DEMING CLAIBORNE P 4

What Happened

• Claiborne P. Deming, a director of Murphy USA (MUSA), was granted 56.835 restricted stock units (RSUs) on 2026-06-30. The RSUs were issued as an award (transaction code A) at $0.00 per share and are reported as derivative securities.
• These RSUs were issued in lieu of the director’s quarterly cash retainer and are fully vested. The reporting person elected to defer settlement of the RSUs (and accrued dividend equivalents) until termination of Board service.

Key Details

• Transaction date: 2026-06-30; Filing date: 2026-07-01 (Form 4 covering the period 2026-06-30).
• Security: 56.835 RSUs acquired at $0.00 (derivative award).
• Plan/footnotes: Award under the 2023 Omnibus Incentive Plan; RSUs generally have no conversion price, exercisable date, or expiration; these RSUs were issued in lieu of quarterly cash retainers and settlement is deferred to termination of service; includes accrued dividend equivalent units.
• Shares owned after transaction: not specified in the filing.
• Timeliness: Filing appears timely (filed the day after the reporting period end).

Context

• This is a compensation award (routine director compensation) rather than a purchase or sale. Awards issued in lieu of cash retainers and deferred RSUs are common for non-employee directors and do not by themselves indicate insider buying or selling sentiment.