Director Jeffrey W. Nolan adds RSUs and phantom stock at Murphy Oil (NYSE: MUR)
Rhea-AI Filing Summary
Nolan Jeffrey W reported acquisition or exercise transactions in this Form 4 filing.
Murphy Oil Corporation director Jeffrey W. Nolan reported an award of 667 restricted stock units on Murphy Oil common stock. The units were granted under the 2021 Stock Plan for Non-Employee Directors and are fully vested, issued in lieu of quarterly cash retainers.
The filing shows Nolan has elected to defer settlement of these restricted stock units, with payout to occur either after his service on the board ends or on a future date he previously selected. Following this grant, he directly holds 61,810 restricted stock units, 35,612 phantom stock units economically equivalent to common shares, and 266,930 shares of common stock, along with additional indirect holdings through various trusts and a spouse account.
Positive
- None.
Negative
- None.
Insider Trade Summary
7 transactions reported
Mixed
7 txns
Insider
Nolan Jeffrey W
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Unit | 667 | $0.00 | $0.00 |
| holding | Phantom Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Unit — 61,810 shares (Direct);
Phantom Stock — 35,612 shares (Direct);
Common Stock — 266,930 shares (Direct);
Common Stock — 292,012 shares (Indirect, Beneficiary Of Trust);
Common Stock — 520 shares (Indirect, By Spouse);
Common Stock — 21,625 shares (Indirect, Self, Trustee For My Children);
Common Stock — 31,758 shares (Indirect, Shares Held In Trust For My Children For Whom Others Are Trustee)
Footnotes (7)
- F1. Each share of phantom stock is the economic equivalent of one (1) share of Murphy Oil Corporation common stock.
- F2. 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.
- F3. Includes 354 shares obtained under Murphy Oil Corporation's Non-Qualified Deferred Compensation Plan for Non-Employee Directors. The information in this report is based on a plan statement dated March 31, 2026.
- F4. Restricted Stock Unit Award granted under the 2021 Stock Plan for Non-Employee Directors.
- F5. These Securities generally do not carry a Conversion Price, Exercisable Date, or Expiration Date.
- F6. 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.
- F7. 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.
Key Figures
RSU grant: 667 units
Total RSUs after grant: 61,810 units
Phantom stock units: 35,612 units
+5 more
8 metrics
RSU grant
667 units
Restricted Stock Unit award on Murphy Oil common stock
Total RSUs after grant
61,810 units
Restricted stock units directly held following the reported award
Phantom stock units
35,612 units
Economic equivalent of Murphy Oil common stock under deferred plan
Direct common shares
266,930 shares
Murphy Oil common stock held directly by Nolan
Trust beneficiary shares
292,012 shares
Common stock held indirectly as beneficiary of a trust
Spouse-held shares
520 shares
Common stock held indirectly through spouse
Children’s trust shares (trustee)
21,625 shares
Common stock held as self, trustee for children
Children’s trust shares (other trustees)
31,758 shares
Common stock held in trusts for children with other trustees
Key Terms
Restricted Stock Unit, Phantom Stock, Non-Qualified Deferred Compensation Plan for Non-Employee Directors, Deferral election, +1 more
5 terms
Restricted Stock Unit financial
"Restricted Stock Unit Award granted under the 2021 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.
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.
Non-Qualified Deferred Compensation Plan for Non-Employee Directors financial
"The reported shares of phantom stock were acquired under Murphy Oil Corporation's Non-Qualified Deferred Compensation Plan for Non-Employee Directors"
Deferral election financial
"become payable, in cash, consistent with the Reporting Person's distribution election made at the time of deferral."
Non-Employee Director Deferred Compensation Plan financial
"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."
FAQ
What did Murphy Oil (MUR) director Jeffrey W. Nolan report in this Form 4?
Jeffrey W. Nolan reported receiving an award of 667 restricted stock units tied to Murphy Oil common stock. These RSUs were granted under the 2021 Stock Plan for Non-Employee Directors and issued instead of quarterly cash retainers, providing stock-based compensation for his board service.
How many restricted stock units does Jeffrey W. Nolan hold after this Murphy Oil (MUR) filing?
After this filing, Jeffrey W. Nolan directly holds 61,810 restricted stock units linked to Murphy Oil common stock. This total includes the 667-unit award reported, reflecting accumulated stock-based compensation from his ongoing role as a non-employee director on the company’s board.
What is the phantom stock position reported by Jeffrey W. Nolan at Murphy Oil (MUR)?
Nolan reports 35,612 phantom stock units, each economically equivalent to one share of Murphy Oil common stock. These units were acquired under the Non-Qualified Deferred Compensation Plan for Non-Employee Directors, with future cash payment aligned to his previously chosen distribution elections.
How much Murphy Oil (MUR) common stock does Jeffrey W. Nolan directly own?
The filing shows Jeffrey W. Nolan directly owns 266,930 shares of Murphy Oil common stock. This direct stake is separate from his restricted stock units and phantom stock, representing his straightforward share ownership recorded as of the Form 4 reporting date.
What indirect Murphy Oil (MUR) holdings are associated with Jeffrey W. Nolan?
Indirectly, Nolan is associated with several Murphy Oil common stock positions: 292,012 shares as a trust beneficiary, 520 shares held by his spouse, 21,625 shares as trustee for his children, and 31,758 shares in trusts for his children where others serve as trustee.
How are Murphy Oil (MUR) non-employee directors compensated according to this filing?
Non-employee directors can receive fully-vested restricted stock units instead of quarterly cash retainers, as shown by Nolan’s 667-unit RSU award. They may also participate in a Non-Qualified Deferred Compensation Plan, accumulating phantom stock units that pay out in cash according to individual deferral elections.
AI-generated analysis. How Rhea-AI works. Not financial advice.
