Murphy USA insider Clyde R Andrew adds 155,757.432 shares via inheritance
Rhea-AI Filing Summary
Clyde R Andrew, who is listed as President & CEO and a Director of Murphy USA Inc. (MUSA), reported transactions dated 10/02/2025 on a Form 4. The filing shows non‑derivative activity in Common Stock that includes an inheritance distribution: 155,757.432 shares are reported in association with the transaction and the filer notes that no purchase price was paid for those shares. The report also references 1,532.126 shares tied to a 401(k) plan and separately cites 75,422 shares held by a limited partnership; the 401(k) component includes 2.162 shares acquired through a plan statement dated 10/06/2025. The Form 4 was signed via attorney‑in‑fact on 10/06/2025.
Positive
- Increased insider ownership via inheritance: 155,757.432 shares reported
- Transparent disclosure of 401(k) plan holdings including 2.162 shares (plan statement dated 10/06/2025)
Negative
- None.
Insights
Insider ownership rose through an inheritance distribution, increasing reported beneficial holdings.
The filing records an acquisition of 155,757.432 shares via inheritance on 10/02/2025, with an explicit statement that no purchase price was paid. Such non‑purchase acquisitions increase the reporting person's beneficial stake without an open‑market purchase.
Higher insider ownership can align management and shareholder interests but does not by itself indicate operational changes; monitor future filings for any sales or exercises within the next 12 months to see if holdings are retained or monetized.
Transaction type (inheritance) has different tax and disclosure implications than market purchases.
An inheritance distribution reported as 155,757.432 shares implies a transfer of existing shares rather than compensation or market activity; the filer confirms no purchase price. The report also notes 1,532.126 shares in a 401(k) plan, including 2.162 shares recorded on a plan statement dated 10/06/2025.
Tax consequences for the reporting person depend on basis and local rules; for shareholders, the key practical effect is the change in disclosed beneficial ownership on public records effective 10/02/2025.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| I | Common Stock | 105 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- Shares received upon inheritance distribution. No purchase price was paid in connection with this transaction. Includes 2.162 shares acquired through the reporting person's 401(k) Plan. The information in this report is based on a plan statement dated October 6, 2025.
