MP4 names a container, not one audio codec
An MP4 file can hold video, audio, subtitles, and descriptive information. Its soundtrack may be encoded in different ways, and one video can contain more than one audio track. MP3 is an audio format, so the conversion goal is to create a listening file from the audio stream rather than keep the full audiovisual package.
If the recording has multiple languages, commentary, or alternate mixes, identify the intended track first. A filename rarely tells you which stream was chosen. Listen to the beginning and several later points in the MP3 before sharing it or discarding the video.