Murphy USA director Deming receives 60.751 stock units

The director's fully vested RSUs were issued in lieu of quarterly cash retainers, with settlement deferred until termination of Board service.

Rhea-AI Filing Summary

Murphy USA Inc. (MUSA) director Claiborne P. Deming received a fully vested award of 60.7510 restricted stock units on September 30, 2026, in lieu of quarterly cash retainers. Deming elected to defer settlement of the RSUs and accrued dividend equivalent units until termination of service from the Board. His reported post-transaction holding was 1,133.7770 RSUs, including accrued dividend equivalent units. The award was granted under the 2023 Omnibus Incentive Plan.

Insider Trade Summary

Grant/Award: 60.751 shares

Grant/Award 1 txn

Insider DEMING CLAIBORNE P

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Restricted Stock Unit F1, F2, F3, F4	60.751	$0.00	$0.00

Holdings After Transaction: Restricted Stock Unit — 1,133.777 contracts (Direct)

Footnotes (4)

1. F1. Award granted under the 2023 Omnibus Incentive Plan.
2. F2. These Securities generally do not carry a Conversion Price, Exercisable Date, or Expiration Date.
3. F3. 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. F4. Includes dividend equivalent units accrued with respect to the underlying RSUs.

Key Figures

Restricted stock units awarded: 60.7510 restricted stock units Post-transaction RSU holdings: 1,133.7770 RSUs Award date: September 30, 2026

3 metrics

Restricted stock units awarded 60.7510 restricted stock units Fully vested award on September 30, 2026

Post-transaction RSU holdings 1,133.7770 RSUs Includes accrued dividend equivalent units

Award date September 30, 2026 Restricted stock unit award

Key Terms

Restricted Stock Unit, dividend equivalent units, defer settlement

3 terms

Restricted Stock Unit financial

"Award granted under the 2023 Omnibus Incentive Plan"

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.

dividend equivalent units financial

"accrued dividend equivalent units thereon"

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.

defer settlement financial

"elected to defer settlement of RSUs"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many MUSA RSUs did Claiborne P. Deming receive?

Claiborne P. Deming, a Murphy USA director, received 60.7510 fully vested restricted stock units on September 30, 2026. The award was issued in lieu of quarterly cash retainers under the 2023 Omnibus Incentive Plan.

When will Claiborne P. Deming's MUSA RSUs settle?

Deming elected to defer settlement of the RSUs and accrued dividend equivalent units until termination of service from the Board, in accordance with the deferral election form.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Available on EDGAR 10/01/2026 - 05:18 PM Accepted by SEC EDGAR 10/01/2026 - 05:18 PM Learn about SEC filing dates

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^*

DEMING CLAIBORNE P

(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)
09/30/2026

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)
			Code	V	Amount	(A) or (D)	Price

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Stock Unit(1)	(2)	09/30/2026		A		60.751(1)		(2)(3)	(2)(3)	Common Stock	60.751	$0	1,133.777(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	10/01/2026
	** 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)