Form 4: Murphy USA Executive Accumulates Dividend Equivalent Units
SEC Form 4 Filing
Christopher A. Click, SVP of Strategy & Development at Murphy USA Inc., reports the acquisition of dividend equivalent units related to previously granted RSUs.
Summary
- Christopher A. Click, a Senior Vice President at Murphy USA Inc., reported the acquisition of dividend equivalent units.
- These units are related to previously granted Restricted Stock Units (RSUs).
- The transactions occurred on March 7, 2024.
- The dividend equivalent units were accrued on RSUs granted on February 9, 2022, February 8, 2023, and February 14, 2024.
- The reporting person now directly owns 7.789, 3.343, and 0.561 dividend equivalent units related to the 2022, 2023, and 2024 grants respectively.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing regarding executive compensation.
Industry Context
This filing is a routine disclosure related to executive compensation and is typical for publicly traded companies.
Stakeholder Impact
- The acquisition of dividend equivalent units has a minimal direct impact on shareholders.
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 | Transaction date for acquisition of dividend equivalent units |
| 03/11/2024 | Date of Form 4 filing |
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