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Marathon Petroleum (MPC) director granted 727-share 2026 equity retainer

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

Rhea-AI Filing Summary

Marathon Petroleum Corp director J. Michael Stice received an annual 2026 equity retainer award in the form of company common stock. The grant covered 727.742 shares at a stated price of $0.0000 per share, reflecting a stock-based compensation award rather than a market purchase.

Following this award and prior dividend reinvestment activity, Stice now directly holds a total of 24,721.254 Marathon Petroleum common shares, which includes 485.093 shares acquired through dividend reinvestment that had not been previously reported under Rule 16a-11.

Positive

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Negative

  • None.
Insider STICE J MICHAEL
Role null
Type Security Shares Price Value
Grant/Award Common Stock 727.742 $0.00 --
Holdings After Transaction: Common Stock — 24,721.254 shares (Direct, null)
Footnotes (1)
  1. Represents the reporting person's annual 2026 equity retainer award. Includes 485.093 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 to director J. Michael Stice
Grant price $0.0000 per share Stated transaction price for equity retainer award shares
Total direct holdings 24,721.254 shares Common stock directly held by J. Michael Stice after transaction
Dividend reinvestment shares 485.093 shares Shares acquired via dividend reinvestment and now reported
annual 2026 equity retainer award financial
"Represents the reporting person's annual 2026 equity retainer award."
dividend reinvestment financial
"Includes 485.093 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
"Includes 485.093 shares acquired pursuant to dividend reinvestment and not previously reported pursuant to Rule 16a-11."
Grant, award, or other acquisition regulatory
"Transaction code A is described as Grant, award, or other acquisition."
Form 4 Insider Transactions: What Each Field Means →
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*
STICE J MICHAEL
(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$024,721.254(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 485.093 shares acquired pursuant to dividend reinvestment and not previously reported pursuant to Rule 16a-11.
/s/ Molly R. Benson, Attorney-in-Fact for J. Michael Stice05/04/2026
** 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)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did Marathon Petroleum (MPC) director J. Michael Stice report?

Director J. Michael Stice reported receiving an equity retainer award for 2026 in Marathon Petroleum common stock. The award was granted as 727.742 shares at a stated price of $0.0000 per share, indicating stock-based compensation rather than an open-market purchase or sale.

How many Marathon Petroleum (MPC) shares were granted to J. Michael Stice in this Form 4?

The filing shows J. Michael Stice was granted 727.742 shares of Marathon Petroleum common stock. These shares represent his annual 2026 equity retainer award as a director, with the transaction coded as a grant, award, or other acquisition under SEC reporting rules.

What are J. Michael Stice’s total Marathon Petroleum (MPC) holdings after the reported grant?

After the grant, J. Michael Stice directly holds 24,721.254 shares of Marathon Petroleum common stock. This total includes the newly granted 727.742 shares and 485.093 shares previously acquired through dividend reinvestment and now reported in this Form 4.

Did J. Michael Stice pay cash for the Marathon Petroleum (MPC) shares reported in this Form 4?

No cash outlay is indicated for this transaction. The Form 4 lists a transaction price of $0.0000 per share for the 727.742 shares, consistent with an equity retainer award granted as stock-based compensation rather than a cash-funded open-market purchase.

What does the dividend reinvestment disclosure mean in J. Michael Stice’s Marathon Petroleum (MPC) filing?

The footnote explains that 485.093 shares were acquired via dividend reinvestment and had not been previously reported under Rule 16a-11. These reinvested shares are now included in Stice’s total direct holdings of 24,721.254 Marathon Petroleum common shares.