Form 4: Click Christopher A reports multiple insider transactions in MUSA
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Click Christopher A reported multiple insider transaction types in a Form 4 filing for MUSA. The filing lists transactions totaling 9,904 shares at a weighted average price of $363.36 per share. Following the reported transactions, holdings were 1,944 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1,100 shares exercised/converted
Mixed
7 txns
Insider
Click Christopher A
Role
EVP, Strategy, Growth & Innova
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option | 1,944 | $0.00 | -- |
| Grant/Award | Performance Stock Unit | 1,178 | $0.00 | -- |
| Grant/Award | Restricted Stock Unit | 589 | $0.00 | -- |
| Grant/Award | Restricted Stock Unit | 2,452 | $0.00 | -- |
| Exercise | Performance Stock Unit | 1,100 | $0.00 | -- |
| Exercise | Common Stock | 1,843 | $0.00 | -- |
| Tax Withholding | Common Stock | 798 | $363.36 | $290K |
Holdings After Transaction:
Stock Option — 1,944 shares (Direct);
Performance Stock Unit — 4,378 shares (Direct);
Restricted Stock Unit — 1,646.827 shares (Direct);
Common Stock — 6,558 shares (Direct)
Footnotes (1)
- Represents performance-based restricted Stock units that have vested and settled in shares of the Company's stock. Pursuant to the terms of the performance-based grant, the total includes 165.3% of the original award plus shares equivalent in value to accumulated dividends. Shares withheld for taxes on PSU vesting. Award granted under the 2023 Omnibus Incentive Plan. The option vests in two equal installments, the first half two years after the grant date and the final half three years after the grant date. These Securities generally do not carry a Conversion Price, Exercisable Date, or Expiration Date. Includes dividend equivalent units accrued with respect to the underlying RSUs. Award granted under the 2013 Long-Term Incentive Plan.
FAQ
What insider transactions did Murphy USA (MUSA) executive Christopher Click report?
Christopher Click reported equity compensation activity including option, performance stock unit, and restricted stock unit grants, plus an exercise of performance units into common shares. Some shares were withheld to cover taxes related to vesting rather than sold in the open market.
Were Christopher Click’s Murphy USA (MUSA) Form 4 transactions open-market buys or sales?
The Form 4 shows no open-market purchases or sales. Activity reflects equity compensation: option, performance stock unit, and restricted stock unit grants, an exercise of performance units into common shares, and shares withheld at $363.36 solely to pay taxes on vested awards.
What stock option grant did Murphy USA (MUSA) report for Christopher Click?
Murphy USA granted Christopher Click stock options covering 1,944 shares with a $380.92 exercise price. The options were awarded under the 2023 Omnibus Incentive Plan and vest in two equal installments, two and three years after the February 11, 2026 grant date.
What are the key details of the performance stock units reported for Murphy USA (MUSA)?
Christopher Click received 1,178 new performance stock units and had 1,100 previously granted performance units convert into 1,843 common shares. The vested performance-based units included 165.3% of the original award plus additional shares equivalent to accumulated dividends, reflecting strong performance conditions.