MPLX (MPLX) director awarded 218.103 common units in Form 4 filing
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Breves Christine S reported acquisition or exercise transactions in this Form 4 filing.
MPLX LP director Christine S. Breves received an award of 218.103 Common Units (Limited Partner Interests) on February 17, 2026. The award was recorded at a price of $0.0000 per unit, indicating it was a grant rather than an open-market purchase. Following this grant, her directly owned holdings increased to 11,837.457 common units.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Breves Christine S
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Units (Limited Partner Interests) | 218.103 | $0.00 | -- |
Holdings After Transaction:
Common Units (Limited Partner Interests) — 11,837.457 shares (Direct)
Footnotes (1)
FAQ
What insider transaction did MPLX director Christine S. Breves report?
Christine S. Breves reported receiving a grant of 218.103 MPLX common units. The transaction was coded as a grant, award, or other acquisition, increasing her directly held position in MPLX LP common units.
How many MPLX units does Christine S. Breves own after this Form 4 transaction?
After the reported transaction, Christine S. Breves directly owns 11,837.457 MPLX common units. This total reflects the addition of 218.103 units from the grant reported in the Form 4 filing.
Was the MPLX Form 4 transaction by Christine S. Breves a market purchase or a grant?
The transaction was a grant or award, not a market purchase. It is coded as a grant, award, or other acquisition with a transaction price of $0.0000 per unit, indicating no cash consideration was paid.
What type of security did Christine S. Breves acquire in the MPLX Form 4?
She acquired MPLX LP "Common Units (Limited Partner Interests)." These units are reported as non-derivative securities, meaning they represent direct ownership interests rather than options, warrants, or other derivative instruments.
Is Christine S. Breves’ ownership in MPLX reported as direct or indirect?
Her MPLX ownership in this filing is reported as direct. The Form 4 lists the nature of ownership as direct, and the transaction adds to her directly held common units in MPLX LP.