Murphy USA officer proposes $753K share sale

The listed acquisition history includes 188 and 402 shares from restricted-stock vesting in February 2025 and 870 shares from a stock-option exercise dated November 2, 2026.

Available on EDGAR 11/02/2026 - 05:10 PM EST Accepted by SEC EDGAR 11/02/2026 - 05:10 PM EST Learn about SEC filing dates

Rhea-AI Filing Summary

Donald R. Smith, Jr., an officer of Murphy USA Inc. (MUSA), submitted notice of a proposed sale of 1,460 common shares, with an aggregate market value of $752,850.75. Fidelity Brokerage Services LLC is listed as the broker, with November 2, 2026, as the approximate sale date and NYSE as the exchange.

Key Figures

Common shares proposed for sale: 1,460 shares Aggregate market value: $752,850.75 Shares outstanding: 18,099,913 shares +3 more

6 metrics

Common shares proposed for sale 1,460 shares Proposed sale by Donald R. Smith, Jr.

Aggregate market value $752,850.75 Shares listed for the proposed sale

Shares outstanding 18,099,913 shares Issuer share count listed in the notice

Restricted-stock vesting 188 shares Acquired February 9, 2025

Restricted-stock vesting 402 shares Acquired February 12, 2025

Stock-option exercise 870 shares Dated November 2, 2026

Key Terms

Rule 144, Restricted Stock Vesting, Stock Option Exercise

3 terms

Rule 144 regulatory

"See the definition of "person" in paragraph (a) of Rule 144."

Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.

Restricted Stock Vesting financial

"Nature of acquisition: Restricted Stock Vesting"

Restricted stock vesting is the timetable and conditions under which shares granted to employees or insiders become fully owned and can be sold, typically requiring continued work or meeting performance goals. It matters to investors because large blocks of shares can become tradable at once, which can change share supply and price, and because vesting aligns insiders’ incentives with the company’s long‑term performance—think of it like a timed unlock that both rewards and locks in key people.

Stock Option Exercise financial

"Nature of acquisition: Stock Option Exercise"

A stock option exercise is the act of using a previously granted right to buy shares of a company's stock at a specific, predetermined price by paying that price and receiving the shares. It matters to investors because exercising changes who owns the shares (which can dilute existing ownership), can trigger taxable events and shift potential gains or losses, and affects voting power and the company’s outstanding share count—like turning a voucher into an actual product that becomes part of circulating supply.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many MUSA shares does Donald R. Smith, Jr. plan to sell?

The notice covers a proposed sale of 1,460 common shares with an aggregate market value of $752,850.75.

How were the MUSA shares listed for sale acquired?

The listed acquisitions include 188 shares from restricted-stock vesting on February 9, 2025, 402 shares from restricted-stock vesting on February 12, 2025, and 870 shares from a stock-option exercise on November 2, 2026.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK	0001583749
Filer CCC	XXXXXXXX
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer	Murphy USA Inc.
SEC File Number	001-35914
Address of Issuer	200 PEACH STREET EL DORADO ARKANSAS 71730-5836
Phone	(870) 875-7600
Name of Person for Whose Account the Securities are To Be Sold	Smith Donald R Jr
See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.
Relationship to Issuer	Officer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common	Fidelity Brokerage Services LLC 900 Salem Street Smithfield RI 02917	1460	752850.75	18099913	11/02/2026	NYSE

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	02/09/2025	Restricted Stock Vesting	Issuer			188	02/09/2025	Compensation
Common	02/12/2025	Restricted Stock Vesting	Issuer			402	02/12/2025	Compensation
Common	11/02/2026	Stock Option Exercise	Issuer			870	11/02/2026	Cash

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Nothing to Report

144: Remarks and Signature

Remarks
Date of Notice	11/02/2026
ATTENTION:
The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.
Signature	/s/ Margaret Campbell, as a duly authorized representative of Fidelity Brokerage Services LLC, as attorney-in-fact for Donald R. Smith
ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)