MPLX LP·4

May 4, 5:18 PM ET

Walker Ray N JR 4

Research Summary

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MPLX Director Walker Ray N Jr Receives 2,246.989-Share Award

What Happened

  • Walker Ray N Jr, a director of MPLX GP LLC (the general partner of MPLX LP), was granted 2,246.989 shares as an equity retainer award on April 30, 2026. The award is reported at $0 per share (no cash purchase), so the reported total cash value is $0. This was an award of compensation rather than an open-market purchase or sale.

Key Details

  • Transaction date: 2026-04-30; reported on Form 4 filed 2026-05-04 (timely filing within the SEC’s two-business-day requirement).
  • Price per share: $0.00 (award/grant).
  • Shares received: 2,246.989.
  • Shares owned after transaction: Not specified in the provided filing summary.
  • Footnote: F1 indicates this represents the reporting person’s annual 2026 equity retainer award.
  • Remarks: The reporting person is a director of MPLX GP LLC, the general partner of the issuer; the issuer is managed by the directors and executive officers of MPLX GP LLC.

Context

  • This is a routine director equity retainer grant used as compensation and does not reflect an open-market buy or sale. Such awards are common for board members and may be subject to vesting or other plan terms (not detailed in the provided filing).