Murphy USA Inc. — Director's Dealing 2023

Nov 20, 2023

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Murphy USA Inc. (MUSA)
CIK: 0001573516
Period of Report: 2023-11-16

Reporting Person: Bridges Jennifer (SVP, Asset Development)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2023-11-16	Common Stock	M	2400	—	Acquired	6435	Direct
2023-11-16	Common Stock	F	1317	$367.51	Disposed	5118	Direct
2023-11-16	Common Stock	S	2268	$365.41	Disposed	2850	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2023-11-16	Stock Option	$71.00	M	2400	Disposed	2026-02-06	Common Stock (2400)	Direct

Footnotes

F1: Represents a net exercise of outstanding stock option. These shares were withheld by the company for payment of the exercise price and applicable taxes using the closing price on November 15, 2023 of $367.51.

F2: Award granted under the 2013 Long-term Incentive Plan.

F3: The option vests in two equal installments, the first half two years after the grant date and the final half three years after the grant date.