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[144] MARATHON PETROLEUM CORPORATION SEC Filing

Filing Impact
(Low)
Filing Sentiment
(Neutral)
Form Type
144
Rhea-AI Filing Summary

Form 144 filed for Marathon Petroleum Corporation (MPC) discloses a proposed sale of 10,879 shares of common stock through Fidelity Brokerage Services with an aggregate market value of $1,773,277.00. The filing lists approximately 304,020,309 shares outstanding and an approximate sale date of 08/15/2025 on the NYSE.

The securities were acquired via an option (granted 03/01/2019) and are reported as being paid for in cash on 08/15/2025. The filer reports no securities sold in the past three months and includes the standard representation that the seller does not possess undisclosed material adverse information.

Positive
  • Full Rule 144 disclosure provided including broker, acquisition details, quantity, and aggregate value
  • Seller attests to absence of undisclosed material adverse information and references Rule 10b5-1 language
Negative
  • Insider intends to sell shares (10,879 shares, $1,773,277), which may be viewed negatively by some investors
  • Filing lacks identifying filer CIK and contact details in the provided content

Insights

TL;DR: Routine insider notice of proposed sale; size is small relative to outstanding shares but not insignificant in dollar terms.

The Form 144 documents an intended sale of 10,879 shares valued at $1.77 million scheduled for 08/15/2025, executed through Fidelity Brokerage Services. The shares were acquired via an option granted on 03/01/2019 and are to be paid in cash. No sales in the prior three months are reported. For investors, this is a required disclosure of an insider transaction rather than an operational development; it signals liquidity action by a person with previously granted options.

TL;DR: Compliance-focused filing meets Rule 144 requirements; includes standard representations and trading-plan language.

The filing contains the customary attestations about lack of undisclosed material information and references Rule 10b5-1 plan adoption language. It names the broker (Fidelity Brokerage Services) and specifies acquisition details (option granted 03/01/2019) and payment method (cash). This is consistent with routine insider disclosure and does not on its face indicate governance events such as resignations or litigation.

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

Marathon Pete Corp

NYSE:MPC

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MPC Stock Data

60.00B
299.76M
0.27%
77.6%
2.67%
Oil & Gas Refining & Marketing
Petroleum Refining
Link
United States
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