Murphy USA (MUSA) director logs RSU grant and 349-share conversion
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Murphy USA director Robert Madison Murphy reported equity award activity and updated share holdings. On February 12, 2026, he received a grant of 421 Restricted Stock Units (RSUs) at $0 per unit under the 2023 Omnibus Incentive Plan.
On February 13, 2026, 349 RSUs were exercised and settled into 349 shares of common stock at $0. After these transactions, he directly holds 421 RSUs, while indirect common stock holdings total 383,712 shares by trust, 41,379 shares by spouse, and 2,308 shares as trustee for his children.
The RSUs and related dividend equivalents vest and settle one-for-one in Murphy USA stock, with fractional dividend equivalents paid in cash, and generally do not carry a separate conversion price or expiration date.
Positive
- None.
Negative
- None.
Insider Trade Summary
349 shares exercised/converted
Mixed
6 txns
Insider
MURPHY ROBERT MADISON
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit | 349 | $0.00 | -- |
| Exercise | Common Stock | 349 | $0.00 | -- |
| Grant/Award | Restricted Stock Unit | 421 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Unit — 421 shares (Direct);
Common Stock — 383,712 shares (Indirect, By Trust);
Common Stock — 0 shares (Direct)
Footnotes (1)
- Represents Restricted Stock Units ("RSUs") and corresponding dividend equivalents accrued thereon granted to the Reporting Person that have vested and settled in shares of the Company's stock on a one-for-one basis, except for fractional dividend equivalents which have been settled in cash. Award granted under the 2023 Omnibus Incentive Plan. These Securities generally do not carry a Conversion Price, Exercisable Date, or Expiration Date.
FAQ
What insider transactions did MURPHY ROBERT MADISON report at Murphy USA (MUSA)?
He reported an RSU grant and a related conversion. On February 12, 2026, he received 421 Restricted Stock Units, then on February 13, 2026, 349 RSUs were exercised and settled into 349 shares of Murphy USA common stock at $0 per share.
How many Restricted Stock Units does the Murphy USA (MUSA) director hold after this Form 4?
He holds 421 Restricted Stock Units directly after the transactions. A 421-unit RSU award was granted, and a separate 349-unit RSU exercise left 421 RSUs reported as beneficially owned directly by the director following these events.
Under what plan were the Murphy USA (MUSA) RSUs granted to the director?
The RSUs were granted under the 2023 Omnibus Incentive Plan. The filing states that the award of 421 Restricted Stock Units and corresponding dividend equivalents was made pursuant to Murphy USA’s 2023 Omnibus Incentive Plan for equity-based compensation.
Do the Murphy USA (MUSA) RSUs reported carry a conversion price or expiration date?
The RSUs generally do not have a conversion price or expiration date. The explanation notes these securities typically lack a separate conversion price, exercisable date, or expiration date, and instead vest and settle directly into Murphy USA common stock.
How are dividend equivalents on Murphy USA (MUSA) RSUs settled for this director?
Dividend equivalents mostly settle in stock, with fractions in cash. The RSUs include corresponding dividend equivalents that vest and settle one-for-one in Murphy USA shares, except fractional dividend equivalents, which are settled in cash instead of additional fractional shares.