STOCK TITAN

Director John P. Surma granted 1,505 MPLX (NYSE: MPLX) units

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

MPLX LP director John P. Surma received an award of 1,505.132 common units on February 17, 2026. The units, representing limited partner interests, were acquired as a grant at a stated price of $0.0000 per unit. After this award, his directly held units total 89,190.259.

Positive

  • None.

Negative

  • None.
SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
SURMA JOHN P

(Last) (First) (Middle)
C/O MPLX LP
200 E. HARDIN STREET

(Street)
FINDLAY OH 45840

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
MPLX LP [ MPLX ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
02/17/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Units (Limited Partner Interests) 02/17/2026 A 1,505.132 A $0 89,190.259 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
Remarks:
The Reporting Person is a Director of MPLX GP LLC, the general partner of the Issuer. The Issuer is managed by the directors and executive officers of MPLX GP LLC.
/s/ Molly R. Benson, Attorney-in-Fact for John P. Surma 02/19/2026
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What did MPLX (MPLX) director John P. Surma report on this Form 4?

John P. Surma reported receiving an award of 1,505.132 MPLX common units. These units are limited partner interests granted at a stated price of $0.0000 per unit, reflecting equity-based compensation rather than an open-market purchase.

How many MPLX (MPLX) units does John P. Surma hold after this grant?

After the reported grant, John P. Surma directly holds 89,190.259 MPLX common units. This total includes the newly awarded 1,505.132 units, as disclosed in the Form 4’s post-transaction holdings line.

Was the MPLX (MPLX) Form 4 transaction a market purchase or a grant?

The Form 4 shows a grant or award acquisition of MPLX units, not a market purchase. The transaction code is “A,” indicating a grant, award, or other acquisition at a stated price of $0.0000 per unit.

What type of security did John P. Surma receive from MPLX (MPLX)?

He received MPLX “Common Units (Limited Partner Interests).” These units represent equity interests in the partnership and were acquired through a grant, as identified by the Form 4’s security title and transaction description.

Is John P. Surma’s ownership in MPLX (MPLX) direct or indirect after this transaction?

His reported ownership is direct following this transaction. The Form 4 lists the ownership code as “D,” meaning the 89,190.259 common units are held directly, rather than through an intermediary entity or indirect arrangement.
Mplx Lp

NYSE:MPLX

MPLX Rankings

MPLX Latest News

MPLX Latest SEC Filings

MPLX Stock Data

59.06B
368.01M
Oil & Gas Midstream
Pipe Lines (no Natural Gas)
Link
United States
FINDLAY