Murphy USA Inc. — Director's Dealing 2025

Feb 12, 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: Phillips Jeanne Linder (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2025-02-10	Common Stock	M	797	—	Acquired	3146	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 (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Restricted Stock Unit	$		Common Stock (322.382)	322.382	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: The reporting person previously included 320.508 fully vested restricted stock units ("RSUs") issued in lieu of the reporting person's quarterly cash retainer. However, those deferred RSUs plus accumulated dividends are now being reflected in the balance set forth in column 9 of Table II and are no longer reflected in Column 5 of Table 1.

F3: These Securities generally do not carry a Conversion Price, Exercisable Date, or Expiration Date.

F4: 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.

F5: The reporting person has elected to defer settlement of restricted stock units and accrued dividend equivalent units in accordance with their deferral election form to the reporting person's termination of service form the Board.