Director at MPLX (NYSE: MPLX) receives equity grant and holds 4,069 units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Walker Ray N JR reported acquisition or exercise transactions in this Form 4 filing.
MPLX LP director Ray N. Walker Jr. received a grant of 78.436 Common Units (Limited Partner Interests) on May 15, 2026 as a non-cash award. Following this grant, his directly held position increased to 4,069.124 common units, reflecting routine equity-based compensation rather than an open-market purchase.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Walker Ray N JR
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Units (Limited Partner Interests) | 78.436 | $0.00 | -- |
Holdings After Transaction:
Common Units (Limited Partner Interests) — 4,069.124 shares (Direct, null)
Footnotes (1)
Key Figures
Units granted: 78.436 units
Price per unit: 0.0000 per unit
Units owned after grant: 4,069.124 units
+2 more
5 metrics
Units granted
78.436 units
Common Units grant on May 15, 2026
Price per unit
0.0000 per unit
Reported grant price
Units owned after grant
4,069.124 units
Direct holdings after transaction
Acquisition transactions
1 transaction
Non-derivative grant/award acquisition
Sell transactions
0 transactions
No sales reported in summary
Key Terms
Common Units (Limited Partner Interests), grant/award acquisition, Form 4, non-derivative
4 terms
Common Units (Limited Partner Interests) financial
"security_title: Common Units (Limited Partner Interests)"
grant/award acquisition financial
"transaction_action: grant/award 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.
non-derivative financial
"transaction_type: non-derivative"
FAQ
What insider transaction did MPLX (MPLX) disclose in this Form 4?
MPLX reported that director Ray N. Walker Jr. received a grant of 78.436 Common Units (Limited Partner Interests). The units were awarded at a reported price of 0.0000 per unit, indicating a compensation-related equity award rather than a market purchase.
How many MPLX (MPLX) units does the director hold after this award?
After the reported grant, director Ray N. Walker Jr. directly holds 4,069.124 MPLX Common Units. This total includes the 78.436 units awarded in the latest transaction and represents his direct ownership position following the grant-acquisition reported in the Form 4.
Was the MPLX (MPLX) insider transaction a purchase or a grant?
The transaction was a grant or award acquisition, not an open-market purchase. The Form 4 classifies it under code A, described as a grant, award, or other acquisition, with a transaction price of 0.0000 per unit, typical for equity compensation grants.
Did the MPLX (MPLX) director sell any units in this Form 4 filing?
No sales were reported in this Form 4. The transaction summary shows one acquisition event and zero sell, exercise, gift, or tax-withholding transactions, indicating only an increase in directly held units from a compensation-related award during the reported period.
Does the MPLX (MPLX) Form 4 show any derivative securities activity?
The filing shows no derivative securities activity. The derivativeSummary is empty and the transactionSummary reports zero derivative transactions, exercises, or restructurings, suggesting this Form 4 only records a non-derivative common unit grant to the director.