Form 4: Murphy USA Inc. Executive Segal Blake Reports Accrual of Dividend Equivalent Units

SVP of QuickChek, Blake Segal, reports the accrual of dividend equivalent units related to previously granted RSUs.

Summary

• On June 3, 2024, Blake Segal, SVP of QuickChek at 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 common stock, subject to the terms and conditions of the corresponding RSUs.
• The reported transactions involve dividend equivalent units accrued on RSUs granted on September 13, 2021, February 9, 2022, February 8, 2023, February 14, 2024 and under the 2013 and 2023 Long-Term Incentive Plans and Omnibus Plan.
• The total dividend equivalent units accrued are 0.251, 0.702, 0.548 and 0.446, corresponding to 0.251, 0.702, 0.548 and 0.446 shares of common stock respectively.
• Following the reported transactions, Segal directly owns 3.446, 8.491, 3.891 and 0.905 dividend equivalent units.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing regarding executive compensation, indicating a neutral sentiment.

Industry Context

This filing is a routine disclosure related to executive compensation and is typical for publicly traded companies.

Stakeholder Impact

• The accrual of dividend equivalent units impacts shareholders by potentially diluting equity upon conversion to common stock.

Key Dates