Marathon Petroleum (MPC) awards 2026 equity retainer shares to director
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Marathon Petroleum director Abdulaziz Fahd Al Khayyal reported an equity grant of company stock.
On April 30, 2026, he received 727.742 shares of Marathon Petroleum common stock as his annual 2026 equity retainer award, at no cash cost. Following this grant and prior dividend reinvestment, he now directly holds 25,951.017 shares, including 509.957 shares acquired through dividend reinvestment that had not been previously reported under Rule 16a-11.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Al Khayyal Abdulaziz Fahd
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 727.742 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 25,951.017 shares (Direct, null)
Footnotes (1)
- Represents the reporting person's annual 2026 equity retainer award. Includes 509.957 shares acquired pursuant to dividend reinvestment and not previously reported pursuant to Rule 16a-11.
Key Figures
Equity retainer award: 727.742 shares
Shares held after transaction: 25,951.017 shares
Dividend reinvestment shares: 509.957 shares
+1 more
4 metrics
Equity retainer award
727.742 shares
Annual 2026 director equity retainer granted on April 30, 2026
Shares held after transaction
25,951.017 shares
Direct Marathon Petroleum common stock holdings following the award
Dividend reinvestment shares
509.957 shares
Shares acquired through dividend reinvestment and newly reported
Grant price per share
$0.0000 per share
Compensation grant with no cash paid by the director
Key Terms
equity retainer award, dividend reinvestment, Rule 16a-11, grant, award, or other acquisition
4 terms
equity retainer award financial
"Represents the reporting person's annual 2026 equity retainer award."
dividend reinvestment financial
"Includes 509.957 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."
grant, award, or other acquisition financial
"transaction code description: Grant, award, or other acquisition"
FAQ
What insider transaction did Marathon Petroleum (MPC) director Abdulaziz Fahd Al Khayyal report?
He reported receiving an equity grant of Marathon Petroleum common stock. On April 30, 2026, he was awarded 727.742 shares as his annual 2026 equity retainer, a standard form of director compensation rather than an open-market stock purchase or sale.
What does the dividend reinvestment disclosure mean in the Marathon Petroleum (MPC) Form 4?
The filing notes that 509.957 shares were acquired through dividend reinvestment and not previously reported under Rule 16a-11. This means cash dividends on existing holdings were automatically reinvested into additional Marathon Petroleum shares, increasing his direct ownership position over time.
Why is the transaction price listed as 0.0000 for the Marathon Petroleum (MPC) equity award?
The transaction price of 0.0000 reflects that the shares were granted as compensation, not purchased. Abdulaziz Fahd Al Khayyal received 727.742 shares as his 2026 equity retainer award, so no cash changed hands, even though the shares add to his ownership stake in Marathon Petroleum.