Form 4: Murphy USA Director Acquires Shares Through Restricted Stock Units

Director Claiborne P Deming acquired shares of Murphy USA Inc. through fully-vested restricted stock units (RSUs) in lieu of quarterly cash retainers.

Summary

• Claiborne P Deming, a director of Murphy USA Inc., acquired 71.565 shares of common stock on March 29, 2024.
• The acquisition was made through fully-vested restricted stock units (RSUs) issued in lieu of quarterly cash retainers payable under the issuer's director compensation policy.
• The price per share was $419.2.
• Following the transaction, Deming directly owns 257,726.351 shares of common stock.
• Deming also indirectly owns 394,884 shares as a beneficiary of trusts and 12,110 shares through a spouse.

Sentiment

Score: 6

Explanation: Neutral sentiment as it reflects a standard transaction related to director compensation. The director increasing their holdings is generally a positive sign, but it's part of a pre-determined compensation plan.

Positives

• The acquisition of shares by a director can be seen as a positive sign, indicating confidence in the company's future performance.

Future Outlook

The RSUs will settle in shares in connection with the reporting person's separation from service.

Industry Context

This is a routine disclosure related to director compensation and stock ownership, common in publicly traded companies.

Stakeholder Impact

• The transaction could have a minor positive impact on shareholder sentiment due to the director increasing their stake in the company.

Key Dates