Director at Marathon Petroleum (NYSE: MPC) granted stock award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Marathon Petroleum Corp director Evan Bayh received a new stock grant as part of his 2026 compensation. The Form 4 shows an award of 727.742 shares of Common Stock, bringing his directly held stake to 73,000.886 shares.
Footnotes explain this represents his annual 2026 equity retainer award and note that his holdings include 1,216.56 shares previously acquired through dividend reinvestment and not earlier reported under Rule 16a-11.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Bayh Evan
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 727.742 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 73,000.886 shares (Direct, null)
Footnotes (1)
- Represents the reporting person's annual 2026 equity retainer award. Includes 1,216.56 shares acquired pursuant to dividend reinvestment and not previously reported pursuant to Rule 16a-11.
Key Figures
Equity award shares: 727.742 shares
Total shares after transaction: 73,000.886 shares
Dividend reinvestment shares: 1,216.56 shares
3 metrics
Equity award shares
727.742 shares
Annual 2026 equity retainer award for director
Total shares after transaction
73,000.886 shares
Direct Common Stock holdings after grant
Dividend reinvestment shares
1,216.56 shares
Shares acquired via dividend reinvestment now included in total
Key Terms
annual 2026 equity retainer award, dividend reinvestment, Rule 16a-11, Common Stock
4 terms
annual 2026 equity retainer award financial
"Represents the reporting person's annual 2026 equity retainer award."
dividend reinvestment financial
"Includes 1,216.56 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.
FAQ
What did Marathon Petroleum (MPC) director Evan Bayh report in this Form 4?
Evan Bayh reported receiving a grant of Common Stock as part of his 2026 compensation. He was awarded 727.742 shares, increasing his directly held position to 73,000.886 shares after the transaction, according to the Form 4 filing’s ownership table and footnotes.
Is Evan Bayh’s Marathon Petroleum (MPC) transaction a market purchase or a compensation grant?
The transaction is a compensation grant, not a market purchase. The filing labels it as a grant, award, or other acquisition, and a footnote states it represents the reporting person’s annual 2026 equity retainer award as a director of Marathon Petroleum Corp.
What does the footnote about dividend reinvestment in Evan Bayh’s Marathon Petroleum (MPC) filing mean?
A footnote explains that his reported holdings include 1,216.56 shares acquired through dividend reinvestment. These dividend-based shares were not previously reported under Rule 16a-11, so the Form 4 clarifies that they are now included in his total direct share count.