Rucker Kim K.W. 4
Research Summary
AI-generated summary
Marathon Petroleum (MPC) Director Kim Rucker Receives Award
What Happened
Kim K.W. Rucker, a director of Marathon Petroleum Corp. (MPC), received 727.742 shares on 2026-04-30 as an equity award (transaction code A). The filing shows an acquisition price of $0.00 (reported value $0), with the award described as the reporting person's annual 2026 equity retainer.
Key Details
- Transaction date: 2026-04-30 (Form 4 filed 2026-05-04; filing appears timely).
- Shares acquired: 727.742 shares at $0.00 (reported value $0).
- Footnotes: F1 = the award represents the 2026 annual equity retainer; F2 = 283.333 of the shares are from dividend reinvestment and were not previously reported under Rule 16a-11.
- The Form does not disclose post-transaction total beneficial ownership in the material provided here.
- No open-market purchase or sale — this was a compensation award, not a trading purchase or sale.
Context
Director equity retainer awards are routine compensation and generally reflect company pay practices rather than a director buying or selling stock as a market signal. The portion acquired via dividend reinvestment (DRIP) reflects prior dividends being used to acquire shares and was added to this filing for reporting completeness.