DEMING CLAIBORNE P 4

What Happened

• Claiborne P. Deming, a director of Murphy USA Inc. (MUSA), was awarded 421 restricted stock units (RSUs) on February 12, 2026. The grant is reported as an acquisition at $0.00 because these are compensation RSUs (derivative securities), not a cash purchase.

Key Details

• Transaction date: 2026-02-12; reported on Form 4 filed 2026-02-17 (filed one business day late).
• Securities: 421 RSUs granted (reported as derivative, acquisition code A) at $0.00 per share.
• Shares owned after transaction: not specified in the filing.
• Footnotes: award granted under the 2023 Omnibus Incentive Plan (F1); these RSUs generally have no conversion price, exercisable date, or expiration date (F2); the reporting person has elected to defer settlement of certain RSUs and accrued dividend equivalent units until termination of Board service (F3); the grant includes dividend equivalent units (F4).
• Filing timeliness: Reported five calendar days after the grant; because Form 4 is normally due within two business days, this was filed late (one business day beyond the usual deadline).

Context

• This is a standard director compensation grant of RSUs (an award), not a market purchase or sale. RSUs typically convert to shares upon vesting/settlement (here deferred to termination per the filing) and do not indicate an immediate cash outlay or sale.