Marathon Petroleum (NYSE: MPC) CCO sells 2,847 common shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Marathon Petroleum Chief Commercial Officer Ricky D. Hessling reported open-market sales of 2,847 shares of common stock on March 11–12, 2026, at prices ranging from about $224.51 to $230 per share. After these transactions, he directly holds 9,151 shares, plus a small additional 401(k) plan position. One of the reported prices is a weighted average for multiple trades, and the indirect holding includes a minor amount acquired through dividend reinvestment.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 2,847 shares ($644,401)
Net Sell
5 txns
Insider
Hessling Ricky D.
Role
Chief Commercial Officer
Sold
2,847 shs ($644K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 478 | $228.00 | $109K |
| Sale | Common Stock | 559 | $230.00 | $129K |
| Sale | Common Stock | 1,485 | $224.51 | $333K |
| Sale | Common Stock | 325 | $226.00 | $73K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 9,710 shares (Direct);
Common Stock — 0.274 shares (Indirect, By 401(k) Plan)
Footnotes (1)
- The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $224.51 to $224.52, inclusive. The reporting person undertakes to provide to Marathon Petroleum Corporation, any security holder of Marathon Petroleum Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in footnote 1 to this Form 4. Includes 0.001 shares acquired pursuant to dividend reinvestment and not previously reported pursuant to Rule 16a-11.
FAQ
What insider transaction did MPC executive Ricky D. Hessling report?
Ricky D. Hessling reported selling 2,847 shares of Marathon Petroleum common stock in open-market transactions. The sales occurred on March 11–12, 2026, at prices between about $224.51 and $230 per share, as disclosed in his Form 4 filing.
Does the MPC Form 4 mention dividend reinvestment for Ricky D. Hessling?
Yes. A footnote explains that his indirect 401(k) holdings include 0.001 Marathon Petroleum shares acquired through dividend reinvestment. This tiny amount had not been previously reported and is now included in the disclosed indirect position.