Form 4: Murphy USA Director Jack T. Taylor Reports Accrual of Dividend Equivalent Units

Director Jack T. Taylor reports the accrual of dividend equivalent units related to restricted stock units (RSUs) in Murphy USA Inc.

Summary

• On March 7, 2024, Jack T. Taylor, a director of Murphy USA Inc., reported the accrual of dividend equivalent units related to previously granted restricted stock units (RSUs).
• These dividend equivalent units represent the right to receive one share of common stock for each unit, subject to the terms and conditions of the corresponding RSUs.
• The reported transactions include accruals on RSUs granted on February 10, 2022, fully vested RSUs issued in lieu of quarterly cash retainers, and RSUs granted on February 14, 2024.
• A total of 0.81, 0.408, and 0.453 dividend equivalent units were accrued related to the RSUs granted on February 10, 2022, in lieu of quarterly cash retainers, and granted on February 14, 2024, respectively.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing the accrual of dividend equivalent units, which is a neutral event.

Industry Context

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

Stakeholder Impact

• The accrual of dividend equivalent units has a minor impact on shareholders, as it reflects the ongoing compensation of a director.

Key Dates