Marathon Petroleum (MPC) CCO Ricky Hessling sells 1,000 shares in open market
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Marathon Petroleum Corp Chief Commercial Officer Ricky D. Hessling reported an open-market sale of 1,000 shares of common stock at $250.00 per share on May 13, 2026. After this sale, he directly holds 6,525 shares of common stock and indirectly holds 0.274 share through a 401(k) Plan. The filing shows no derivative securities positions in this excerpt, indicating only common stock holdings are reported here.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 1,000 shares ($250,000)
Net Sell
2 txns
Insider
Hessling Ricky D.
Role
Chief Commercial Officer
Sold
1,000 shs ($250K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 1,000 | $250.00 | $250K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 6,525 shares (Direct, null);
Common Stock — 0.274 shares (Indirect, By 401(k) Plan)
Footnotes (1)
Key Figures
Shares sold: 1,000 shares
Sale price per share: $250.00 per share
Direct holdings after sale: 6,525 shares
+2 more
5 metrics
Shares sold
1,000 shares
Open-market sale on May 13, 2026
Sale price per share
$250.00 per share
Common stock transaction price
Direct holdings after sale
6,525 shares
Common stock directly owned post-transaction
Indirect 401(k) holdings
0.274 share
Common stock held via 401(k) Plan
Net shares sold
1,000 shares
Net-sell direction in transaction summary
Key Terms
open-market sale, Common Stock, 401(k) Plan, indirect ownership
4 terms
open-market sale financial
"reported an open-market sale of 1,000 shares of common stock"
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
Common Stock financial
"reported an open-market sale of 1,000 shares of 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.
401(k) Plan financial
"indirectly holds 0.274 share through a 401(k) Plan"
A 401(k) plan is a workplace retirement account that lets employees set aside part of their pay into a tax-advantaged savings pot, often with employers adding matching contributions — like a workplace piggy bank for future income. It matters to investors because the amount people save and how employers fund these plans influence consumer spending, corporate payroll costs and the flow of money into financial markets, which can affect stock prices and company valuations.
indirect ownership financial
"0.274 share held indirectly through a 401(k) Plan"
FAQ
What insider transaction did Marathon Petroleum (MPC) executive Ricky D. Hessling report?
Ricky D. Hessling reported selling 1,000 shares of Marathon Petroleum common stock. The transaction was an open-market sale at $250.00 per share, recorded on May 13, 2026, and disclosed in a Form 4 insider trading report.
What was the sale price in Ricky D. Hessling’s Marathon Petroleum (MPC) Form 4 trade?
The reported open-market sale of Marathon Petroleum common stock by Ricky D. Hessling was executed at $250.00 per share. This unit price applies to the 1,000 shares sold according to the Form 4 transaction details for May 13, 2026.
Does Ricky D. Hessling’s Marathon Petroleum (MPC) Form 4 include derivative securities?
The Form 4 excerpt shows no derivative securities for Ricky D. Hessling. The derivative section is empty, indicating that only non-derivative common stock holdings and transactions are reported in this filing snapshot for Marathon Petroleum.
How is indirect ownership reported for Ricky D. Hessling in Marathon Petroleum (MPC)?
Ricky D. Hessling’s Form 4 shows 0.274 share of Marathon Petroleum common stock held indirectly. This indirect ownership is reported as being held "By 401(k) Plan," reflecting a retirement-plan position rather than a directly held brokerage account.