Emery Keith A. 4

What Happened Keith A. Emery, Senior Vice President of Fuels at Murphy USA (MUSA), reported an open-market sale of 899 shares on February 26, 2026. The shares were disposed at $382.53 each for a total proceeds of approximately $343,894. This was a sale (transaction code S), which is often routine and does not by itself indicate the insider's view of the company.

Key Details

• Transaction date and price: 2026-02-26 — 899 shares sold at $382.53 per share.
• Total value: ~$343,894.
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Footnotes/plan: No 10b5-1 plan, tax withholding, or other special footnotes disclosed in the excerpt.
• Filing timeliness: Form 4 was filed on 2026-02-27 (the day after the trade), which appears to be a timely filing under standard Form 4 rules.

Context Open-market sales by executives can reflect routine diversification or liquidity needs and are not definitive indicators of company prospects. Because no 10b5‑1 or other explanation was reported in the excerpt, there is no additional detail on the reason for the sale. Retail investors should consider this alongside other insider trades and company fundamentals.