Robert J. Chumley - Feb 9, 2024 Form 4 Insider Report for Murphy USA Inc. (MUSA)

Signature
/s/ Gregory L. Smith, attorney-in-fact
Stock symbol
MUSA
Transactions as of
Feb 9, 2024
Transactions value $
-$133,468
Form type
4
Date filed
2/13/2024, 07:11 PM
Previous filing
Dec 5, 2023
Next filing
Feb 16, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MUSA Common Stock Options Exercise $0 +1.12K +21.15% $0.00 6.41K Feb 9, 2024 Direct F1
transaction MUSA Common Stock Tax liability -$133K -339 -5.29% $393.71 6.07K Feb 9, 2024 Direct F2

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

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction MUSA Restricted Stock Unit Options Exercise $0 -1.1K -45.83% $0.00 1.3K Feb 9, 2024 Common Stock 1.1K Direct F3, F4
transaction MUSA Dividend Equivalent Units Options Exercise $0 -18.9 -99.99% $0.00* 0 Feb 9, 2024 Common Stock 18.9 Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents time-based Restricted Stock Units (RSUs) and corresponding dividend equivalents accrued to the Reporting Person under the 2013 Long Term Incentive Plan that have vested and settled in shares of the Company's stock on a one-for-one basis.
F2 Shares withheld for taxes on RSU vesting.
F3 Reflects an award of RSUs granted under the Plan
F4 These Securities generally do not carry a Conversion Price, Exercisable Date, or Expiration Date.
F5 Reflects dividend equivalent units accrued on RSUs granted to the Reporting Person under the Plan. Each dividend equivalent unit reflects the right to receive common stock, subject to the terms and conditions (including vesting and settlement terms) applicable to the corresponding RSU.