Murphy USA Inc.·4

Jul 1, 5:36 PM ET

Taylor Jack T 4

Research Summary

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Murphy USA (MUSA) Director Jack T. Taylor Receives Award

What Happened

  • Jack T. Taylor, a director of Murphy USA (MUSA), received an award of 59.109 restricted stock units (RSUs) on 2026-06-30. The RSUs show an acquisition price of $0.00 on the Form 4 because they are equity awards rather than an open-market purchase or sale. No immediate cash value or sale was reported in this filing.

Key Details

  • Transaction date: 2026-06-30; Form 4 filed: 2026-07-01 (appears timely).
  • Transaction type/code: A — grant/award (derivative securities, RSUs).
  • Amount: 59.109 RSUs; reported price: $0.00 (award).
  • Shares owned after transaction: Not specified in the filing.
  • Footnotes from the filing:
    • Award granted under the 2023 Omnibus Incentive Plan.
    • These securities generally do not carry a conversion price, exercisable date, or expiration date.
    • The RSUs are fully vested and were issued in lieu of quarterly cash retainer(s); Taylor elected to defer settlement of the RSUs and accrued dividend equivalent units until termination of board service.
    • Includes dividend equivalent units accrued on the underlying RSUs.

Context

  • These are RSU awards (derivative equity), not an open-market purchase or sale. Because Taylor elected to defer settlement, no shares were delivered immediately; value will be realized (if any) when the deferred RSUs are settled per the deferral election.
  • Awards issued in lieu of cash retainers are common for non-employee directors and do not necessarily indicate an immediate change in the insider's view of the company.