Form 4: Murphy USA Inc. Executive Donald R. Smith Jr. Reports Stock Option Exercise and Share Transactions

Donald R. Smith Jr., VP & Corporate Controller of Murphy USA Inc., reports exercising stock options and subsequent share transactions on May 21, 2024.

Summary

• On May 21, 2024, Donald R. Smith Jr., VP & Corporate Controller of Murphy USA Inc., exercised stock options for 2,000 shares of common stock.
• The exercise price was $106.72 per share.
• Following the exercise, 1,146 shares were withheld by the company for payment of the exercise price and applicable taxes at a price of $443.94.
• Smith also sold 854 shares at $438.75 per share.
• After these transactions, Smith directly owns 20,099.207 shares of common stock and indirectly owns 558.305 shares through a company thrift plan.
• The transactions were reported on Form 4, filed with the SEC on May 22, 2024.

Sentiment

Score: 5

Explanation: Neutral sentiment as it's a standard SEC filing reporting insider transactions.

Industry Context

This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. Investors monitor these filings for insights into management's perspective on the company's stock.

Stakeholder Impact

• The transactions may have a minor impact on shareholders due to the change in ownership, but it's unlikely to be significant.

Key Dates