MPLX LP·4

May 4, 5:17 PM ET

SURMA JOHN P 4

4 · MPLX LP · Filed May 4, 2026

Research Summary

AI-generated summary of this filing

Updated

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
Period: 2026-04-30
SURMA JOHN P
Director
Transactions
  • Award

    Common Units (Limited Partner Interests)

    [F1]
    2026-04-30+2,579.54391,769.802 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

Documents

1 file
  • 4
    ownership.xmlPrimary

    4