Marathon Petroleum CCO logs stock grant, disposals
Marathon Petroleum’s Chief Commercial Officer Ricky D. Hessling reported several stock transactions.
Rhea-AI Filing Summary
Marathon Petroleum’s Chief Commercial Officer Ricky D. Hessling reported several stock transactions. On March 1, he received a grant of 2,748 shares of common stock, increasing his direct holdings. On March 2, he disposed of shares through tax-withholding transactions and a bona fide gift.
Three tax-withholding dispositions at a price of $206.30 per share covered tax obligations by delivering a total of 786 common shares. He also transferred 2,028 shares as a gift. After these moves, he directly held 11,998 common shares, with a small additional position held indirectly through a 401(k) plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 192 | $206.30 | $40K |
| Exercise Price or Tax Liability | Common Stock | 282 | $206.30 | $58K |
| Exercise Price or Tax Liability | Common Stock | 312 | $206.30 | $64K |
| Gift | Common Stock | 2,028 | $0.00 | $0.00 |
| Grant/Award | Common Stock | 2,748 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
FAQ
What stock transactions did MPC executive Ricky Hessling report on this Form 4?
Was the Marathon Petroleum (MPC) executive’s transaction a stock sale?
What price was used for the MPC tax-withholding stock dispositions?
What does the bona fide gift on the MPC Form 4 mean for the executive’s holdings?
AI-generated analysis. How Rhea-AI works. Not financial advice.