Form 4: Murphy USA CEO Andrew Clyde R Reports Accrual of Dividend Equivalent Units
SEC Form 4 Filing
Andrew Clyde R, President & CEO of Murphy USA Inc., reports the accrual of dividend equivalent units related to previously granted RSUs.
Summary
- On March 7, 2024, Andrew Clyde R, the President & CEO of Murphy USA Inc., reported the accrual of dividend equivalent units related to previously granted Restricted Stock Units (RSUs).
- These dividend equivalent units reflect the right to receive common stock, subject to the terms and conditions applicable to the corresponding RSUs.
- The accruals are related to RSUs granted on February 9, 2022 (7.52 units), February 8, 2023 (5.894 units), and February 14, 2024 (4.844 units).
- The reporting person directly owns 81.214 dividend equivalent units.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing regarding executive compensation, indicating a neutral sentiment.
Industry Context
This filing is a routine disclosure related to executive compensation and is typical for companies that grant stock-based awards.
Stakeholder Impact
- Shareholders may be interested in executive compensation details.
Key Dates
| Date | Description |
|---|---|
| 02/09/2022 | Date of RSU grant related to dividend equivalent units. |
| 02/08/2023 | Date of RSU grant related to dividend equivalent units. |
| 02/14/2024 | Date of RSU grant related to dividend equivalent units. |
| 03/07/2024 | Date of transaction: Accrual of dividend equivalent units. |
| 03/11/2024 | Date of signature on the Form 4 filing. |
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