MPLX LP (NYSE: MPLX) director granted 2,579.543 units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
SEMPLE FRANK M reported acquisition or exercise transactions in this Form 4 filing.
MPLX LP director Frank M. Semple reported an equity award and updated holdings in common units. He received 2,579.543 common units as his annual 2026 equity retainer award at a stated price of $0.00 per unit, increasing his direct holdings to 60,751.877 units. The filing also lists indirect ownership of MPLX common units through EK Holdings LLC, the Robin Y Semple 2012 Dynasty Trust, and the Frank M Semple Revocable Trust.
Positive
- None.
Negative
- None.
Insider Trade Summary
4 transactions reported
Mixed
4 txns
Insider
SEMPLE FRANK M
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Units (Limited Partner Interests) | 2,579.543 | $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) — 60,751.877 shares (Direct, null);
Common Units (Limited Partner Interests) — 333,337 shares (Indirect, Frank M Semple Revocable Trust)
Footnotes (1)
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Key Figures
2026 equity retainer award: 2,579.543 common units
Grant price per unit: $0.00 per unit
Direct holdings after grant: 60,751.877 units
+3 more
6 metrics
2026 equity retainer award
2,579.543 common units
Annual 2026 equity retainer grant to director
Grant price per unit
$0.00 per unit
Stated transaction price for equity award units
Direct holdings after grant
60,751.877 units
Common units directly owned following 2026 award
Indirect holdings via EK Holdings LLC
48,777 units
Common units held indirectly through EK Holdings LLC
Indirect holdings via Robin Y Semple 2012 Dynasty Trust
111,180 units
Common units held indirectly via Robin Y Semple 2012 Dynasty Trust
Indirect holdings via Frank M Semple Revocable Trust
333,337 units
Common units held indirectly via Frank M Semple Revocable Trust
Key Terms
annual 2026 equity retainer award, Common Units (Limited Partner Interests), indirect ownership
3 terms
annual 2026 equity retainer award financial
"Represents the reporting person's annual 2026 equity retainer award."
Common Units (Limited Partner Interests) financial
"Security title is listed as Common Units (Limited Partner Interests)."
indirect ownership financial
"Entries show indirect ownership through EK Holdings LLC and various trusts."
FAQ
What did the MPLX (MPLX) Form 4 report for Frank M. Semple?
The Form 4 shows director Frank M. Semple received 2,579.543 MPLX common units as his annual 2026 equity retainer award, bringing his directly held units to 60,751.877 and updating several indirect ownership positions held through trusts and an LLC.
How many MPLX units did Frank M. Semple receive in his 2026 equity retainer?
Frank M. Semple received 2,579.543 MPLX common units as his annual 2026 equity retainer award. These units were reported at a price of $0.00 per unit, reflecting a compensation grant rather than an open-market purchase of MPLX units.
What are Frank M. Semple’s direct MPLX holdings after this Form 4?
After the reported equity grant, Frank M. Semple directly holds 60,751.877 MPLX common units. This figure reflects his updated direct ownership position following receipt of the 2,579.543-unit annual 2026 equity retainer award disclosed in the Form 4 filing.
Which indirect MPLX holdings are reported for Frank M. Semple?
The filing lists MPLX units held indirectly through EK Holdings LLC, the Robin Y Semple 2012 Dynasty Trust, and the Frank M Semple Revocable Trust, with each entry showing total units following the reported date, indicating separate indirect ownership positions associated with the director.
Was the MPLX equity grant to Frank M. Semple an open-market purchase?
No, the 2,579.543 MPLX units were reported with transaction code A, indicating a grant, award, or other acquisition. The units were valued at $0.00 per unit, consistent with compensation rather than an open-market transaction on a securities exchange.