Form 4: Murphy USA Director Sells $6.9 Million in Common Stock
SEC Form 4 Filing
Robert Madison Murphy, a director at Murphy USA Inc., sold 13,454 shares of common stock at a price of $514.38 on August 8, 2024.
Summary
- On August 8, 2024, Robert Madison Murphy, a director of Murphy USA Inc. (MUSA), sold 13,454 shares of common stock.
- The sale price was $514.38 per share.
- Following the transaction, Murphy directly owns 382,930 shares.
- Murphy also indirectly owns 41,379 shares through a spouse, and 1,963 shares as trustee for his children.
Sentiment
Score: 5
Explanation: This is a neutral disclosure of a stock sale by a director. It doesn't inherently indicate positive or negative sentiment about the company's prospects.
Industry Context
This is a routine disclosure of a transaction by a company insider. It's common for directors and officers to buy and sell shares of their company's stock, and these transactions are reported to the SEC to ensure transparency.
Stakeholder Impact
- The sale of shares by a director could be perceived neutrally or slightly negatively by shareholders, depending on the context and the director's reasons for selling.
Key Dates
| Date | Description |
|---|---|
| 08/08/2024 | Date of the transaction: Robert Madison Murphy sold shares of MUSA. |
| 08/09/2024 | Date of signature on the Form 4 filing. |
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