Marathon Petroleum (MPC) director awarded 727.742 common shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Rucker Kim K.W. reported acquisition or exercise transactions in this Form 4 filing.
Marathon Petroleum Corp director Kim K.W. Rucker received an equity award of 727.742 shares of Common Stock on April 30, 2026. The shares were granted at no cash cost as the director’s annual 2026 equity retainer award. After this grant and previously unreported dividend reinvestment, Rucker directly holds 19,955.346 common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Rucker Kim K.W.
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 727.742 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 19,955.346 shares (Direct, null)
Footnotes (1)
- Represents the reporting person's annual 2026 equity retainer award. Includes 283.333 shares acquired pursuant to dividend reinvestment and not previously reported pursuant to Rule 16a-11.
Key Figures
Equity grant: 727.742 shares
Post-transaction holdings: 19,955.346 shares
Dividend reinvestment shares: 283.333 shares
3 metrics
Equity grant
727.742 shares
Annual 2026 equity retainer award granted April 30, 2026
Post-transaction holdings
19,955.346 shares
Common Stock directly held after the award
Dividend reinvestment shares
283.333 shares
Shares acquired via dividend reinvestment, now included in holdings
Key Terms
Form 4, equity retainer award, dividend reinvestment, Grant, award, or other acquisition
4 terms
Form 4 regulatory
"According to the Form 4 filing, Rucker directly holds 19,955.346 common shares"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
equity retainer award financial
"Represents the reporting person's annual 2026 equity retainer award"
dividend reinvestment financial
"Includes 283.333 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.
Grant, award, or other acquisition regulatory
"transaction_code_description: Grant, award, or other acquisition"
FAQ
What insider transaction did Marathon Petroleum (MPC) report for Kim K.W. Rucker?
Marathon Petroleum reported that director Kim K.W. Rucker received a grant of 727.742 shares of Common Stock as her annual 2026 equity retainer award, increasing her directly held position to 19,955.346 shares according to the Form 4 filing.
What does the dividend reinvestment footnote mean in the MPC Form 4 for Kim K.W. Rucker?
The filing notes that Rucker’s holdings include 283.333 shares acquired through dividend reinvestment that were not previously reported. This indicates some dividends on existing shares were automatically reinvested into additional Marathon Petroleum shares, modestly increasing her direct ownership.