Murphy USA Inc. — Director's Dealing 2025

Feb 13, 2025

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Murphy USA Inc. (MUSA)
CIK: 0001573516
Period of Report: 2025-02-10

Reporting Person: DEMING CLAIBORNE P (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2025-02-10	Common Stock	M	797	—	Acquired	257548	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2025-02-10	Restricted Stock Unit	$	M	797	Disposed		Common Stock (797)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	394884	Indirect
Common Stock	12110	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Restricted Stock Unit	$		Common Stock (642.536)	642.536	Direct

Footnotes

F1: Represents Restricted Stock Units ("RSUs") and corresponding dividend equivalents accrued thereon granted to the Reporting Person that have vested and settled in shares of the Company's stock on a one-for-one basis, except for fractional dividend equivalents which have been settled in cash.

F2: These Securities generally do not carry a Conversion Price, Exercisable Date, or Expiration Date.

F3: Represent fully-vested RSUs issued in lieu of the reporting person's quarterly cash retainer(s). The reporting person has elected to defer settlement of RSUs and accrued dividend equivalent units thereon to the reporting person's termination of service from the Board, in accordance with their deferral election form.

F4: The reporting person has elected to defer settlement of certain restricted stock units and accrued dividend equivalent units thereon to the reporting person's termination of service from the Board, in accordance with their deferral election form.