Hessling Ricky D. 4
Research Summary
AI-generated summary
Marathon Petroleum (MPC) CCO Ricky Hessling Sells 1,626 Shares
What Happened
Ricky D. Hessling, Chief Commercial Officer of Marathon Petroleum Corp (MPC), sold 1,626 shares in an open-market transaction on March 13, 2026. The shares were sold at $228.18 each for a total transaction value of approximately $371,021. This was a sale (disposition), not a purchase.
Key Details
- Transaction date: 2026-03-13; Form 4 filed: 2026-03-17 (filed within the required reporting window).
- Transaction type/code: Sale (S) — open-market or private sale per the filing.
- Price per share: $228.18; total value: ~$371,021.
- Shares owned after transaction: Not specified in the provided filing excerpt.
- Footnotes/plan references: None specified (no 10b5-1 plan, tax withholding, or other notes shown).
Context
Insider sales are common and can reflect routine diversification, liquidity needs, or other personal reasons; they do not necessarily indicate a change in company outlook. Purchases tend to be more informative about insider sentiment. This filing documents a straightforward sale by an executive and was reported on time.