MUSA Director David B. Miller Receives 47.742 RSUs

What Happened David B. Miller, a director of Murphy USA, was granted 47.742 restricted stock units (RSUs) on 2026-06-30. The award is recorded at $0.00 because it’s a grant (derivative securities), not a cash purchase or sale. These RSUs were issued in lieu of Miller’s quarterly cash retainer and are fully vested but settlement has been deferred until his termination of Board service; the grant also includes dividend equivalent units.

Key Details

• Transaction date: 2026-06-30; Form 4 filed: 2026-07-01 (appears timely under the two-business-day rule).
• Instrument: 47.742 RSUs (derivative award), reported at $0.00; transaction code A (award/grant).
• Shares owned after the transaction: not stated in the filing.
• Footnotes: grant under the 2023 Omnibus Incentive Plan; RSUs generally carry no conversion price/exercise/expiration; award issued in lieu of cash retainer and deferred per the director’s election; includes accrued dividend equivalents.

Context RSUs are a form of compensation giving the holder the right to receive shares (or cash equivalent) at settlement. Because these RSUs were granted as director compensation and settlement is deferred, this is a routine compensation event rather than an open-market purchase or sale and should not be read as a direct bullish or bearish trading signal.