Marathon Petroleum Corp’s Chief Commercial Officer, Ricky D. Hessling, reported an insider stock transaction dated December 12, 2025. The filing shows a disposition of 98 shares of Marathon Petroleum common stock at a price of $185.77 per share, coded as transaction type “F.”
After this transaction, Hessling directly beneficially owned 12,064 shares of Marathon Petroleum common stock. He also indirectly held 0.273 shares through a 401(k) plan, an amount that includes 0.004 shares previously acquired through dividend reinvestment.
Marathon Petroleum Corp officer Michael A. Henschen II, Executive Vice President, Refining, reported an insider transaction in company stock. On December 12, 2025, he disposed of 160 shares of Marathon Petroleum common stock at a price of $185.77 per share. After this transaction, he beneficially owned 22,263 shares of Marathon Petroleum common stock, held in direct ownership.
Marathon Petroleum Corp reported an insider stock transaction by its Executive Chairman and Director, Michael J. Hennigan. On 12/12/2025, he disposed of 466 shares of common stock in a transaction coded "F" at a price of $185.77 per share. Following this transaction, he directly beneficially owned 220,902 shares of Marathon Petroleum common stock.
Marathon Petroleum Corp officer Gregory S. Floerke reported an insider transaction and updated his share holdings. On 12/12/2025, a Form 4 entry in Table I shows a disposition of 85 shares of common stock in a transaction coded “F” at a price of $185.77 per share. After this transaction, he beneficially owned 30,108 common shares directly.
The filing also reports indirect ownership of 726.235 common shares held through a 401(k) plan. According to the footnote, this indirect amount includes contributions and administrative fees totaling 32.973 shares that had not been reported previously, and 15.822 shares acquired through dividend reinvestment that had also not been reported previously. Floerke is identified as Executive Vice President and Chief Operating Officer of MPLX GP LLC, a subsidiary of Marathon Petroleum.
Marathon Petroleum Corp officer Molly R. Benson reported an insider stock transaction involving company common shares. On 12/12/2025, a transaction coded “F” under SEC rules disposed of 107 shares at $185.77 each. After this activity, she beneficially owns 28,593.155 Marathon Petroleum common shares directly and 87.619 shares indirectly through a 401(k) plan. The filing notes that these totals include small fractional shares added earlier through dividend reinvestment.
Marathon Petroleum (MPC) announced a leadership transition. The Board elected Maryann T. Mannen, its President and CEO, as Chairman of the Board, effective January 1, 2026. She will hold both roles.
Michael J. Hennigan notified the company of his retirement as Executive Chairman and as a director effective the same date. Following his retirement, the Board size will be set at 11 directors.
The filing notes the company’s prior mandatory retirement policy for executive officers had been waived for Mr. Hennigan upon his election as Executive Chairman effective August 1, 2024, and that the policy has since been rescinded. The company issued a press release on November 4, 2025 announcing these changes.
Marathon Petroleum (MPC) reported Q3 2025 results. Sales and other operating revenues were $34.809 billion versus $35.107 billion a year ago. Income from operations was $2.713 billion. Net income attributable to MPC rose to $1.370 billion (diluted EPS $4.51) from $622 million (EPS $1.87) in Q3 2024.
Segment adjusted EBITDA totaled $3.415 billion, including Refining & Marketing $1.762 billion, Midstream $1.709 billion, and Renewable Diesel $(56) million. Long‑term debt was $31.232 billion at September 30, 2025, up from $24.432 billion at year‑end.
MPLX closed the $2.4 billion Northwind Midstream acquisition and purchased the remaining 55% of BANGL for $703 million plus up to $275 million in contingent consideration, recognizing a $484 million gain on the previously held stake. MPLX also agreed to divest Rockies gathering and processing for $1.0 billion, with an estimated gain in excess of $150 million at closing. MPC repurchased 3 million shares for $650 million in Q3 and had $5.38 billion remaining under share repurchase authorizations.
Marathon Petroleum (MPC) furnished an 8‑K announcing its financial results for the quarter ended September 30, 2025. The company issued a press release, provided as Exhibit 99.1, and designated the disclosure under Item 2.02 as furnished rather than filed under the Exchange Act.
Molly R. Benson, Chief Legal Officer and Corporate Secretary of Marathon Petroleum Corporation (MPC), reported Option exercises and share sales on Form 4. On 08/15/2025 she exercised 10,879 employee stock options at an exercise price of $62.68 and acquired 10,879 shares. The same day she sold 10,879 shares at $163 under a Rule 10b5-1 plan adopted May 14, 2025. Following the transactions the reporting person directly owned 28,699.942 shares and indirectly owned 86.721 shares through a 401(k) plan. The filing discloses small dividend reinvestment amounts of 0.250278 and 1.04 shares not previously reported. The Form 4 was signed by an attorney-in-fact on 08/19/2025.
Form 144 filed for Marathon Petroleum Corporation (MPC) discloses a proposed sale of 10,879 shares of common stock through Fidelity Brokerage Services with an aggregate market value of $1,773,277.00. The filing lists approximately 304,020,309 shares outstanding and an approximate sale date of 08/15/2025 on the NYSE.
The securities were acquired via an option (granted 03/01/2019) and are reported as being paid for in cash on 08/15/2025. The filer reports no securities sold in the past three months and includes the standard representation that the seller does not possess undisclosed material adverse information.