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Marathon Petroleum (MPC) director granted 727.742-share 2026 equity award

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Ellison-Taylor Kimberly N reported acquisition or exercise transactions in this Form 4 filing.

Marathon Petroleum Corp director Kimberly N. Ellison-Taylor received an annual 2026 equity retainer award of 727.742 shares of Common Stock, recorded at a price of $0.00 per share. Following this grant and prior dividend reinvestments, she directly holds a total of 3,203.195 shares.

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Insider Ellison-Taylor Kimberly N
Role null
Type Security Shares Price Value
Grant/Award Common Stock 727.742 $0.00 --
Holdings After Transaction: Common Stock — 3,203.195 shares (Direct, null)
Footnotes (1)
  1. Represents the reporting person's annual 2026 equity retainer award. Includes 50.047 shares acquired pursuant to dividend reinvestment and not previously reported pursuant to Rule 16a-11.
Equity retainer award 727.742 shares Annual 2026 equity retainer award of Common Stock
Grant price $0.00 per share Reported transaction price for 727.742-share award
Total shares after transaction 3,203.195 shares Director’s directly held Common Stock following the award
Dividend reinvestment shares 50.047 shares Shares acquired via dividend reinvestment under Rule 16a-11
annual 2026 equity retainer award financial
"Represents the reporting person's annual 2026 equity retainer award."
dividend reinvestment financial
"Includes 50.047 shares acquired pursuant to dividend reinvestment and not previously reported"
Dividend reinvestment is when the money earned from a company's profit sharing, called dividends, is automatically used to buy more shares of that company instead of being received as cash. This process helps investors grow their holdings over time without extra effort, much like using earned interest to buy more of a savings account. It encourages long-term investment growth by continuously increasing the amount of shares owned.
Rule 16a-11 regulatory
"not previously reported pursuant to Rule 16a-11."
Common Stock financial
"security_title: "Common Stock""
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Ellison-Taylor Kimberly N

(Last)(First)(Middle)
C/O MARATHON PETROLEUM CORPORATION
539 S. MAIN STREET

(Street)
FINDLAY OHIO 45840

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Marathon Petroleum Corp [ MPC ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
04/30/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock04/30/2026A727.742(1)A$03,203.195(2)D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Represents the reporting person's annual 2026 equity retainer award.
2. Includes 50.047 shares acquired pursuant to dividend reinvestment and not previously reported pursuant to Rule 16a-11.
/s/ Molly R. Benson, Attorney-in-Fact for Kimberly N. Ellison-Taylor05/04/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What did Marathon Petroleum (MPC) disclose in Kimberly Ellison-Taylor’s latest Form 4?

Marathon Petroleum reported that director Kimberly N. Ellison-Taylor received an annual 2026 equity retainer award of 727.742 Common Stock shares at $0.00 per share, increasing her directly held Marathon Petroleum shares to a total of 3,203.195 after the transaction.

How many Marathon Petroleum (MPC) shares did Kimberly Ellison-Taylor acquire?

Kimberly N. Ellison-Taylor acquired 727.742 shares of Marathon Petroleum Common Stock as part of her 2026 equity retainer award. This acquisition was reported with a transaction price of $0.00 per share, reflecting a stock-based compensation grant rather than an open-market purchase.

What are Kimberly Ellison-Taylor’s total Marathon Petroleum (MPC) holdings after the grant?

After the reported grant, Kimberly N. Ellison-Taylor directly holds 3,203.195 shares of Marathon Petroleum Common Stock. This total includes the new 727.742-share 2026 equity retainer award and 50.047 shares previously acquired through dividend reinvestment under Rule 16a-11.

What is the nature of the Marathon Petroleum (MPC) shares granted to Kimberly Ellison-Taylor?

The filing describes the 727.742 shares as Kimberly N. Ellison-Taylor’s annual 2026 equity retainer award. These shares are a stock-based compensation grant to a director, reported at a transaction price of $0.00 per share rather than a cash purchase on the open market.

How were some of Kimberly Ellison-Taylor’s Marathon Petroleum (MPC) shares obtained before this award?

The filing notes that 50.047 of Kimberly N. Ellison-Taylor’s Marathon Petroleum shares were acquired through dividend reinvestment and had not been previously reported under Rule 16a-11. These dividend reinvestment shares are included in her current directly held total of 3,203.195 shares.