West Malynda K 4
4 · Murphy USA Inc. · Filed Jan 20, 2026
Insider Transaction Report
Form 4
Murphy USA Inc.MUSA
West Malynda K
DirectorPresident & CEO
Transactions
- Exercise/Conversion
Common Stock
[F1]2026-01-15$106.72/sh+9,200$981,824→ 126,588.642 total - Tax Payment
Common Stock
[F2]2026-01-15$444.63/sh−5,233$2,326,749→ 121,355.642 total - Exercise/Conversion
Stock Option
[F4][F1][F5]2026-01-15−9,200→ 0 totalExercise: $106.72Exp: 2027-02-05→ Common Stock (9,200 underlying)
Holdings
- 874.192(indirect: By 401(k))
Common Stock
[F3]
Footnotes (5)
- [F1]The option exercise reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on August 12, 2025.
- [F2]Represents a net exercise of outstanding stock options. These shares were withheld by the Company for payment of the exercise price and applicable taxes, using the closing price on January 14, 2025 of $444.63.
- [F3]Includes .899 shares acquired through the reporting person's 401(k) Plan. The information in this report is based on a plan statement dated January 20, 2026.
- [F4]Award granted under the 2013 Long-term incentive Plan.
- [F5]The option vests in two equal installments, the first half two years after the grant date and the final half three years after the grant date.
Signature
/s/ Gregory L. Smith, attorney-in-fact|2026-01-20