Renee M. Bacon - 11 Feb 2026 Form 4 Insider Report for Murphy USA Inc. (MUSA)

Role
SVP, Sales & Operations
Signature
/s/ Gregory L. Smith, attorney-in-fact
Issuer symbol
MUSA
Transactions as of
11 Feb 2026
Net transactions value
-$758,425
Form type
4
Filing time
13 Feb 2026, 17:36:11 UTC
Previous filing
10 Feb 2026
Next filing
24 Feb 2026
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Bacon Renee M SVP, Sales & Operations 200 PEACH ST., EL DORADO /s/ Gregory L. Smith, attorney-in-fact 13 Feb 2026 0001768052

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MUSA Common Stock Options Exercise $0 +2,011 +34% $0.000000 7,938 11 Feb 2026 Direct F1
transaction MUSA Common Stock Tax liability $287,781 -792 -10% $363.36 7,146 11 Feb 2026 Direct F2
transaction MUSA Common Stock Sale $470,644 -1,219 -17% $386.09 5,927 13 Feb 2026 Direct F3

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 Award $0 +1,378 $0.000000 1,378 11 Feb 2026 Common Stock 1,378 $380.92 Direct F4, F5
transaction MUSA Restricted Stock Unit Award $0 +418 +52% $0.000000 1,224 11 Feb 2026 Common Stock 418 Direct F4, F6, F7
transaction MUSA Restricted Stock Unit Award $0 +1,226 +100% $0.000000 2,450 11 Feb 2026 Common Stock 1,226 Direct F4, F6, F7
transaction MUSA Performance Stock Unit Award $0 +835 +30% $0.000000 3,635 11 Feb 2026 Common Stock 835 Direct F4, F6
transaction MUSA Performance Stock Unit Options Exercise $0 -1,200 -33% $0.000000 2,435 11 Feb 2026 Common Stock 1,200 Direct F6, F8
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 Represents performance-based restricted Stock units that have vested and settled in shares of the Company's stock. Pursuant to the terms of the performance-based grant, the total includes 165.3% of the original award plus shares equivalent in value to accumulated dividends.
F2 Shares withheld for taxes on PSU vesting.
F3 The sale reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on August 11, 2025.
F4 Awarded under the 2023 Omnibus Incentive Plan.
F5 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.
F6 These Securities generally do not carry a Conversion Price, Exercisable Date, or Expiration Date.
F7 Includes dividend equivalent units accrued with respect to the underlying RSUs.
F8 Award granted under the 2013 Long-Term Incentive Plan.