 shares of common stock.
Sentiment and the balance of points
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Rhea-AI Filing Summary
Michael J. Hennigan filed a Rule 144 notice to sell 25,000 shares of common stock. The filing lists an aggregate price of $5,067,712.00 associated with the sale and records the trade date as 02/06/2026. The submission shows prior issuer awards and vesting entries for smaller share amounts as context.
Insights
Routine Rule 144 sale notice by an individual holder; transaction size is explicit.
The filing is a Rule 144 notice listing a proposed sale of 25,000 common shares with an aggregate figure of $5,067,712.00 and a trade date of 02/06/2026. Rule 144 notices are procedural disclosures of an intended resale by an affiliate or restricted-holder.
The practical effect depends on whether the shares are sold and under what market method; timing and distribution method are not shown in the excerpt. Subsequent trade reports or Form 4/Form 144 amendments would confirm execution details.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What does Michael J. Hennigan's Form 144 for MPC report?
Are proceeds going to MPC or to the selling holder in this Form 144?
AI-generated analysis. How Rhea-AI works. Not financial advice.