Form 4: Marathon Petroleum Executive Sells Shares
Insider Transaction (Form 4)
Molly R Benson, Chief Legal Ofc & Corp Sec of Marathon Petroleum Corp, sold 17,196 shares of common stock on August 17, 2026 for $358.57 per share.
Summary
- Option exercise/conversion: acquired 7,196 Common Stock at $47.73 ($343,465) on August 17, 2026; holds 37,530 after (Direct).
- Open-market sale: disposed of 7,196 Common Stock at $358.57 ($2,580,270) on August 17, 2026; holds 30,334 after (Direct).
- Option exercise/conversion: acquired 5,000 Common Stock at $47.73 ($238,650) on August 17, 2026; holds 35,334 after (Direct).
- Open-market sale: disposed of 5,000 Common Stock at $358.57 ($1,792,850) on August 17, 2026; holds 30,334 after (Direct).
- Option exercise/conversion: acquired 5,000 Common Stock at $47.73 ($238,650) on August 17, 2026; holds 35,334 after (Direct).
- Open-market sale: disposed of 5,000 Common Stock at $358.57 ($1,792,850) on August 17, 2026; holds 30,334 after (Direct).
- Option exercise/conversion: disposed of 7,196 Employee Stock Option (right to buy) on August 17, 2026; holds 10,000 after (Direct).
- Option exercise/conversion: disposed of 5,000 Employee Stock Option (right to buy) on August 17, 2026; holds 5,000 after (Direct).
- Option exercise/conversion: disposed of 5,000 Employee Stock Option (right to buy) on August 17, 2026 (Direct).
Sentiment
Score: 4
Explanation: StockSavvy.ai views this as a mildly negative but low-conviction signal: an insider sold $6,165,970 of stock under a pre-arranged Rule 10b5-1 plan, which is typically routine.
Insider Transactions
Molly R Benson — Officer (Chief Legal Ofc & Corp Sec)
Transaction made under a Rule 10b5-1 trading plan.
| Date | Transaction | Security | Shares | Price | Value | Held After |
|---|---|---|---|---|---|---|
| 2026-08-17 | Option exercise/conversion | Common Stock | 7,196 | $48 | $343.5K | 37,530.333 |
| 2026-08-17 | Open-market sale | Common Stock | 7,196 | $359 | $2.6M | 30,334.333 |
| 2026-08-17 | Option exercise/conversion | Common Stock | 5,000 | $48 | $238.7K | 35,334.333 |
| 2026-08-17 | Open-market sale | Common Stock | 5,000 | $359 | $1.8M | 30,334.333 |
| 2026-08-17 | Option exercise/conversion | Common Stock | 5,000 | $48 | $238.7K | 35,334.333 |
| 2026-08-17 | Open-market sale | Common Stock | 5,000 | $359 | $1.8M | 30,334.333 |
| 2026-08-17 | Option exercise/conversion | Employee Stock Option (right to buy) | 7,196 | — | — | 10,000 |
| 2026-08-17 | Option exercise/conversion | Employee Stock Option (right to buy) | 5,000 | — | — | 5,000 |
| 2026-08-17 | Option exercise/conversion | Employee Stock Option (right to buy) | 5,000 | — | — | 0 |
Key Dates
| Date | Description |
|---|---|
| 2026-08-17 | Option exercise/conversion (7,196 shares) |
| 2026-08-17 | Open-market sale (7,196 shares) |
| 2026-08-17 | Option exercise/conversion (5,000 shares) |
| 2026-08-17 | Open-market sale (5,000 shares) |
| 2026-08-17 | Option exercise/conversion (5,000 shares) |
| 2026-08-17 | Open-market sale (5,000 shares) |
| 2026-08-17 | Option exercise/conversion (7,196 shares) |
| 2026-08-17 | Option exercise/conversion (5,000 shares) |
| 2026-08-17 | Option exercise/conversion (5,000 shares) |
Keywords
insider transaction, Form 4, MPC, Marathon Petroleum Corp, bearish, Molly R Benson
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.