Marathon Petroleum Officer Files Intent to Sell $157K in Stock
Marathon Petroleum Corp
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Filing Summary
Marathon Petroleum Corp (MPC) Officer, Shawn M Lyon, has filed a Form 144 indicating an intent to sell 425 shares of Common stock, valued at approximately $156,608. The proposed sale is expected around August 28, 2026.
Comprehensive Analysis
Filing Analysis: Marathon Petroleum Corp (MPC) - Form 144
Insider: Shawn M. Lyon, Officer Filing Date: 2026-08-28
Transaction Overview: Shawn M. Lyon, an officer at Marathon Petroleum Corp, has filed a Form 144, which signals an intention to sell company securities. This filing details a proposed sale of 425 shares of common stock with an aggregate market value of approximately $156,608.
Key Details:
- Security: Common Stock
- Shares to be Sold: 425
- Approximate Value: $156,608.14
- Approximate Sale Date: August 28, 2026
Context and Significance: This proposed sale is relatively small in value for an executive at a company of Marathon's size, suggesting it may be for personal financial management, such as tax obligations or portfolio diversification, rather than a significant change in outlook on the company. The filing also discloses a recent prior sale on August 13, 2026, where Lyon sold 2,500 shares for approximately $875,000. The current filing represents continued, but smaller-scale, selling activity. The shares intended for sale were acquired as part of a compensation plan.
Investors should note that a Form 144 is a notice of intent and does not obligate the insider to sell the shares. However, it provides transparency into potential upcoming insider sales.
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Important Disclaimer
This content is drawn from public SEC filings and may contain errors. It is for informational purposes only and is not investment, legal, or tax advice.
Nothing here is a recommendation to buy, sell, or hold any security. Do your own due diligence.
