DAVID B. MILLER - 10 Feb 2025 Form 4 Insider Report for Murphy USA Inc. (MUSA)

Role: Director
Signature: /s/ Gregory L. Smith, attorney-in-fact
Issuer symbol: MUSA
Transactions as of: 10 Feb 2025
Net transactions value: $0
Form type: 4
Filing time: 12 Feb 2025, 17:46:06 UTC
Previous filing: 02 Jan 2025
Next filing: 14 Feb 2025
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	MUSA	Common Stock	Options Exercise	$0	+797	+1.8%	$0.000000	45,616	10 Feb 2025	Direct	F1, 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	-797	-64%	$0.000000	444	10 Feb 2025	Common Stock	797		Direct	F1, F3
holding	MUSA	Restricted Stock Unit						536	10 Feb 2025	Common Stock	536		Direct	F3, F4

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

Explanation of Responses:

Id	Content
F1	Represents Restricted Stock Units ("RSUs") and corresponding dividend equivalents accrued thereon granted to the Reporting Person that have vested and settled in shares of the Company's stock on a one-for-one basis, except for fractional dividend equivalents which have been settled in cash.
F2	Balance adjusted down 18 shares to correct an administrative error on a previously filed form 4.
F3	These Securities generally do not carry a Conversion Price, Exercisable Date, or Expiration Date.
F4	Represent fully-vested RSUs issued in lieu of the reporting person's quarterly cash retainer(s). The reporting person has elected to defer settlement of RSUs and accrued dividend equivalent units thereon to the reporting person's termination of service from the Board, in accordance with their deferral election form.