Bacon Renee M 4

4 · Murphy USA Inc. · Filed Feb 10, 2026

AI-generated summary of this filing

Updated Feb 10, 2026

Murphy USA (MUSA) SVP Renee Bacon Sells 353 Shares

What Happened

Renee M. Bacon, Senior VP, Sales & Operations at Murphy USA (MUSA), had 609 time‑based RSUs vest and settle into 609 shares on Feb 6, 2026 (treated as a conversion/exercise). Of those, 256 shares were withheld to cover taxes (value $101,740), and the remaining 353 shares were sold in the open market on Feb 10, 2026 for $373.39 each, generating $131,807. This is a routine sale following RSU vesting rather than a purchase.

Key Details

Transaction dates and prices:
- 2026-02-06: 609 RSUs vested/settled into 609 shares (acquired at $0 per share under RSU settlement).
- 2026-02-06: 256 shares withheld for taxes at $397.42 per share (tax withholding value $101,740).
- 2026-02-10: 353 shares sold in open market at $373.39 per share (sale proceeds $131,807).
Transaction codes: M = exercise/conversion of derivative (RSU settlement), F = tax withholding, S = open‑market sale.
Footnotes of note:
- Vesting/settlement were RSUs and dividend equivalents under the 2013 Long Term Incentive Plan (one‑for‑one share settlement).
- The sale was executed under a Rule 10b5‑1 trading plan adopted Aug 11, 2025.
Shares owned after the transactions: not specified in the Form 4.

Context

This sequence is a standard RSU vest-and-sell flow: RSUs vested and converted to shares, some shares were withheld to satisfy tax obligations, and the remainder sold (consistent with a cashless settlement pattern). The sale was executed pursuant to a preexisting 10b5‑1 plan. The filing was submitted within the normal reporting window.

Form 4

Period: 2026-02-06

SVP, Sales & Operations

Transactions

Exercise/Conversion
Common Stock
[F1]
2026-02-06+609→ 6,536.3 total
Tax Payment
Common Stock
[F2]
2026-02-06$397.42/sh−256$101,740→ 6,280.3 total
Sale
Common Stock
[F3]
2026-02-10$373.39/sh−353$131,807→ 5,927.3 total
Exercise/Conversion
Restricted Stock Unit
[F4][F5][F1][F6]
2026-02-06−609→ 806.085 total
→ Common Stock (609 underlying)

Footnotes (6)

[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]The sale reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on August 11, 2025.
[F4]Represents Restricted Stock Unit Award granted under the 2013 Long-term Incentive Plan.
[F5]These Securities generally do not carry a Conversion Price, Exercisable Date, or Expiration Date.
[F6]Includes dividend equivalent units accrued with respect to the underlying RSUs.

Signature

/s/ Gregory L. Smith, attorney-in-fact|2026-02-10

1 file