[144] MARATHON PETROLEUM CORPORATION SEC Filing
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.
- 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
- 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.