Murphy USA Inc. — Director's Dealing 2024

May 22, 2024

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Murphy USA Inc. (MUSA)
CIK: 0001573516
Period of Report: 2024-05-21

Reporting Person: Smith Donald R Jr (VP & Corporate Controller)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2024-05-21	Common Stock	M	2000	—	Acquired	22099.207	Direct
2024-05-21	Common Stock	F	1146	$443.94	Disposed	20953.207	Direct
2024-05-21	Common Stock	S	854	$438.75	Disposed	20099.207	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2024-05-21	Stock Option	$106.72	M	2000	Disposed	2027-02-05	Common Stock (2000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	558.305	Indirect

Footnotes

F1: Represents a net exercise of outstanding stock options. These shares were withheld by the Company for payment of the exercise price and applicable taxes, using the closing price on May 21, 2024 of $443.94.

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.