STOCK TITAN

Murphy USA (MUSA) SVP nets 600 option shares with tax withholding and sale

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Murphy USA Inc. senior vice president Scott G. Woodward reported several equity transactions involving company common stock. On May 5, 2026, he exercised stock options to acquire 600 shares of common stock, then used 442 shares to cover the option exercise price and applicable taxes through share withholding, based on a $592.81 closing price noted in a footnote.

He also completed an open-market sale of 158 shares at $600.50 per share. After these transactions, the filing shows 476 common shares held directly and 3,829.509 shares held indirectly through a 401(k) Plan, including 8.966 shares acquired via that plan as of a May 5, 2026 statement.

Positive

  • None.

Negative

  • None.
Insider Woodward Scott G.
Role SVP, Chief Merchandising Off.
Sold 158 shs ($95K)
Type Security Shares Price Value
Exercise Stock Option 350 $0.00 --
Exercise Stock Option 250 $0.00 --
Exercise Common Stock 350 $0.00 --
Tax Withholding Common Stock 240 $592.81 $142K
Exercise Common Stock 250 $0.00 --
Tax Withholding Common Stock 202 $592.81 $120K
Sale Common Stock 158 $600.50 $95K
holding Common Stock -- -- --
Holdings After Transaction: Stock Option — 0 shares (Direct, null); Common Stock — 826 shares (Direct, null); Common Stock — 3,829.509 shares (Indirect, 401(k) Plan)
Footnotes (1)
  1. Represents a net exercise of outstanding stock options. These shares were withheld by the Company for payment of the exercise price and applicable taxes, using the closing price on May 4, 2026, of $592.81. Includes 8.966 shares acquired through the reporting person's 401(k) Plan. The information in this report is based on a plan statement dated May 5, 2026. Award granted under the 2013 Long-term Incentive Plan. 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. Granted under the 2023 Omnibus Incentive Plan.
Open-market sale 158 shares at $600.50 Common stock sale on May 5, 2026
Options exercised 600 shares Derivative exercises converting into common stock
Tax and exercise withholding 442 shares at $592.81 Shares withheld to pay exercise price and taxes
Option strike prices $391.54 and $263.48 Exercise prices for 250 and 350 stock options
Direct holdings after 476 shares Common stock held directly post-transactions
Indirect 401(k) holdings 3,829.509 shares Common stock in 401(k) Plan as of May 5, 2026
401(k) recent acquisition 8.966 shares Shares acquired through 401(k) Plan per statement
net exercise financial
"Represents a net exercise of outstanding stock options."
401(k) Plan financial
"Includes 8.966 shares acquired through the reporting person's 401(k) Plan."
A 401(k) plan is a workplace retirement account that lets employees set aside part of their pay into a tax-advantaged savings pot, often with employers adding matching contributions — like a workplace piggy bank for future income. It matters to investors because the amount people save and how employers fund these plans influence consumer spending, corporate payroll costs and the flow of money into financial markets, which can affect stock prices and company valuations.
Long-term Incentive Plan financial
"Award granted under the 2013 Long-term Incentive Plan."
A long-term incentive plan is a company program that pays executives or employees with stock, options, or cash tied to multi-year performance goals, where the rewards become theirs only after meeting conditions over time. Think of it as a delayed bonus or retirement-style reward that aligns employees’ interests with shareholders by encouraging them to boost long-term value; investors watch these plans because they affect pay costs, share dilution and management incentives.
Omnibus Incentive Plan financial
"Granted under the 2023 Omnibus Incentive Plan."
An omnibus incentive plan is a single, flexible program a company uses to give employees and executives different types of pay tied to performance — for example stock options, restricted shares, cash bonuses and other awards — all governed by one set of rules. It matters to investors because it determines how many new shares may be created, how leaders are motivated and how much the company will spend on compensation over time; think of it as a master toolbox that affects both costs and the total share supply.
stock options financial
"Represents a net exercise of outstanding stock options."
Stock options are agreements that give a person the right to buy or sell a company's stock at a specific price within a certain time frame. They are often used as a reward or incentive, similar to a coupon that can be used later if the stock price rises, allowing the holder to make a profit.
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a 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). See Instruction 10.
1. Name and Address of Reporting Person*
Woodward Scott G.

(Last)(First)(Middle)
200 E. PEACH STREET
MURPHY USA

(Street)
EL DORADO ARKANSAS 71730

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Murphy USA Inc. [ MUSA ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
SVP, Chief Merchandising Off.
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/05/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock05/05/2026M350A$0826D
Common Stock05/05/2026F(1)240D$592.81586D
Common Stock05/05/2026M250A$0836D
Common Stock05/05/2026F(1)202D$592.81634D
Common Stock05/05/2026S158D$600.5476D
Common Stock3,829.509(2)I401(k) Plan
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Stock Option(3)$263.4805/05/2026M350 (4)02/08/2030Common Stock350$00D
Stock Option(5)$391.5405/05/2026M250 (4)02/14/2031Common Stock250$0250D
Explanation of Responses:
1. Represents a net exercise of outstanding stock options. These shares were withheld by the Company for payment of the exercise price and applicable taxes, using the closing price on May 4, 2026, of $592.81.
2. Includes 8.966 shares acquired through the reporting person's 401(k) Plan. The information in this report is based on a plan statement dated May 5, 2026.
3. Award granted under the 2013 Long-term Incentive Plan.
4. 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.
5. Granted under the 2023 Omnibus Incentive Plan.
/s/ Gregory L. Smith, attorney-in-fact05/06/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transactions did Murphy USA (MUSA) report for Scott G. Woodward?

Murphy USA reported that SVP Scott G. Woodward exercised stock options for 600 common shares, had 442 shares withheld to cover exercise price and taxes, and sold 158 shares in an open-market transaction, all dated May 5, 2026.

How many Murphy USA (MUSA) shares did Scott G. Woodward sell in this Form 4?

The Form 4 shows Scott G. Woodward sold 158 shares of Murphy USA common stock. The reported sale price was $600.50 per share, and the transaction is characterized as an open-market or private sale of non-derivative common stock.

What stock options did Scott G. Woodward exercise in Murphy USA (MUSA)?

Scott G. Woodward exercised stock options covering 600 shares of Murphy USA common stock. These consisted of 250 options with a $391.54 exercise price and 350 options with a $263.48 exercise price, both reported as derivative exercises converting into common stock.

How were taxes and exercise costs paid for Scott G. Woodward’s Murphy USA (MUSA) option exercise?

The filing states the net option exercise used 442 shares withheld by the company to pay the exercise price and applicable taxes. The withholding used Murphy USA’s $592.81 closing stock price on May 4, 2026, according to the footnote.

What are Scott G. Woodward’s Murphy USA (MUSA) share holdings after these transactions?

After the reported transactions, the Form 4 lists 476 shares of Murphy USA common stock held directly by Scott G. Woodward and 3,829.509 shares held indirectly through a 401(k) Plan, based on a plan statement dated May 5, 2026.

How many Murphy USA (MUSA) shares were withheld for tax obligations in this Form 4?

The summary data indicates 442 shares of Murphy USA common stock were used for tax-withholding related purposes. Two transactions coded “F” show 202 and 240 shares delivered to satisfy the option exercise price and tax liabilities as part of a net option exercise.