Henschen Michael A II 4

What Happened
Michael A. Henschen II, former Vice President of Refining at Marathon Petroleum (MPC), sold 5,289 shares in an open-market/private sale on February 12, 2026 at $202.32 per share, generating proceeds of approximately $1,070,070. The filing also reports a gift of 511 shares on the same date (gift reported at $0 proceeds).

Key Details

• Transaction date(s): February 12, 2026. Filing date: February 13, 2026 (filed the next day; appears timely).
• Sale: 5,289 shares @ $202.32 per share = $1,070,070 (code S).
• Gift: 511 shares reported as a gift (code G), $0 proceeds reported.
• Shares owned after transaction: not specified in the provided summary of the filing.
• No 10b5-1 plan, tax withholding, or other footnotes were disclosed in the provided information.

Context

• Sales (S) and gifts (G) are common insider transactions; a gift typically reflects personal or estate planning and does not necessarily signal a view on the company’s outlook.
• The sale was a sizeable transaction (~$1.07M) but, by itself, should not be interpreted as definitive insider sentiment.