Christopher A. Click - 26 Feb 2024 Form 4 Insider Report for Murphy USA Inc. (MUSA)

Role
SVP, Strategy & Development
Signature
/s/ Gregory L. Smith, attorney-in-fact
Issuer symbol
MUSA
Transactions as of
26 Feb 2024
Net transactions value
-$489,907
Form type
4
Filing time
28 Feb 2024, 16:31:48 UTC
Previous filing
16 Feb 2024
Next filing
11 Mar 2024
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 $212,653 +1,700 +70% $125.09 4,113 26 Feb 2024 Direct
transaction MUSA Common Stock Tax liability $426,635 -1,036 -25% $411.81 3,077 26 Feb 2024 Direct F1
transaction MUSA Common Stock Sale $275,925 -664 -22% $415.55 2,413 26 Feb 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 -1,700 -100% $0.000000* 0 26 Feb 2024 Common Stock 1,700 $125.09 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 February 26, 2024 of $411.81
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.