Michael Hennigan sells multiple MPC (NYSE: MPC) 25,000‑share blocks
Filing Impact
Filing Sentiment
Form Type
144
Rhea-AI Filing Summary
MPC: Michael J. Hennigan reported five separate sales of Common Stock, each of 25,000 shares.
Sales occurred on 02/06/2026, 02/26/2026, 03/02/2026, 03/06/2026, and 03/19/2026, with gross proceeds shown as $5,067,712.00, $5,026,648.36, $5,178,547.43, $5,474,652.59, and $5,984,846.75, respectively.
Positive
- None.
Negative
- None.
Insights
Routine Form 144 disclosure of scheduled brokered sales by an affiliate.
Form 144 lists five reported sales by Michael J. Hennigan of Common Stock, each 25,000 shares, with per‑trade gross proceeds recorded on the specified dates. The listing indicates transactions executed through a broker.
These records are disclosure of the sales; cash‑flow treatment and whether trades were pursuant to a plan are not stated in the excerpt.
FAQ
What did the Form 144 filed for MPC disclose?
The filing discloses five separate sales by Michael J. Hennigan of 25,000 common shares each. It lists trade dates and gross proceeds for 02/06/2026, 02/26/2026, 03/02/2026, 03/06/2026, and 03/19/2026 as shown in the excerpt.
Are proceeds for each MPC sale shown in the filing?
Yes, the excerpt shows gross proceeds for each listed trade: $5,067,712.00, $5,026,648.36, $5,178,547.43, $5,474,652.59, and $5,984,846.75 tied to the respective trade dates noted in the filing.
Does the Form 144 state whether sales were part of a trading plan for MPC?
The provided excerpt does not state whether the sales were made under a prearranged trading plan. The filing lists trade dates, share counts, and gross proceeds but does not include language about Rule 10b5‑1 or similar plans in the excerpt.