Robert J. Chumley - Nov 8, 2024 Form 4 Insider Report for Murphy USA Inc. (MUSA)

Signature
/s/ Gregory L. Smith, attorney-in-fact
Stock symbol
MUSA
Transactions as of
Nov 8, 2024
Transactions value $
-$2,270,674
Form type
4
Date filed
11/12/2024, 05:36 PM
Previous filing
Sep 9, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MUSA Common Stock Options Exercise $0 +4.4K +68.24% $0.00 10.8K Nov 8, 2024 Direct
transaction MUSA Common Stock Tax liability -$1.28M -2.52K -23.25% $508.29 8.33K Nov 8, 2024 Direct F1
transaction MUSA Common Stock Sale -$989K -1.88K -22.56% $526.50 6.45K Nov 11, 2024 Direct

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 -4.4K -100% $0.00 0 Nov 8, 2024 Common Stock 4.4K $126.00 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 options. These shares were withheld by the Company for payment to the exercise price and applicable taxes using the closing price on November 7, 2024 of $508.29.
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.