Marathon Petroleum Corp·4

May 4, 4:49 PM ET

COHEN JONATHAN Z 4

4 · Marathon Petroleum Corp · Filed May 4, 2026

Research Summary

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Marathon Petroleum (MPC) Director Jonathan Z. Cohen Receives Award

What Happened
Jonathan Z. Cohen, a director of Marathon Petroleum Corp. (MPC), was granted 727.742 shares on 2026-04-30 as an equity award. The Form 4 lists the acquisition price as $0.00 (this reflects a compensation award rather than an open-market purchase). Footnotes state the grant represents his annual 2026 equity retainer and that 313.518 of the shares were acquired via dividend reinvestment and had not been previously reported.

Key Details

  • Transaction date: 2026-04-30; Form 4 filed: 2026-05-04.
  • Transaction type/code: Award/Grant (A).
  • Shares acquired: 727.742; price listed: $0.00 (no cash paid).
  • Footnotes: F1 = annual 2026 equity retainer award; F2 = 313.518 shares from dividend reinvestment not previously reported.
  • Shares owned after transaction: not specified in the filing.
  • Timeliness: Filing covers an Apr 30 transaction and was submitted on May 4 (Form 4s are generally due within two business days, so this filing occurred several days after the transaction).

Context
This was a compensation-related award (routine retainer) rather than a buy or sale in the open market. Awards and dividend reinvestment entries are common for directors and don’t necessarily signal a personal buy or sell decision. Retail investors monitoring insider activity should note the nature of the transaction (compensation + dividend reinvestment) and check other filings or company disclosures for fuller ownership context.

Insider Transaction Report

Form 4
Period: 2026-04-30
Transactions
  • Award

    Common Stock

    [F1][F2]
    2026-04-30+727.74216,234.753 total
Footnotes (2)
  • [F1]Represents the reporting person's annual 2026 equity retainer award.
  • [F2]Includes 313.518 shares acquired pursuant to dividend reinvestment and not previously reported pursuant to Rule 16a-11.
Signature
/s/ Molly R. Benson, Attorney-in-Fact for Jonathan Z. Cohen|2026-05-04

Documents

1 file
  • 4
    ownership.xmlPrimary

    4