STOCK TITAN

Director at Murphy USA (MUSA) sells 3,000 shares and makes equal gift

Filing Impact
(High)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

Murphy USA director Diane N. Landen reported multiple share movements. She sold 3,000 shares of common stock in an open-market transaction at $547.25 per share and made a separate bona fide gift of 3,000 shares. After these transactions, she holds 53,841 shares directly, plus additional indirect holdings through various trusts and family accounts.

Positive

  • None.

Negative

  • None.
Insider Landen Diane N
Role null
Sold 3,000 shs ($1.64M)
Type Security Shares Price Value
Sale Common Stock 3,000 $547.25 $1.64M
Gift Common Stock 3,000 $0.00 --
holding Common Stock -- -- --
holding Common Stock -- -- --
holding Common Stock -- -- --
holding Common Stock -- -- --
Holdings After Transaction: Common Stock — 53,841 shares (Direct, null); Common Stock — 34,688 shares (Indirect, As Trustee & Beneficiary)
Footnotes (1)
Open-market sale 3,000 shares at $547.25 Non-derivative common stock sale on 2026-06-05
Bona fide gift 3,000 shares at $0.00 Non-derivative common stock gift on 2026-06-05
Direct holdings after transactions 53,841 shares Common stock directly owned following reported transactions
Net shares sold 3,000 shares transactionSummary netBuySellShares with net-sell direction
Gifted shares count 3,000 shares transactionSummary giftShares reported as bona fide gift
bona fide gift financial
"transaction_code_description: "Bona fide gift""
A bona fide gift is a genuine, voluntary transfer of money, property, or benefits from one party to another made without expectation of repayment, services, or hidden conditions. Investors care because such gifts can affect company disclosures, related‑party transaction rules, tax treatment, and perceived conflicts of interest; think of it like someone giving you a present with no strings attached — but on a corporate scale, auditors and regulators need to verify it really is unconditional.
open-market sale financial
"transaction_action: "open-market sale" for 3,000 shares"
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
indirect ownership financial
"ownership_type: "indirect" with Trustee & Beneficiary of Family Trust"
Form 4 regulatory
"INSIDER FILING DATA (Form 4): reporting transactions in common stock"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
Trustee & Beneficiary of Family Trust financial
"nature_of_ownership: "Trustee & Beneficiary of Family Trust""
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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*
Landen Diane N

(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)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/05/2026
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 Stock06/05/2026S3,000D$547.2553,841D
Common Stock06/05/2026G3,000D$050,841D
Common Stock34,688IAs Trustee & Beneficiary
Common Stock5,160ISelf, Trustee For My Children
Common Stock2,043IShares Held Jointly With Spouse & Children
Common Stock42,149ITrustee & Beneficiary of Family Trust
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
Explanation of Responses:
/s/ Gregory L. Smith, attorney-in-fact06/09/2026
** 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) director Diane N. Landen report?

Diane N. Landen reported two main transactions: an open-market sale of 3,000 Murphy USA common shares and a separate bona fide gift of 3,000 shares. Both transactions occurred on the same date and are disclosed as non-derivative common stock movements.

At what price did Diane N. Landen sell Murphy USA (MUSA) shares?

She sold 3,000 Murphy USA common shares at $547.25 per share. This transaction is classified as an open-market or private sale of non-derivative common stock, reflecting a direct disposition of shares rather than any option exercise or derivative conversion.

How many Murphy USA (MUSA) shares did Diane N. Landen gift?

She transferred 3,000 Murphy USA common shares as a bona fide gift. The reported price per share is $0.00, consistent with a non‑compensated transfer. Gift transactions do not represent market sales and therefore carry different implications from open‑market dispositions.

What are Diane N. Landen’s direct Murphy USA (MUSA) holdings after these transactions?

Following the reported sale and gift, Diane N. Landen directly holds 53,841 Murphy USA common shares. This figure reflects her remaining direct ownership position after both the 3,000‑share open‑market sale and the separate 3,000‑share bona fide gift transaction.

Does Diane N. Landen have indirect Murphy USA (MUSA) share holdings?

Yes. She reports several indirect Murphy USA holdings, including shares as trustee and beneficiary of family trusts, as self trustee for her children, and shares held jointly with spouse and children. Each indirect position is disclosed separately with its own share balance and ownership description.

How many Murphy USA (MUSA) shares did Diane N. Landen sell in total?

She sold 3,000 Murphy USA common shares in an open-market or private transaction. The filing’s transaction summary shows a sellCount of one and total sellShares of 3,000, resulting in a net-sell direction when buy and sell activity are aggregated.