Form 4: Murphy USA Inc. Executive Segal Blake Reports Accrual of Dividend Equivalent Units
SEC Form 4
SVP of QuickChek, Blake Segal, reports the accrual of dividend equivalent units related to previously granted RSUs in Murphy USA Inc.
Summary
- On March 7, 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 reflect the right to receive common stock, subject to the terms and conditions applicable to the corresponding RSUs.
- The accruals are related to RSUs granted on September 13, 2021 (0.258 units), February 9, 2022 (0.721 units), February 8, 2023 (0.564 units), and February 14, 2024 (0.459 units).
- Following these transactions, Segal directly owns 3.195, 7.789, 3.343 and 0.459 dividend equivalent units respectively.
Sentiment
Score: 5
Explanation: This is a neutral report on routine compensation accruals.
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 has a minor impact on shareholders as it relates to executive compensation.
Key Dates
| Date | Description |
|---|---|
| 09/13/2021 | Date of RSU grant related to dividend equivalent units. |
| 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 | Date of transaction: Accrual of dividend equivalent units. |
| 03/11/2024 | Date of Form 4 filing. |
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