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Marathon Petroleum (MPC) director awarded 727.742 common shares

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
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 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)
  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.
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
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"
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*
Rucker Kim K.W.

(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$019,955.346(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 283.333 shares acquired pursuant to dividend reinvestment and not previously reported pursuant to Rule 16a-11.
/s/ Molly R. Benson, Attorney-in-Fact for Kim K.W. Rucker05/04/2026
** 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)

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.

Was the Kim K.W. Rucker share transaction in MPC stock a market purchase or sale?

The transaction was not a market purchase or sale. It was a Form 4 code "A" grant, meaning shares were awarded as compensation, with 727.742 Marathon Petroleum common shares granted at no stated cash price per share.

How many Marathon Petroleum (MPC) shares does Kim K.W. Rucker hold after this Form 4?

After the April 30, 2026 equity grant and the inclusion of previously unreported dividend reinvestment shares, Kim K.W. Rucker directly holds 19,955.346 Marathon Petroleum common shares, as disclosed in the Form 4 total shares following the transaction.

What is the purpose of the 727.742-share award to Kim K.W. Rucker at MPC?

The 727.742-share award represents Kim K.W. Rucker’s annual 2026 equity retainer as a director of Marathon Petroleum. This type of grant compensates board service using company stock rather than cash, aligning director interests with shareholder value.

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.