Summary
This 8-K/A filing from Marathon Petroleum Corporation (MPC) is an amendment to a previous report filed on July 7, 2011. The primary purpose of this amendment is to correct a factual error regarding equity awards granted to a named executive officer. Specifically, the number of restricted stock shares granted to J. Michael Wilder on July 1, 2011, was incorrectly reported in the initial filing. Investors should note that this amendment clarifies a detail related to executive compensation. The original report concerned the grant of equity awards under the MPC Amended and Restated 2011 Incentive Compensation Plan. This filing corrects the number of restricted stock shares granted to J. Michael Wilder from 4,740 to the accurate figure of 4,147. This correction is important for precise understanding of executive compensation disclosures.
Key Highlights
- 1Amendment to a previously filed Form 8-K from July 7, 2011.
- 2Correction of the number of restricted stock shares granted to J. Michael Wilder.
- 3Original reported grant for J. Michael Wilder was 4,740 shares.
- 4Corrected grant for J. Michael Wilder is 4,147 shares.
- 5Equity award was granted on July 1, 2011, under the MPC Amended and Restated 2011 Incentive Compensation Plan.
- 6This is a factual correction, not indicative of new strategic or financial developments.