Ex VP Henschen sells 6,336 shares at $268.82 avg (blended) for $1.7M; retains 16.9K shares post-sale
Michael A Ii Henschen, former VP of Refining at Marathon Petroleum, executed 2 separate sales totaling 6,336 shares for $1,703,271.58 at a blended average price of $268.82 on 2026-06-04, reducing his non-derivative holdings by 27.3% to 16,900 shares. The transaction occurred near the 52-week high (current price $263.58 is -3.3% from $272.46 peak) and after a sharp 90-day rally of +16.5%. His prior sale at MPC on 2026-02-12 posted a +23.1% 90-day return afterward—meaning the stock rose after he sold, indicating poorly timed prior exits at this ticker. The current sale's proximity to recent peaks contrasts with his historical pattern at MPC, though the significance is moderate given the partial nature of the reduction and his retention of substantial remaining equity in the company.