Form 4: Murphy USA Director Goebel Reports Accrual of Dividend Equivalent Units
SEC Form 4 Filing
Director David Goebel reports the accrual of dividend equivalent units related to restricted stock units.
Summary
- David Goebel, a director of Murphy USA Inc., reported the accrual of dividend equivalent units on outstanding restricted stock units (RSUs).
- These units were granted under the 2013 Stock Plan for Non-employee Directors and the 2023 Omnibus Incentive Plan.
- The transactions occurred on September 5, 2024.
- The dividend equivalent units reflect the right to receive one share of common stock, subject to the terms and conditions applicable to the corresponding RSUs.
- Specifically, 0.699 units accrued on RSUs granted on February 10, 2022, resulting in a total of 10.232 units.
- Additionally, 0.537 units accrued on RSUs granted on February 9, 2023, resulting in a total of 4.831 units.
- Finally, 0.391 units accrued on RSUs granted on February 15, 2024, resulting in a total of 1.285 units.
- The reporting person has elected to defer settlement of restricted stock units and accrued dividend equivalent units until termination of service from the Board.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing and does not contain information that would significantly impact investor sentiment.
Industry Context
This filing is a routine disclosure related to executive compensation and is typical for publicly traded companies.
Stakeholder Impact
- Shareholders may be interested in this information as it relates to executive compensation.
Key Dates
| Date | Description |
|---|---|
| 02/10/2022 | Date of RSU grant for which dividend equivalent units accrued. |
| 02/09/2023 | Date of RSU grant for which dividend equivalent units accrued. |
| 02/15/2024 | Date of RSU grant for which dividend equivalent units accrued. |
| 09/05/2024 | Date of transaction: Accrual of dividend equivalent units. |
| 09/09/2024 | Date of signature on the Form 4 filing. |
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