SURMA JOHN P 4

What Happened John P. Surma, a director of MPLX GP LLC (the general partner of MPLX LP), was granted 1,505.132 shares on February 17, 2026. The Form 4 reports the transaction as an Award/Grant (code A) with an acquisition price of $0, indicating these were issued as a compensation award rather than a market purchase.

Key Details

• Transaction date: 2026-02-17; Form 4 filed: 2026-02-19 (appears to be filed within the standard two-business-day window).
• Shares granted: 1,505.132; reported acquisition price: $0.00.
• Shares owned after transaction: Not specified in the filing.
• Reporting person role: Director of MPLX GP LLC (the general partner). Filing notes the issuer is managed by directors and executive officers of MPLX GP LLC.
• Transaction code: A = Award/Grant. No 10b5-1 plan, tax-withholding, or cashless sale indicated in the filing.

Context This was a grant/award to a director, not an open-market buy or sale. Awards reported at $0 typically reflect equity compensation (e.g., restricted stock/units) and do not by themselves indicate a cash investment or a market sentiment change. The filing appears timely; retail investors may view grants as part of routine director compensation.