SURMA JOHN P 4
4 · MPLX LP · Filed May 4, 2026
Research Summary
AI-generated summary of this filing
MPLX Director John P. Surma Receives 2,579.543-Share Award
What Happened
- John P. Surma, a director of MPLX GP LLC (the general partner of MPLX LP), received an award of 2,579.543 common units/shares on April 30, 2026. The grant was recorded at $0.00 per share (no cash paid at grant).
- This was an equity retainer award (compensation), not an open-market purchase or sale—routine director compensation rather than a trading decision.
Key Details
- Transaction date: 2026-04-30; Transaction type: Award/Grant (code A).
- Shares granted: 2,579.543; reported acquisition price: $0.00.
- Footnote: F1 — represents the reporting person's annual 2026 equity retainer award.
- Shares owned after the transaction: not specified in the provided filing excerpt.
- Filing date: 2026-05-04 — filing appears timely (Form 4 due within two business days after the transaction date).
Context
- This grant is a routine director equity retainer (compensation) and should not be interpreted as a buy/sell signal. Awards are commonly used to align directors with unitholder interests and may vest over time per plan terms (vesting details not provided).
- The filer is a director of MPLX GP LLC, the general partner that manages the issuer; the filing reflects insider compensation within the partnership structure.
Insider Transaction Report
Form 4
MPLX LPMPLX
SURMA JOHN P
Director
Transactions
- Award
Common Units (Limited Partner Interests)
[F1]2026-04-30+2,579.543→ 91,769.802 total
Footnotes (1)
- [F1]Represents the reporting person's annual 2026 equity retainer award.
Signature
/s/ Molly R. Benson, Attorney-in-Fact for John P. Surma|2026-05-04