Director Frank Semple granted additional MPLX (NYSE: MPLX) common units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
MPLX LP director Frank M. Semple reported an equity award of common units. On February 17, 2026, he acquired 1,071.818 common units of MPLX LP as a grant, bringing his directly held units to 58,172.334. Additional common units are reported as indirectly held through several trusts and an LLC.
Positive
- None.
Negative
- None.
Insider Trade Summary
4 transactions reported
Mixed
4 txns
Insider
SEMPLE FRANK M
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Units (Limited Partner Interests) | 1,071.818 | $0.00 | -- |
| holding | Common Units (Limited Partner Interests) | -- | -- | -- |
| holding | Common Units (Limited Partner Interests) | -- | -- | -- |
| holding | Common Units (Limited Partner Interests) | -- | -- | -- |
Holdings After Transaction:
Common Units (Limited Partner Interests) — 58,172.334 shares (Direct);
Common Units (Limited Partner Interests) — 333,337 shares (Indirect, Frank M Semple Revocable Trust)
Footnotes (1)
FAQ
What insider transaction did MPLX (MPLX) director Frank M. Semple report?
Frank M. Semple reported receiving a grant of 1,071.818 common units of MPLX LP on February 17, 2026. This award increased his directly held common units to 58,172.334, as disclosed in the Form 4 filing.
Was the MPLX (MPLX) insider transaction a purchase or a grant?
The transaction was a grant or award, not an open-market purchase. The Form 4 identifies it with transaction code A, meaning a grant, award, or other acquisition of 1,071.818 common units at a reported price of 0.0000 per unit.
How many MPLX (MPLX) units does Frank M. Semple hold directly after the grant?
After the reported grant, Frank M. Semple directly holds 58,172.334 common units of MPLX LP. This figure reflects only his direct ownership and excludes units reported as indirectly held through trusts and an LLC.
What indirect MPLX (MPLX) holdings are associated with Frank M. Semple?
The filing lists indirect holdings in MPLX common units through the Frank M Semple Revocable Trust, the Robin Y Semple 2012 Dynasty Trust, and EK Holdings LLC. Each entity reports its own total units following the transactions on February 17, 2026.
Does the MPLX (MPLX) Form 4 show any insider sales by Frank M. Semple?
The Form 4 does not show any sales. It reports one acquisition via grant of 1,071.818 common units and several indirect holdings entries with updated totals, but no transactions coded as sales or dispositions.
What does transaction code A mean in the MPLX (MPLX) Form 4?
Transaction code A indicates a grant, award, or other acquisition of securities. In this case, it reflects the awarding of 1,071.818 MPLX common units to Frank M. Semple, rather than a market purchase or sale.