secwatch.observer — SEC 8-K summary
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Issuer:     Marathon Petroleum Corp (MPC)
CIK:        0001510295
Form:       8-K
Filed at:   2026-05-01T23:59:59+00:00
Accession:  0001510295-26-000033
Event type: other_material
Sentiment:  negative
Materiality: 0.15
Item codes: 5.07
LLM model:  deepseek-v4-flash:cloud@v2

Marathon Petroleum shareholders reelect directors, reject board declassification and supermajority removal
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- Maryann T. Mannen, Eileen P. Paterson, J. Michael Stice, John P. Surma elected board directors with >90% of votes cast.
- Ratification of PricewaterhouseCoopers as independent auditor for 2026 passed with 254.4M votes for.
- Advisory say-on-pay on named executive officer compensation approved with 202.1M votes for.
- Board declassification amendment failed; received 206.1M votes for but required 80% of 294.5M outstanding shares.
- Supermajority elimination amendment also failed, receiving 205.8M votes for, short of 80% threshold.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1510295/000151029526000033/0001510295-26-000033-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1510295/000151029526000033/mpc-20260429.htm
  HTML page:      https://secwatch.observer/filing/0001510295-26-000033

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer