Marathon Petroleum Corp·4

Mar 13, 12:11 PM ET

Hessling Ricky D. 4

4 · Marathon Petroleum Corp · Filed Mar 13, 2026

Research Summary

AI-generated summary of this filing

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Marathon Petroleum (MPC) CCO Ricky D. Hessling Sells Shares

What Happened
Ricky D. Hessling, Chief Commercial Officer of Marathon Petroleum Corporation (MPC), disposed of a total of 2,847 shares in open-market sales on March 11–12, 2026. The transactions broke down as follows:

  • 1,485 shares sold at a weighted average price reported near $224.51 — proceeds reported $333,397.
  • 325 shares sold at $226.00 — proceeds $73,450.
  • 478 shares sold at $228.00 — proceeds $108,984.
  • 559 shares sold at $230.00 — proceeds $128,570.
    Total reported proceeds across these sales: $644,401. These were sales (insider code S), i.e., dispositions of stock rather than purchases.

Key Details

  • Transaction dates: March 11, 2026 (two sales) and March 12, 2026 (two sales).
  • Prices and proceeds: see the itemized list above; combined proceeds ≈ $644,401.
  • Shares owned after the transactions: not stated in the provided excerpt of the filing.
  • Footnotes: F1 — the $224.51 price is a weighted average; some shares were sold at prices in a narrow range ($224.51–$224.52) and detailed per-price breakdown is available on request. F2 — includes 0.001 shares acquired via dividend reinvestment not previously reported.
  • Filing timeliness: Form 4 was filed March 13, 2026 covering trades on March 11–12 — the filing appears timely under Rule 16b-3 reporting requirements.
  • Transaction code: S = Sale (disposition).

Context
These were open-market sales by a senior executive. The filing does not disclose a 10b5-1 trading plan or other prearranged program. Sales are routine insider activity and do not by themselves indicate the insider’s view of the company; purchases tend to be more directly interpreted as a bullish signal.

Insider Transaction Report

Form 4
Period: 2026-03-11
Hessling Ricky D.
Chief Commercial Officer
Transactions
  • Sale

    Common Stock

    [F1]
    2026-03-11$224.51/sh1,485$333,39710,513 total
  • Sale

    Common Stock

    2026-03-11$226.00/sh325$73,45010,188 total
  • Sale

    Common Stock

    2026-03-12$228.00/sh478$108,9849,710 total
  • Sale

    Common Stock

    2026-03-12$230.00/sh559$128,5709,151 total
Holdings
  • Common Stock

    [F2]
    (indirect: By 401(k))
    0.274
Footnotes (2)
  • [F1]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $224.51 to $224.52, inclusive. The reporting person undertakes to provide to Marathon Petroleum Corporation, any security holder of Marathon Petroleum Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in footnote 1 to this Form 4.
  • [F2]Includes 0.001 shares acquired pursuant to dividend reinvestment and not previously reported pursuant to Rule 16a-11.
Signature
/s/ Molly R. Benson, Attorney-in-Fact for Ricky D. Hessling|2026-03-13

Documents

1 file
  • 4
    ownership.xmlPrimary

    4