Director at MPLX (NYSE: MPLX) granted 2,246 common units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
HELMS CHRISTOPHER A reported acquisition or exercise transactions in this Form 4 filing.
MPLX LP director Christopher A. Helms received an equity grant of 2,246.989 common units as part of his annual 2026 equity retainer award. The grant was reported at a price of $0.00 per unit, reflecting a compensation award rather than a market purchase. Following this award, Helms directly holds a total of 82,998.086 MPLX common units.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
HELMS CHRISTOPHER A
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Units (Limited Partner Interests) | 2,246.989 | $0.00 | -- |
Holdings After Transaction:
Common Units (Limited Partner Interests) — 82,998.086 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Equity grant size: 2,246.989 common units
Holdings after transaction: 82,998.086 common units
Reported transaction price: $0.00 per unit
3 metrics
Equity grant size
2,246.989 common units
Annual 2026 equity retainer award to director
Holdings after transaction
82,998.086 common units
Director’s direct MPLX holdings following grant
Reported transaction price
$0.00 per unit
Grant/award acquisition price for equity retainer
Key Terms
annual 2026 equity retainer award, Common Units (Limited Partner Interests), Form 4
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: Common Units (Limited Partner Interests)"
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 (MPLX) report for Christopher A. Helms?
MPLX reported that director Christopher A. Helms received an equity grant of 2,246.989 common units. This award reflects his annual 2026 equity retainer, issued at a reported price of $0.00 per unit as part of director compensation rather than an open-market trade.
How many MPLX units does Christopher A. Helms hold after this Form 4 transaction?
After the 2026 equity retainer award, Christopher A. Helms directly holds 82,998.086 MPLX common units. This total includes the newly granted 2,246.989 units, which were reported as a non-derivative grant at a $0.00 per-unit transaction price on the Form 4 filing.
Was the MPLX Form 4 transaction a market buy or sell by the director?
The MPLX Form 4 shows a grant classified as an acquisition, not a market buy or sell. Christopher A. Helms received 2,246.989 common units at a stated price of $0.00 per unit as his annual 2026 equity retainer, reflecting standard director compensation.
What type of security did Christopher A. Helms receive from MPLX in this filing?
Christopher A. Helms received MPLX common units, described as Common Units (Limited Partner Interests). The Form 4 records a non-derivative award of 2,246.989 units as his annual 2026 equity retainer, increasing his direct holdings to a total of 82,998.086 units after the transaction.
How is the 2026 equity retainer award for MPLX director Helms described?
The award is described in the footnotes as the reporting person's annual 2026 equity retainer award. It consists of 2,246.989 MPLX common units granted at a reported transaction price of $0.00 per unit, indicating a compensation-related equity grant for board service rather than a cash-funded purchase.