MPLX (MPLX) COO awarded 5,986 units; tax withholdings follow
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
MPLX LP executive vice president and COO Gregory Scott Floerke received a grant of 5,986 common units of limited partner interests on March 1, 2026 at a stated price of $59.22 per unit. On March 2, 2026, three tax-withholding dispositions totaling 995, 1,100 and 797 units reduced his directly owned units to 95,337.
Positive
- None.
Negative
- None.
Insider Trade Summary
4 transactions reported
Mixed
4 txns
Insider
Floerke Gregory Scott
Role
Exec. VP and COO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Units (Limited Partner Interests) | 995 | $59.22 | $59K |
| Tax Withholding | Common Units (Limited Partner Interests) | 1,100 | $59.22 | $65K |
| Tax Withholding | Common Units (Limited Partner Interests) | 797 | $59.22 | $47K |
| Grant/Award | Common Units (Limited Partner Interests) | 5,986 | $0.00 | -- |
Holdings After Transaction:
Common Units (Limited Partner Interests) — 97,234 shares (Direct)
Footnotes (1)
FAQ
What insider transactions did MPLX EVP and COO Gregory Scott Floerke report?
Gregory Scott Floerke reported receiving a grant of 5,986 MPLX common units, then three tax-withholding dispositions of 995, 1,100 and 797 units. All transactions involved common units of limited partner interests and were reported as direct ownership changes.
Was the MPLX Form 4 transaction a market purchase or sale of units?
The Form 4 shows no open-market buys or sells. It reports a grant of 5,986 MPLX common units and three code F transactions classified as tax-withholding dispositions to cover exercise price or tax liabilities, not discretionary market trading.
How many MPLX units does Gregory Scott Floerke own after these transactions?
After the reported grant and subsequent tax-withholding dispositions, Gregory Scott Floerke’s direct ownership stands at 95,337 MPLX common units of limited partner interests, according to the share balances disclosed following the final March 2, 2026 transaction.
What is the reported price per MPLX unit in Gregory Floerke’s Form 4?
The filing lists a transaction price of $59.22 per MPLX common unit for the reported grant and related tax-withholding dispositions. This price is used to value the non-derivative common unit transactions disclosed for March 1–2, 2026.
What do code F transactions mean in the MPLX Form 4 for Gregory Floerke?
Code F transactions in this Form 4 are described as payments of exercise price or tax liability by delivering securities. For Gregory Floerke, three such code F entries reflect tax-withholding dispositions of MPLX common units rather than ordinary market sales.