Donald R. Smith Jr - Feb 22, 2024 Form 4 Insider Report for Murphy USA Inc. (MUSA)

Role
VP & Corporate Controller
Signature
/s/ Gregory L. Smith, attorney-in-fact
Stock symbol
MUSA
Transactions as of
Feb 22, 2024
Transactions value $
-$1,234,202
Form type
4
Date filed
2/26/2024, 05:20 PM
Previous filing
Feb 16, 2024
Next filing
Mar 11, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MUSA Common Stock Options Exercise $206K +2.7K +13.43% $76.15 22.8K Feb 23, 2024 Direct
transaction MUSA Common Stock Tax liability -$597K -1.47K -6.79% $407.39 20.1K Feb 23, 2024 Direct F1
transaction MUSA Common Stock Sale -$504K -1.24K -5.42% $407.96 21.6K Feb 23, 2024 Direct
transaction MUSA Common Stock Sale -$339K -840 -4.01% $403.75 20.1K Feb 22, 2024 Direct
holding MUSA Common Stock 558 Feb 22, 2024 Trustee of Company Thrift Plan

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 Stock Option Options Exercise $0 -2.7K -100% $0.00* 0 Feb 23, 2024 Common Stock 2.7K $76.15 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents a net exercise of outstanding stock option. These shares were withheld by the company for payment of the exercise price and applicable taxes using the closing price on February 22, 2024 of $407.39.
F2 Award granted under the 2013 Long-Term Incentive Plan.
F3 The option vests in two equal installments, the first half two years after the grant date and the final half three years after the grant date.