Marathon Petroleum Officer Files Intent to Sell $157K in Stock
Marathon Petroleum Corp
Subscribe to track MPC
Premium users can add ticker alerts and receive realtime notification updates.
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.
Get Real-Time Alerts
Join our community to receive instant notifications when high-significance filings are published
Important Disclaimer
This content is AI-generated from public SEC filings and may contain errors. It is for informational and educational purposes only and is not investment, legal, or tax advice.
The Filing Fool is not a registered investment adviser, broker-dealer, or financial planner. Nothing here is a recommendation or solicitation to buy, sell, or hold any security.
Always do your own due diligence and consult a licensed professional.
