Murphy USA (MUSA) director receives 68 restricted stock units in lieu of cash

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

Taylor Jack T reported acquisition or exercise transactions in this Form 4 filing.

Murphy USA Inc. director Jack T. Taylor received a grant of 68.033 restricted stock units on Common Stock. These fully vested RSUs were issued in lieu of his quarterly cash retainer under the 2023 Omnibus Incentive Plan and include dividend equivalent units. Taylor has elected to defer settlement of the RSUs and related dividend equivalents until his termination of service from the Board. Following this grant, his directly held RSU balance is 1,055.490 units.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Taylor Jack T

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Restricted Stock Unit	68.033	$0.00	--

Holdings After Transaction: Restricted Stock Unit — 1,055.49 shares (Direct)

Footnotes (1)

Award granted under the 2023 Omnibus Incentive Plan. These Securities generally do not carry a Conversion Price, Exercisable Date, or Expiration Date. Represent fully-vested RSUs issued in lieu of the reporting person's quarterly cash retainer(s). The reporting person has elected to defer settlement of RSUs and accrued dividend equivalent units thereon to the reporting person's termination of service from the Board, in accordance with their deferral election form. Includes dividend equivalent units accrued with respect to the underlying RSUs.

Key Figures

RSUs granted: 68.033 units Total RSUs after grant: 1,055.490 units Transaction price per RSU: $0.0000

3 metrics

RSUs granted 68.033 units Restricted Stock Unit grant on Common Stock

Total RSUs after grant 1,055.490 units Directly held RSUs following transaction

Transaction price per RSU $0.0000 Grant price for the RSU award

Key Terms

Restricted Stock Unit, 2023 Omnibus Incentive Plan, dividend equivalent units, deferral election form

4 terms

Restricted Stock Unit financial

"security_title: "Restricted Stock Unit""

A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.

2023 Omnibus Incentive Plan financial

"Award granted under the 2023 Omnibus Incentive Plan."

dividend equivalent units financial

"Includes dividend equivalent units accrued with respect to the underlying RSUs."

deferral election form financial

"in accordance with their deferral election form."

Form 4 Insider Transactions: What Each Field Means →

04/02/2026 - 05:26 PM

SEC Form 4

FORM 4

UNITED 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^*

Taylor Jack T

(Last)

(First)

(Middle)

200 PEACH STREET

(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)

X	Director	10% Owner
	Officer (give title below)	Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
03/31/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form 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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)

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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Restricted Stock Unit⁽¹⁾	⁽²⁾	03/31/2026		A		68.033⁽¹⁾		⁽²⁾⁽³⁾	⁽²⁾⁽³⁾	Common Stock	68.033	$0	1,055.49⁽³⁾⁽⁴⁾	D

Explanation of Responses:

1. Award granted under the 2023 Omnibus Incentive Plan.

2. These Securities generally do not carry a Conversion Price, Exercisable Date, or Expiration Date.

3. Represent fully-vested RSUs issued in lieu of the reporting person's quarterly cash retainer(s). The reporting person has elected to defer settlement of RSUs and accrued dividend equivalent units thereon to the reporting person's termination of service from the Board, in accordance with their deferral election form.

4. Includes dividend equivalent units accrued with respect to the underlying RSUs.

	/s/ Gregory L. Smith, attorney-in-fact	04/02/2026
	** Signature of Reporting Person	Date
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)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did Murphy USA (MUSA) report for Jack T. Taylor?

Murphy USA reported that director Jack T. Taylor received a grant of 68.033 restricted stock units. These RSUs are fully vested, issued in lieu of his quarterly cash retainer, and increase his directly held RSU balance to 1,055.490 units.

How many restricted stock units does Jack T. Taylor hold after this Murphy USA (MUSA) grant?

After the grant, Jack T. Taylor holds 1,055.490 restricted stock units tied to Murphy USA common stock. This includes the newly granted 68.033 fully vested RSUs and previously accumulated units, reflecting his equity-based compensation as a director.

What is the nature of the RSU grant to Jack T. Taylor at Murphy USA (MUSA)?

The RSU grant consists of 68.033 fully vested units awarded under the 2023 Omnibus Incentive Plan. They were issued instead of quarterly cash retainer payments and generally do not carry a conversion price, exercisable date, or expiration date according to the disclosure.

When will Jack T. Taylor’s Murphy USA (MUSA) RSUs be settled?

Jack T. Taylor has elected to defer settlement of his RSUs and related dividend equivalent units until his termination of service from the Board. This means he receives share settlement later rather than at the time of the grant.

Do Jack T. Taylor’s Murphy USA (MUSA) RSUs include dividend equivalents?

Yes. The reported holdings include dividend equivalent units that accrue on the underlying RSUs. These dividend equivalent units are added to his RSU balance and will be settled along with the RSUs under his deferral election.

Under which plan were Jack T. Taylor’s Murphy USA (MUSA) RSUs granted?

The RSUs were granted under Murphy USA’s 2023 Omnibus Incentive Plan. This plan provides equity-based awards, and in this case the RSUs were issued instead of paying the director’s quarterly cash retainer directly in cash.