Murphy USA (NYSE: MUSA) director Deming receives 56.835 fully vested RSUs
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
DEMING CLAIBORNE P reported acquisition or exercise transactions in this Form 4 filing.
Murphy USA Inc. director Claiborne P. Deming received a grant of 56.835 restricted stock units (RSUs) tied to Murphy USA common stock. The award was made at $0.00 per unit under the 2023 Omnibus Incentive Plan and represents a fully vested grant in lieu of quarterly cash retainers.
After this award, Deming now holds a total of 1,071.799 RSUs. According to the disclosure, settlement of these RSUs, including accrued dividend equivalent units, has been deferred until Deming’s termination of service from the board.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
DEMING CLAIBORNE P
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Unit | 56.835 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Unit — 1,071.799 shares (Direct, null)
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: 56.835 RSUs
RSU holdings after grant: 1,071.799 RSUs
Grant price per unit: $0.00 per RSU
+1 more
4 metrics
RSUs granted
56.835 RSUs
Grant on 2026-06-30 under 2023 Omnibus Incentive Plan
RSU holdings after grant
1,071.799 RSUs
Total RSUs following reported transaction
Grant price per unit
$0.00 per RSU
Compensation award, not open-market purchase
Underlying security
56.835 shares common stock
Underlying shares linked to new 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" and underlying security is common stock"
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."
Dividend equivalent units are bookkeeping credits that mirror cash dividends paid on actual shares, granted to holders of stock-based awards such as restricted stock units or deferred compensation. They matter to investors because they increase a company’s reported employee compensation cost and can lead to issuance of more shares or cash payouts over time, similar to extra pay linked to ownership that affects shareholder dilution and corporate cash flow.
deferral election form financial
"in accordance with their deferral election form."
FAQ
What insider transaction did Murphy USA (MUSA) director Claiborne Deming report?
Murphy USA director Claiborne P. Deming reported receiving 56.835 restricted stock units. The RSUs are fully vested, granted in lieu of quarterly cash retainers, and linked to Murphy USA common stock, with settlement deferred until his board service ends.
How many Murphy USA RSUs does Claiborne Deming hold after this Form 4 filing?
Following the reported grant, Claiborne P. Deming holds a total of 1,071.799 restricted stock units. This figure includes the newly awarded 56.835 RSUs and reflects accumulated units, including related dividend equivalent units, as disclosed in the filing.
What is the price per unit for Claiborne Deming’s new Murphy USA RSU grant?
The reported price per unit for Claiborne Deming’s new RSU award is $0.00. This indicates the grant is a compensation award, not an open-market purchase, and is issued under the company’s 2023 Omnibus Incentive Plan for director remuneration.
Under which plan were Claiborne Deming’s Murphy USA RSUs granted?
The RSUs were granted under Murphy USA’s 2023 Omnibus Incentive Plan. This plan governs equity-based compensation awards such as restricted stock units that the company issues to directors and other eligible participants as part of their overall compensation structure.
Do Claiborne Deming’s Murphy USA RSUs include dividend equivalent units?
Yes. The disclosure notes that the reported holdings include dividend equivalent units accrued on the underlying RSUs. Dividend equivalent units mirror dividends on common stock and increase the total number of RSUs credited to the director’s account over time.