Welcome to our dedicated page for Murphy Usa SEC filings (Ticker: MUSA), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Murphy USA Inc. filings document the company’s retail motor fuel and convenience merchandise operations, including results of operations, fuel contribution, merchandise margins, same-store sales measures, store growth, operating expenses and fuel supply activity. Current reports include earnings releases, dividend declarations, investor presentation materials and capital allocation disclosures such as share repurchases.
Proxy and governance filings cover board matters, executive compensation, equity incentive awards, shareholder voting items and leadership appointments. The filing record also reflects Regulation FD disclosures, Item 2.02 financial results, Item 5.02 officer and director changes, and Inline XBRL cover-page data tied to the company’s public reporting obligations.
Murphy USA Inc. President & CEO Malynda K. West reported an option exercise and share withholding. On January 15, 2026, West exercised 9,200 stock options at an exercise price of $106.72 per share, receiving 9,200 shares of common stock. On the same date, 5,233 shares of common stock were withheld by the company to cover the option exercise price and applicable taxes, using a closing price of $444.63 as described in the footnotes. After these transactions, West directly owned 121,355.642 shares of Murphy USA common stock and indirectly held 874.192 shares through a 401(k) plan. The filing notes that the option exercise was carried out under a Rule 10b5-1 trading plan adopted on August 12, 2025.
Murphy USA Inc. updated investors on executive pay decisions tied to its leadership transition. The Board’s Executive Compensation Committee approved a compensation package for new CEO Mindy K. West effective January 1, 2026, including an annual base salary of $1,000,000, a target annual cash incentive equal to 150% of base salary, and a 2026 long-term incentive award with a targeted grant value of $5,000,000 under the 2023 Omnibus Incentive Plan.
The Committee also approved one-time retention awards for four senior executives: $1,000,000 in target grant date value for Chris A. Click and $500,000 each for Renee M. Bacon, Robert J. Chumley, and Donald R. Smith, Jr. These awards will be granted as time-based restricted stock units that cliff vest on the third anniversary of the expected February 11, 2026 grant date, generally requiring continued employment to vest.
Murphy USA Inc.'s President & CEO Malynda K. West reported option exercises and share sales in company stock. On January 6, 2026, she exercised 8,000 stock options at an exercise price of $76.15 per share, receiving the same number of common shares. Part of these shares, 3,949, were withheld by the company to cover the option exercise price and applicable taxes, based on a closing price of $416.54 on January 5, 2025.
On January 7, 2026, West sold 4,051 shares of Murphy USA common stock at a price of $425 per share. After these transactions, she directly owned 117,388.642 shares of common stock and indirectly owned 873.293 shares through a 401(k) plan. The option exercise and sale were carried out under a Rule 10b5-1 trading plan adopted on August 12, 2025.
Murphy USA Inc. insider plans to sell common stock under Rule 144. A holder has filed to potentially sell 4,051 shares of Murphy USA common stock through Fidelity Brokerage Services on the NYSE. The planned sale has an aggregate market value of $1,721,675.00 based on the filing. These shares were acquired from the issuer on 01/06/2026 via a stock option exercise paid in cash, and the approximate sale date listed is 01/07/2026. Murphy USA had 18,734,447 shares of this class outstanding, providing context for the size of the potential transaction.
Murphy USA Inc. director reported a new equity award in the form of restricted stock units. On 12/31/2025, the director acquired 76.734 fully vested RSUs of Murphy USA common stock at a price of $0 under the company’s 2023 Omnibus Incentive Plan. These RSUs were issued in lieu of the director’s quarterly cash retainer.
After this grant, the director beneficially owned 946.875 derivative securities, which include RSUs and related dividend equivalent units. Settlement of the RSUs and accrued dividend equivalents has been deferred until the director’s termination of service from the Board, consistent with the director’s deferral election.
Murphy USA Inc. director equity grant and deferral reported. A company director reported receiving 64.457 fully vested restricted stock units (RSUs) of Murphy USA common stock on 12/31/2025 under the 2023 Omnibus Incentive Plan. These RSUs, together with previously granted and dividend equivalent units, bring the director’s beneficially owned derivative securities to 791.772 units, held directly.
The RSUs were issued in lieu of the director’s quarterly cash retainer, reflecting equity-based board compensation. The director has elected to defer settlement of the RSUs and related dividend equivalent units until termination of service from the board, so shares will not be delivered until that time.
Murphy USA Inc. director reports grant of deferred stock units. A board member of Murphy USA Inc. (ticker MUSA) filed a Form 4 reporting an award of 79.804 restricted stock units of common stock on 12/31/2025 under the company’s 2023 Omnibus Incentive Plan. These units were issued fully vested in lieu of the director’s quarterly cash retainer and carry no exercise price.
The director elected to defer settlement of these RSUs, and related dividend equivalent units, until their termination of service from the board. Following this transaction, the director beneficially owns 985.87 derivative securities linked to Murphy USA common stock, held in direct ownership.
Murphy USA Inc. director reports no current share ownership. A Form 3 beneficial ownership report was filed for a director of Murphy USA Inc. (ticker MUSA) as of an event on 12/10/2025. The filing shows that the reporting person holds 0 shares of Murphy USA common stock in Table I, listed as directly owned. Table II, which would list options or other derivative securities, does not show any derivative positions. This indicates the director had no reportable direct or indirect equity or derivative ownership in Murphy USA at the time of the reported event.
A director of Murphy USA Inc. reported a gift of 768 shares of common stock on 12/15/2025 at a price of $0 per share. After this transaction, the director directly owns 256,780 Murphy USA common shares. The report also lists indirect beneficial ownership of 394,884 shares as beneficiary of trusts and 12,110 shares held by the director’s spouse.
Murphy USA is moving ahead with its previously announced leadership change, as Chief Executive Officer R. Andrew Clyde will retire from the CEO role and Board on December 31, 2025, and President and Chief Operating Officer Mindy K. West will become CEO and join the Board on January 1, 2026.
In connection with her promotion, Ms. West entered into a Severance Protection Agreement that, upon certain qualifying terminations within 24 months after a change in control, provides a lump-sum cash payment equal to two times her annual base salary plus target annual cash bonus and 24 months of continued health, dependent life and accident benefits, in exchange for 12 months of non-competition and non-solicitation obligations and perpetual confidentiality. Mr. Clyde signed a Transition and Advisory Services Agreement under which he will serve as a non-executive full-time employee through February 28, 2026 and then as a non-employee advisor through February 28, 2027, continue to receive his annual base salary rate, and be subject to 18 months of non-competition and non-solicitation covenants and perpetual confidentiality.