Form 4: Murphy USA Inc. Executive Segal Reports Stock Transactions
SEC Form 4 Filing
SVP Blake Segal reports the vesting and settlement of restricted stock units and related tax withholding.
Summary
- On September 13, 2024, Blake Segal, SVP of QuickChek at Murphy USA Inc., reported transactions involving common stock and derivative securities.
- Segal acquired 254 shares of common stock through the vesting of Restricted Stock Units (RSUs) under the 2013 Long Term Incentive Plan.
- Additionally, 130 shares were withheld for taxes related to the RSU vesting at a price of $535.5.
- Segal also reported transactions involving dividend equivalent units and Restricted Stock Units, with 3.669 dividend equivalent units and 250 Restricted Stock Units vesting on the same date.
- Following these transactions, Segal beneficially owns 602 shares of common stock directly and 1,700 derivative securities.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions by an executive. It doesn't inherently convey positive or negative sentiment.
Industry Context
This Form 4 filing is a routine disclosure of insider transactions, which are common for executives receiving stock-based compensation. It provides transparency into the trading activities of company insiders.
Stakeholder Impact
- The transactions have a minor impact on shareholders as they reflect routine executive compensation.
Key Dates
| Date | Description |
|---|---|
| 09/13/2024 | Date of earliest transaction: vesting of RSUs and dividend equivalent units. |
| 09/16/2024 | Date of signature on the Form 4 filing. |
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