CHUMLEY ROBERT J 4
4 · Murphy USA Inc. · Filed Feb 9, 2026
Research Summary
AI-generated summary of this filing
Murphy USA (MUSA) SVP Robert Chumley Exercises RSUs, Sells Shares
What Happened
Robert J. Chumley, Senior Vice President of Innovation at Murphy USA, had 558 time‑based restricted stock units (RSUs) vest and settle into common shares on February 6, 2026. The RSUs converted to shares at no exercise price ($0.00). To cover tax withholding, 258 of those shares were surrendered/withheld at a market value of $397.42 per share, totaling $102,534. Net shares issued to Chumley after withholding were 300.
Key Details
- Transaction date: 2026-02-06; Form 4 filed: 2026-02-09 (appears timely).
- RSUs converted/settled: 558 shares (exercise/conversion code M, $0.00 exercise price).
- Shares withheld for taxes: 258 shares at $397.42 each = $102,534 (tax withholding code F).
- Net newly owned shares from this vesting: 300 (558 − 258).
- Footnotes: awards were time‑based RSUs under the 2013 Long Term Incentive Plan and include accrued dividend equivalents; withheld shares were used to satisfy tax obligations.
- Shares owned after the transaction were not provided in the supplied data.
Context
This was a routine vesting/settlement of RSUs with share withholding to cover taxes (a cashless-like withholding), not an open‑market sale or purchase that signals active trading intent. RSU vesting is common compensation and does not by itself indicate insider buying or selling for investment purposes.
Insider Transaction Report
- Exercise/Conversion
Common Stock
[F1]2026-02-06+558→ 10,259.228 total - Tax Payment
Common Stock
[F2]2026-02-06$397.42/sh−258$102,534→ 10,001.228 total - Exercise/Conversion
Restricted Stock Unit
[F3][F4][F1][F5]2026-02-06−558→ 755.815 total→ Common Stock (558 underlying)
Footnotes (5)
- [F1]Represents time-based Restricted Stock Units (RSUs) and corresponding dividend equivalents accrued to the Reporting Person under the 2013 Long Term Incentive Plan that have vested and settled in shares of the Company's stock on a one-for-one basis.
- [F2]Shares withheld for taxes on RSU vesting.
- [F3]Represents Restricted Stock Unit Award granted under the 2013 Long-term Incentive Plan.
- [F4]These Securities generally do not carry a Conversion Price, Exercisable Date, or Expiration Date.
- [F5]Includes dividend equivalent units accrued with respect to the underlying RSUs.