MPLX LP (MPLX) Executive Chairman reports 1,335-unit insider transaction
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
MPLX LP reported an insider disposition of common units by Executive Chairman and director Michael J. Hennigan. On December 12, 2025, he disposed of 1,335 MPLX common units (limited partner interests) at $54.85 per unit in a transaction coded “F.”
Following this transaction, he directly beneficially owned 359,137 MPLX common units. He serves as Executive Chairman of the Board of Directors of MPLX GP LLC, the general partner that manages MPLX LP through its directors and executive officers.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Hennigan Michael J
Role
Executive Chairman
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Units (Limited Partner Interests) | 1,335 | $54.85 | $73K |
Holdings After Transaction:
Common Units (Limited Partner Interests) — 359,137 shares (Direct)
Footnotes (1)
FAQ
What insider transaction did MPLX LP (MPLX) disclose for Michael J. Hennigan?
The report shows that Michael J. Hennigan disposed of 1,335 common units of MPLX LP (limited partner interests) at a price of $54.85 per unit in a transaction coded “F.”
When did the reported MPLX LP (MPLX) insider transaction occur?
The insider transaction for MPLX LP (MPLX) took place on December 12, 2025, as reflected in the transaction date in Table I.
How many MPLX LP (MPLX) units does Michael J. Hennigan own after the transaction?
After the reported transaction, Michael J. Hennigan beneficially owned 359,137 MPLX common units, held in direct ownership form.
What is Michael J. Hennigan’s role and relationship to MPLX LP (MPLX)?
Michael J. Hennigan is identified as a Director and Officer of MPLX LP, serving as Executive Chairman. He is also Executive Chairman of the Board of Directors of MPLX GP LLC, the general partner that manages MPLX LP.
Is Michael J. Hennigan’s ownership in MPLX LP (MPLX) direct or indirect after this transaction?
Following the transaction, the 359,137 MPLX common units reported as beneficially owned by Michael J. Hennigan are held in direct ownership form.