Marathon Petroleum exec reports stock grant, tax share use
Marathon Petroleum Corp executive Gregory Scott Floerke reported multiple equity transactions in company common stock.
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Rhea-AI Filing Summary
Marathon Petroleum Corp executive Gregory Scott Floerke reported multiple equity transactions in company common stock. On March 1, he acquired 1,730 shares through a grant or award at $0 per share, increasing his direct holdings. On March 2, he disposed of a total of 807 shares at $206.30 per share to cover tax liabilities by delivering shares. After these transactions, his direct ownership totaled 31,031 shares, with an additional 737.499 shares held indirectly through a 401(k) plan, reflecting small administrative and contribution adjustments noted in the footnote.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 278 | $206.30 | $57K |
| Exercise Price or Tax Liability | Common Stock | 251 | $206.30 | $52K |
| Exercise Price or Tax Liability | Common Stock | 278 | $206.30 | $57K |
| Grant/Award | Common Stock | 1,730 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- F1. Reflects the deduction of an administrative fee in the amount of .004 shares and contributions in the amount of 11.268 shares not previously reported pursuant to Rule 16a3(f)(1)(i)(B).
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did Gregory Scott Floerke report at Marathon Petroleum (MPC)?
Were any of Floerke’s Marathon Petroleum (MPC) transactions open-market sales?
What does the Form 4 footnote about the 401(k) holdings in Marathon Petroleum (MPC) explain?
AI-generated analysis. How Rhea-AI works. Not financial advice.