SURMA JOHN P 4

What Happened

• John P. Surma, a director of Marathon Petroleum Corporation (MPC), was awarded 727.742 shares as his 2026 annual equity retainer. The shares were recorded as acquired on April 30, 2026 at an acquisition price of $0.00 (i.e., a grant/award rather than a purchase).

Key Details

• Transaction date: April 30, 2026; Form 4 filed May 4, 2026 (reports the Apr 30 transaction).
• Transaction type: Award/Grant (code A) — 727.742 shares granted at $0.00.
• Footnotes: F1 = represents the 2026 annual equity retainer award; F2 = filing notes inclusion of 1,216.56 shares acquired earlier via dividend reinvestment (not previously reported under Rule 16a-11); F3 = some holdings are held via the Elizabeth L. Surma Revocable Trust (spouse).
• Shares owned after transaction: not specified in the filing.
• No sale or open-market purchase occurred; this is a compensation grant and does not directly signal a buy or sell decision by the insider.

Context

• Equity retainer awards are a common form of director compensation and generally reflect routine pay rather than a personal market-timing decision. The filing also notes dividend-reinvested shares and beneficial ownership through a spousal revocable trust, which affect reported ownership but do not imply additional trading activity.