Claiborne P. Deming - Sep 7, 2023 Form 4 Insider Report for Murphy USA Inc. (MUSA)

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Ownership	Footnotes
transaction	MUSA	Dividend Equivalent Units	Award	$0	+1.34	+9.44%	$0.00	15.6	Sep 7, 2023	Common Stock	1.34	Direct	F1, F2
transaction	MUSA	Dividend Equivalent Units	Award	$0	+0.971	+15.92%	$0.00	7.07	Sep 7, 2023	Common Stock	0.971	Direct	F1, F3
transaction	MUSA	Dividend Equivalent Units	Award	$0	+0.746	+45.21%	$0.00	2.4	Sep 7, 2023	Common Stock	0.746	Direct	F1, F4
transaction	MUSA	Dividend Equivalent Units	Award	$0	+0.26	+173.33%	$0.00	0.411	Sep 7, 2023	Common Stock	0.26	Direct	F1, F5

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Id	Content
F1	Reflects the accrual of dividend equivalent units on outstanding restricted stock units ("RSUs") granted to the Reporting Person under the 2013 Stock Plan for Non-employee Directors. Each dividend equivalent unit reflects the right to receive one share of common stock, subject to the terms and conditions (including vesting and settlement terms) applicable to the corresponding RSUs.
F2	Reflects the accrual of dividend equivalent units on RSUs granted to the Reporting Person on February 8, 2021.
F3	Reflects the accrual of dividend equivalent units on RSUs granted to the Reporting Person on February 10, 2022.
F4	Reflects the accrual of dividend equivalent units on RSUs granted to the Reporting Person on February 9, 2023.
F5	Reflects the accrual of dividend equivalent units on fully vested RSUs issued to the Reporting Person in lieu of quarterly cash retainer(s) payable under the issuer's compensation policy.