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Hennigan files Rule 144 notice to sell 25,000 shares (NYSE: MPC)

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

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.

Positive

  • None.

Negative

  • None.

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.

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 Michael J. Hennigan's Form 144 for MPC report?

The filing reports a proposed sale of 25,000 common shares by Michael J. Hennigan with an aggregate amount of $5,067,712.00 and a trade date of 02/06/2026. It is a procedural resale notice under Rule 144.

Does the Form 144 confirm the shares were sold for MPC?

No; the Form 144 is a notice of an intended resale and does not confirm execution. The excerpt shows a proposed sale date of 02/06/2026, but execution details or settlement confirmation are not included in the provided content.

Are proceeds going to MPC or to the selling holder in this Form 144?

The excerpt indicates the sale is offered by the selling holder; it lists an aggregate amount of $5,067,712.00. The filing does not state that proceeds are received by the issuer, indicating resale treatment by the holder.

What other share entries appear in the filing for MPC?

The filing lists prior issuer-related vesting entries: 10,800, 4,602, 4,388, and 5,210 shares tied to open-market purchase and restricted stock vesting on various dates, shown as context in the excerpt.

Where can I find confirmation if the MPC shares were actually sold?

Confirmation typically appears in subsequent SEC filings (Form 4, Form 144 amendment) or broker/dealer reports. The provided excerpt does not include execution or settlement confirmation; later filings would show completed transactions if any.
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