Director John P. Surma granted 1,505 MPLX (NYSE: MPLX) units
Filing Impact
Filing Sentiment
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.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
SURMA JOHN P
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Units (Limited Partner Interests) | 1,505.132 | $0.00 | -- |
Holdings After Transaction:
Common Units (Limited Partner Interests) — 89,190.259 shares (Direct)
Footnotes (1)
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.