[8-K] Murphy USA Inc. Reports Material Event

Rhea-AI Filing Summary

Murphy USA Inc. (MUSA) announced a leadership change. Executive Vice President and Chief Financial Officer Galagher Jeff departed effective October 14, 2025. The company stated his departure was not due to any disagreement regarding operations, financial performance, or condition.

Effective October 14, 2025, the Board appointed Donald R. Smith Jr., the company’s Vice President, Chief Accounting Officer and Treasurer, as interim Chief Financial Officer. Mr. Smith, age 53, has served at Murphy USA since the 2013 spin-off from Murphy Oil Corporation and previously spent over 14 years at KPMG, departing as a Senior Manager in Audit and Assurance.

Insights

Corporate governance analyst

CFO departure with immediate interim appointment; neutral.

Murphy USA disclosed its CFO, Galagher Jeff, departed effective October 14, 2025. The filing states the departure was not due to any disagreement related to operations or the company’s financial performance or condition, which helps contain uncertainty around financial reporting.

The Board appointed Donald R. Smith Jr. as interim CFO effective the same date. Smith is Vice President, Chief Accounting Officer and Treasurer, has been with the company since the 2013 spin-off, and previously held roles at KPMG for over 14 years. This background suggests continuity in accounting leadership.

Actual impact depends on how long the interim period lasts and any subsequent permanent appointment. Subsequent filings may provide additional details on the transition.

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UNITED STATES SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

PURSUANT TO SECTION 13 OR 15(d) OF THE

SECURITIES EXCHANGE ACT OF 1934

Date of report (Date of earliest event reported): October 14, 2025

MURPHY USA INC.

(Exact name of registrant as specified in its charter)

Delaware						001-35914			46-2279221
(State or other jurisdiction of incorporation)						(Commission File Number)			(IRS Employer Identification No.)
200 Peach Street
El Dorado,			Arkansas						71730-5836
(Address of principal executive offices)									(Zip Code)

(870) 875-7600

(Registrant's telephone number, including area code)

Not Applicable

(Former Name or Former Address, if Changed Since Last Report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class			Trading symbol(s)			Name of each exchange on which registered
Common Stock, $0.01 Par Value			MUSA			New York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

☐ Emerging growth company

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 5.02.   Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

On October 17, 2025, Murphy USA Inc. ("Murphy USA" or “the Company”) announced the departure of Galagher Jeff, Executive Vice President and Chief Financial Officer, effective October 14, 2025. Mr. Jeff’s departure from the Company is not the result of any disagreement with the Company regarding any matters related to its operations or otherwise related to the Company’s financial performance or condition.

Additionally, effective as of October 14, 2025, the Board of Directors of the Company (the “Board”) appointed Donald R. Smith Jr., current Vice President, Chief Accounting Officer and Treasurer, to also serve as the Company’s interim Chief Financial Officer. Mr. Smith, age 53, has been employed by Murphy USA since its 2013 spin-off from Murphy Oil Corporation, initially serving as Vice President and Controller (and designated as Chief Accounting Officer for reporting purposes). In 2024, Mr. Smith was also named as the Company’s Treasurer. Prior to his service at Murphy USA, Mr. Smith served in progressive roles for over 14 years at KPMG, LLP and departed from KPMG as a Senior Manager in the Audit and Assurance Practice.

There are no family relationships between Mr. Smith and any officer or director of the Company, or any other arrangement or understanding between Mr. Smith and any other person pursuant to which he was appointed as interim Chief Financial Officer. Mr. Smith does not have any direct or indirect material interest in any transaction required to be disclosed pursuant to Item 404(a) of Regulation S-K.

Item 9.01.  Financial Statements and Exhibits

(d) Exhibits

 

						Exhibit Index
Exhibit Number						Description
104						Cover Page Interactive Data File - the cover page interactive data file does not appear in the Interactive Data File because its XBRL tags are embedded within the Inline XBRL document

*Furnished herewith

Signature

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

						MURPHY USA INC.
Date:			October 17, 2025			By:  /s/  Gregory L. Smith
						Gregory L. Smith
						Vice President, General Counsel and Corporate Secretary

FAQ

What did MUSA announce in this 8-K?

Murphy USA announced the departure of its CFO, Galagher Jeff, effective October 14, 2025, and named Donald R. Smith Jr. as interim CFO effective the same date.

Did MUSA indicate any disagreement related to the CFO’s departure?

The company stated the departure was not due to any disagreement regarding operations, financial performance, or condition.

Who is the interim CFO at MUSA?

Donald R. Smith Jr., currently Vice President, Chief Accounting Officer and Treasurer, was appointed interim CFO effective October 14, 2025.

What is Donald R. Smith Jr.’s background?

He has served at Murphy USA since the 2013 spin-off and previously spent over 14 years at KPMG, departing as a Senior Manager in Audit and Assurance.

Are there any related party or Item 404(a) transactions for the interim CFO?

The company disclosed that Mr. Smith has no direct or indirect material interest in any transaction requiring disclosure under Item 404(a) of Regulation S‑K.