Murphy USA Inc. — Director's Dealing 2026

Feb 13, 2026

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Murphy USA Inc. (MUSA)
CIK: 0001573516
Period of Report: 2026-02-11

Reporting Person: Emery Keith A. (SVP Fuels)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2026-02-11	Common Stock	M	838	—	Acquired	1267	Direct
2026-02-11	Common Stock	F	368	$363.36	Disposed	899	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2026-02-11	Stock Option	$380.92	A	809	Acquired	2033-02-11	Common Stock (809)	Direct
2026-02-11	Performance Stock Unit	$	A	490	Acquired		Common Stock (490)	Direct
2026-02-11	Restricted Stock Unit	$	A	245	Acquired		Common Stock (245)	Direct
2026-02-11	Restricted Stock Unit	$	A	1226	Acquired		Common Stock (1226)	Direct
2026-02-11	Performance Stock Unit	$	M	500	Disposed		Common Stock (500)	Direct

Footnotes

F1: Represents performance-based restricted Stock units that have vested and settled in shares of the Company's stock. Pursuant to the terms of the performance-based grant, the total includes 165.3% of the original award plus shares equivalent in value to accumulated dividends.

F2: Shares withheld for taxes on PSU vesting.

F3: Award granted under the 2023 Omnibus Incentive Plan.

F4: 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.

F5: These Securities generally do not carry a Conversion Price, Exercisable Date, or Expiration Date.

F6: Includes dividend equivalent units accrued with respect to the underlying RSUs.

F7: Award granted under the 2013 Long-term Incentive Plan.