MPLX (MPLX) director Christine Breves receives 276-unit equity award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
MPLX LP director Christine S. Breves received an award of 276.829 Common Units (Limited Partner Interests) of MPLX LP on May 15, 2026. The units were granted at a price of $0.0000 per unit as part of a compensation-related grant or award, not an open-market purchase.
After this award, Breves directly holds a total of 14,361.275 common units of MPLX LP. The filing does not report any sales, option exercises, gifts, or tax-withholding transactions, only this single acquisition of additional units.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Breves Christine S
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Units (Limited Partner Interests) | 276.829 | $0.00 | -- |
Holdings After Transaction:
Common Units (Limited Partner Interests) — 14,361.275 shares (Direct, null)
Footnotes (1)
Key Figures
Units granted: 276.829 common units
Grant price: $0.0000 per unit
Holdings after transaction: 14,361.275 common units
3 metrics
Units granted
276.829 common units
Grant or award on May 15, 2026
Grant price
$0.0000 per unit
Transaction price for awarded units
Holdings after transaction
14,361.275 common units
Direct ownership following the grant
Key Terms
Common Units (Limited Partner Interests), Grant, award, or other acquisition, Form 4
3 terms
Common Units (Limited Partner Interests) financial
"security_title: "Common Units (Limited Partner Interests)""
Grant, award, or other acquisition financial
"transaction_code_description: "Grant, award, or other acquisition""
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 insider transaction did MPLX director Christine S. Breves report?
Christine S. Breves reported receiving 276.829 MPLX common units as a grant or award. The Form 4 shows this as a compensation-related acquisition at a price of $0.0000 per unit, rather than an open-market purchase or sale.
How many MPLX units does Christine S. Breves hold after this Form 4 transaction?
After the reported grant, Christine S. Breves directly holds 14,361.275 MPLX common units. This total reflects her updated direct ownership position following the award of 276.829 additional units disclosed in the Form 4 filing.
Was the MPLX insider transaction a purchase or a compensation grant?
The transaction was a compensation grant, not an open-market purchase. The Form 4 classifies it as a “Grant, award, or other acquisition,” with 276.829 common units received at a transaction price of $0.0000 per unit.
Did Christine S. Breves sell any MPLX units in this Form 4 filing?
No sales were reported in this Form 4. The filing shows only an acquisition of 276.829 MPLX common units as a grant or award, with no dispositions, gifts, tax withholdings, or restructuring transactions disclosed for this date.
What type of security did the MPLX Form 4 transaction involve?
The transaction involved MPLX “Common Units (Limited Partner Interests).” These units represent limited partner interests in MPLX LP, and the filing shows that 276.829 such units were granted to director Christine S. Breves on May 15, 2026.