Murphy Oil (MUR) director adjusts phantom stock and receives new RSU grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Murphy Oil Corp director Jeffrey W. Nolan reported routine equity compensation adjustments. On July 1, he exercised 2,174 phantom stock units, each economically equivalent to one share of common stock, which were settled in cash, and a matching 2,174 shares of common stock were disposed of back to the issuer at $31.51 per share.
He also received a grant of 845 restricted stock units under the 2026 Stock Plan for Non-Employee Directors, issued in lieu of quarterly cash retainers and subject to deferred settlement elections. Following these updates, he directly holds 266,930 shares of common stock, 33,772 phantom stock units, and 62,655 restricted stock units, alongside several indirect common stock holdings in family-related trusts and accounts.
Positive
- None.
Negative
- None.
Insider Trade Summary
2,174 shares exercised/converted
Mixed
8 txns
Insider
Nolan Jeffrey W
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Phantom Stock | 2,174 | $0.00 | -- |
| Exercise | Common Stock | 2,174 | $0.00 | -- |
| Disposition | Common Stock | 2,174 | $31.51 | $69K |
| Grant/Award | Restricted Stock Unit | 845 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Phantom Stock — 33,772 shares (Direct, null);
Common Stock — 269,104 shares (Direct, null);
Restricted Stock Unit — 62,655 shares (Direct, null);
Common Stock — 292,012 shares (Indirect, Beneficiary Of Trust)
Footnotes (1)
- Each share of phantom stock is the economic equivalent of one (1) share of Murphy Oil Corporation common stock. On July 1, 2026, 2,174 of the reporting person's phantom stock units were settled in cash. Restricted Stock Unit Award granted under the 2026 Stock Plan for Non-Employee Directors. These Securities generally do not carry a Conversion Price, Exercisable Date, or Expiration Date. The reporting person has elected to defer settlement of restricted stock units in accordance with their deferral election form to either (1) following the reporting person's termination of service from the Board or (2) on a future date selected by the reporting person at the time of their deferral election. The shares represent fully-vested restricted stock units ("RSUs") issued in lieu of quarterly cash retainer(s) payable under Murphy Oil Corporation's Non-Employee Director Deferred Compensation Plan. The reported shares of phantom stock were acquired under Murphy Oil Corporation's Non-Qualified Deferred Compensation Plan for Non-Employee Directors and become payable, in cash, consistent with the Reporting Person's distribution election made at the time of deferral.
Key Figures
Common shares disposed to issuer: 2,174 shares at $31.51
Phantom stock units exercised: 2,174 units
RSU grant: 845 units
+4 more
7 metrics
Common shares disposed to issuer
2,174 shares at $31.51
Disposition to issuer on July 1, 2026
Phantom stock units exercised
2,174 units
Economic equivalent of common shares, settled in cash July 1, 2026
RSU grant
845 units
Restricted Stock Unit Award under 2026 Stock Plan for Non-Employee Directors
Direct common stock holdings
266,930 shares
Direct ownership after July 1, 2026 transactions
Phantom stock balance
33,772 units
Phantom stock units remaining after 2,174-unit cash settlement
RSU balance
62,655 units
Restricted stock units following 845-unit award
Largest indirect trust holding
292,012 shares
Common stock where Nolan is beneficiary of a trust
Key Terms
phantom stock, Restricted Stock Unit, Non-Employee Director Deferred Compensation Plan, Non-Qualified Deferred Compensation Plan, +1 more
5 terms
phantom stock financial
"Each share of phantom stock is the economic equivalent of one (1) share of Murphy Oil Corporation common stock."
A phantom stock is a form of compensation that gives employees or executives the benefits of stock ownership, such as the increase in stock value, without actually giving them real shares. It acts like a promise to pay the employee the equivalent value of company stock later, often as a bonus or incentive. This allows companies to motivate and reward staff without diluting ownership or transferring actual shares.
Restricted Stock Unit financial
"Restricted Stock Unit Award granted under the 2026 Stock Plan for Non-Employee Directors."
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
Non-Employee Director Deferred Compensation Plan financial
"RSUs issued in lieu of quarterly cash retainer(s) payable under Murphy Oil Corporation's Non-Employee Director Deferred Compensation Plan."
Non-Qualified Deferred Compensation Plan financial
"The reported shares of phantom stock were acquired under Murphy Oil Corporation's Non-Qualified Deferred Compensation Plan for Non-Employee Directors"
An arrangement where an employer agrees to pay part of an employee’s salary or bonus at a later date, often to attract or keep key staff. Think of it as a company IOU or a delayed paycheck held on the company’s books rather than in a protected retirement account; investors care because these promises create future cash obligations that are typically unsecured and depend on the company’s financial health, affecting risk, liabilities, and cash-flow planning.
deferral election financial
"The reporting person has elected to defer settlement of restricted stock units in accordance with their deferral election form"
FAQ
What insider transactions did Murphy Oil (MUR) director Jeffrey Nolan report?
Jeffrey Nolan reported exercising 2,174 phantom stock units settled in cash and a matching disposition of 2,174 common shares back to Murphy Oil at $31.51 per share. He also received a grant of 845 restricted stock units as non-employee director compensation.
What are the details of Jeffrey Nolan’s phantom stock activity at Murphy Oil (MUR)?
Nolan exercised 2,174 phantom stock units on July 1, 2026, with each unit economically equivalent to one Murphy Oil common share. These phantom units were settled in cash, leaving him with 33,772 phantom stock units that remain payable in cash according to his prior distribution elections.
What restricted stock units did Jeffrey Nolan receive from Murphy Oil (MUR)?
He received 845 restricted stock units under the 2026 Stock Plan for Non-Employee Directors. These fully vested RSUs were issued instead of quarterly cash retainers and are subject to deferral, with settlement generally after board service ends or on a future elected date.
Were Jeffrey Nolan’s Murphy Oil (MUR) transactions open-market buys or sells?
The reported actions are primarily compensation-related and internal. They include a derivative exercise of phantom stock settled in cash, a disposition of shares back to the issuer, and a restricted stock unit grant. The filing does not show any open-market purchases or sales by Nolan.
What indirect Murphy Oil (MUR) holdings are associated with Jeffrey Nolan?
Indirect holdings reported include 31,758 shares held in trust for his children with others as trustee, 21,625 shares where he is trustee for his children, 520 shares held by his spouse, and 292,012 shares where he is a beneficiary of a trust, all categorized as indirect ownership.