MPLX LP (MPLX) director granted 2,579-unit 2026 equity retainer
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
SURMA JOHN P reported acquisition or exercise transactions in this Form 4 filing.
MPLX LP director John P. Surma received an equity grant of 2,579.543 Common Units (limited partner interests) as his annual 2026 equity retainer award. The award was recorded at a price of $0.00 per unit, indicating it was compensation rather than a market purchase.
Following this grant, Surma directly holds a total of 91,769.802 MPLX Common Units. This filing reflects routine board compensation and does not show any open-market buying or selling activity.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
SURMA JOHN P
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Units (Limited Partner Interests) | 2,579.543 | $0.00 | -- |
Holdings After Transaction:
Common Units (Limited Partner Interests) — 91,769.802 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Equity grant size: 2,579.543 units
Transaction price: $0.00 per unit
Holdings after transaction: 91,769.802 units
+1 more
4 metrics
Equity grant size
2,579.543 units
Annual 2026 equity retainer award
Transaction price
$0.00 per unit
Grant price for 2026 equity retainer units
Holdings after transaction
91,769.802 units
Direct MPLX Common Units after grant
Transaction date
2026-04-30
Date of equity grant reported on Form 4
Key Terms
Common Units (Limited Partner Interests), equity retainer award, Form 4
3 terms
Common Units (Limited Partner Interests) financial
"security_title: "Common Units (Limited Partner Interests)""
equity retainer award financial
"Represents the reporting person's annual 2026 equity retainer award."
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
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.
FAQ
What did MPLX (MPLX) director John P. Surma report in this Form 4 filing?
John P. Surma reported receiving an equity grant of 2,579.543 MPLX Common Units. The units were awarded at $0.00 per unit as part of his annual 2026 equity retainer, indicating compensation rather than an open-market transaction.
How many MPLX units were granted to John P. Surma as his 2026 equity retainer?
He was granted 2,579.543 Common Units of MPLX LP. The filing identifies this as his annual 2026 equity retainer award, providing stock-based compensation in the form of additional limited partner interests.
What are John P. Surma’s MPLX holdings after this reported equity award?
After the grant, John P. Surma directly holds 91,769.802 Common Units of MPLX. This total reflects his ownership following the 2,579.543-unit equity retainer award disclosed in the Form 4 filing.
Was cash paid for the MPLX units granted to John P. Surma?
No cash was paid for the units; the transaction price is shown as $0.00 per unit. This confirms the 2,579.543 units were granted as compensation, not acquired through an open-market purchase.
What is the nature of the MPLX securities John P. Surma received in this Form 4?
The securities are MPLX LP Common Units, described as limited partner interests. These units form part of his equity compensation, specifically labeled as his annual 2026 equity retainer award in the filing’s footnote.