STICE J MICHAEL 4

What Happened J. Michael Stice, a director of MPLX GP LLC (the general partner of MPLX LP), was granted 981.957 shares (reported as an acquisition) on February 17, 2026. The transaction is coded as an award/grant and shows an acquisition price of $0.00 on the Form 4, indicating these were issued as an award rather than a market purchase or option exercise.

Key Details

• Transaction date: 2026-02-17; Form 4 filed: 2026-02-19 (timely filing).
• Transaction type/code: Award/other acquisition (Code A).
• Shares acquired: 981.957; reported acquisition price: $0.00 (total cash paid: $0).
• Shares owned after transaction: not specified in the provided filing excerpt.
• Footnotes/plan details: none disclosed in the excerpt; no 10b5-1, tax withholding or cashless-sale notes provided.
• Insider role: Director of MPLX GP LLC (the general partner); Issuer is managed by directors and executive officers of MPLX GP LLC.

Context This filing records an equity award to a director, a common form of compensation for board service. The Form 4 does not specify vesting, restrictions, or whether the units are partnership units or RSUs, so the economic and voting implications are not detailed here. Awards are acquisitions (not sales) and can indicate alignment with shareholder interests, but the filing itself does not state any trading intent or further action.