Murphy USA Inc. — Director's Dealing 2023

Feb 7, 2023

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Murphy USA Inc. (MUSA)
CIK: 0001573516
Period of Report: 2023-02-03

Reporting Person: CHUMLEY ROBERT J (SVP, Chief Digital Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2023-02-03	Common Stock	M	1250	—	Acquired	2620.228	Direct
2023-02-03	Common Stock	M	17.387	—	Acquired	2637.615	Direct
2023-02-03	Common Stock	F	585	$253.77	Disposed	2052.615	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2023-02-03	Restricted Stock Unit	$	M	1250	Disposed		Common Stock (1250)	Direct
2023-02-03	Dividend Equivalent Units	$	M	17.387	Disposed		Common Stock (17.387)	Direct

Footnotes

F1: Represents time-based Restricted Stock Units (RSUs) and corresponding dividend equivalents accrued to the Reporting Person under the 2013 Long Term Incentive Plan that have vested and settled in shares of the Company's stock on a one-for-one basis.

F2: Shares withheld for taxes on RSU vesting.

F3: Reflects an award of RSUs granted under the Plan

F4: These Securities generally do not carry a Conversion Price, Exercisable Date, or Expiration Date.

F5: Reflects the accrual of dividend equivalent units on outstanding restricted stock units ("RSUs") granted to the Reporting Person under the 2013 Long-Term Incentive Plan. Each dividend equivalent unit reflects the right to receive common stock, subject to the terms and conditions (including vesting and settlement terms) applicable to the corresponding RSUs.