Director Garry Peiffer (MPLX) receives 1,180.524-unit equity award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
MPLX LP director Garry L. Peiffer reported an acquisition of common units through an equity award. On February 17, 2026, he received 1,180.524 Common Units (Limited Partner Interests) at a price of $0.0000 per unit, described as a grant or award acquisition.
Following this transaction, Peiffer directly owned 64,072.343 common units. In addition, a revocable trust identified as the Garry L. Peiffer Revocable Trust held an indirect position of 68,497.000 common units, reflecting his beneficial ownership through that trust.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Peiffer Garry L.
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Units (Limited Partner Interests) | 1,180.524 | $0.00 | -- |
| holding | Common Units (Limited Partner Interests) | -- | -- | -- |
Holdings After Transaction:
Common Units (Limited Partner Interests) — 64,072.343 shares (Direct);
Common Units (Limited Partner Interests) — 68,497 shares (Indirect, By Revocable Trust)
Footnotes (1)
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FAQ
What insider transaction did MPLX (MPLX) director Garry L. Peiffer report?
Garry L. Peiffer reported receiving an equity award of 1,180.524 MPLX common units on February 17, 2026. The units were granted at $0.0000 per unit, reflecting a grant, award, or other acquisition rather than an open-market purchase.
How many MPLX common units does Garry L. Peiffer own directly after this Form 4?
After the reported grant, Garry L. Peiffer directly holds 64,072.343 MPLX common units. This total reflects his direct ownership following the 1,180.524-unit award on February 17, 2026, as disclosed in the insider filing.
What indirect MPLX holdings are reported for Garry L. Peiffer on this Form 4?
The filing shows an indirect holding of 68,497.000 MPLX common units owned by the Garry L. Peiffer Revocable Trust. These units are reported as indirectly owned, indicating beneficial ownership through the revocable trust structure rather than in his personal name.
Was the MPLX unit award to Garry L. Peiffer an open-market purchase?
No, the transaction is labeled as a grant, award, or other acquisition with a price of $0.0000 per unit. This indicates it was an equity award transaction, not an open-market buy order executed at prevailing market prices.
What security type is involved in Garry L. Peiffer’s MPLX Form 4 filing?
The reported security is Common Units (Limited Partner Interests) of MPLX LP. Both the direct grant of 1,180.524 units and the indirect holdings of 68,497.000 units through the revocable trust involve this same class of common units.
Does the MPLX Form 4 for Garry L. Peiffer show any sales or dispositions?
The disclosed activity is an acquisition via grant of 1,180.524 common units, with no sales or dispositions reported. The summary counts show one acquisition transaction and no dispose, buy, or sell transactions for this reporting period.