MPLX Director Walker Ray N Jr. Receives 78.436-Share Award

What Happened

• Walker Ray N Jr., a director of MPLX GP LLC (the general partner of MPLX LP), was granted 78.436 shares on 2026-05-15. The award is reported as an acquisition (transaction code A) at a price of $0.00 (total cash paid $0.00). The Form 4 reporting the grant was filed on 2026-05-19.

Key Details

• Transaction date: 2026-05-15; filing date: 2026-05-19 (filed within the standard two-business-day Form 4 window).
• Transaction type/code: Grant/award (A); shares acquired: 78.436; price per share reported: $0.00; total cash paid: $0.00.
• Shares owned after transaction: Not provided in the excerpt supplied.
• Footnote/remark: Reporting person is a director of MPLX GP LLC, the general partner of the issuer; the issuer is managed by directors and executive officers of MPLX GP LLC.

Context

• A $0.00 entry typically indicates a compensatory grant (e.g., restricted shares/units or similar equity-based compensation) rather than an open-market purchase. Such awards often have vesting or other conditions—check the company’s proxy or disclosures for details if you want to know vesting terms or dilution effects.
• This filing reflects a director compensation award and does not, by itself, indicate buying or selling for investment purposes.