Kim K.W. Rucker - Aug 1, 2023 Form 4 Insider Report for Marathon Petroleum Corp (MPC)

Role
Director
Signature
/s/ Molly R. Benson, Attorney-in-Fact for Kim K.W. Rucker
Stock symbol
MPC
Transactions as of
Aug 1, 2023
Transactions value $
-$793,500
Form type
4
Date filed
8/2/2023, 11:23 AM
Previous filing
Jul 5, 2023
Next filing
Aug 15, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MPC Common Stock Sale -$794K -6K -16.78% $132.25 29.8K Aug 1, 2023 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on November 17, 2022.