Murphy Oil (NYSE: MUR) director granted 1,843 RSUs and updates holdings
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
DEMING CLAIBORNE P reported acquisition or exercise transactions in this Form 4 filing.
Murphy Oil director Claiborne P. Deming reported new equity awards and updated holdings. On June 30, 2026, he received two grants of restricted stock units totaling 1,843 units of common stock equivalents at a price of $0.00 per unit under non-employee director plans.
The awards are under Murphy Oil’s 2026 Stock Plan and related Non-Employee Director Deferred Compensation arrangements, with some RSUs issued in lieu of quarterly cash retainers and others scheduled to vest on February 4, 2027, subject to the director’s deferral elections.
After these updates, Deming holds 987,092 shares of common stock directly, 1,639,538 shares indirectly as beneficiary of trusts, and 50,224 shares indirectly through a spouse, plus 63,098 phantom stock units economically equivalent to common shares and payable in cash under a non-qualified deferred compensation plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
6 transactions reported
Mixed
6 txns
Insider
DEMING CLAIBORNE P
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Unit | 1,267 | $0.00 | -- |
| Grant/Award | Restricted Stock Unit | 576 | $0.00 | -- |
| holding | Phantom Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Unit — 31,470 shares (Direct, null);
Phantom Stock — 63,098 shares (Direct, null);
Common Stock — 987,092 shares (Direct, null);
Common Stock — 50,224 shares (Indirect, By Spouse)
Footnotes (1)
- Each phantom stock unit is the economic equivalent of one (1) share of Murphy Oil Corporation common stock. 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. Includes 587 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 June 30, 2026. 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. Vest date is February 4, 2027. 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.
Key Figures
RSU grant 1: 576 units
RSU grant 2: 1,267 units
Direct common shares: 987,092 shares
+5 more
8 metrics
RSU grant 1
576 units
Restricted Stock Unit grant on June 30, 2026 at $0.00 per unit
RSU grant 2
1,267 units
Restricted Stock Unit grant on June 30, 2026 at $0.00 per unit
Direct common shares
987,092 shares
Common Stock held directly following transactions
Trust-held common shares
1,639,538 shares
Common Stock held indirectly as Beneficiary of Trusts
Spouse-held common shares
50,224 shares
Common Stock held indirectly by spouse
Phantom stock units
63,098 units
Phantom Stock economically equivalent to common stock, payable in cash
RSU total following transaction
32,046 units
Restricted Stock Units outstanding after 576-unit grant
RSU total following transaction
31,470 units
Restricted Stock Units outstanding after 1,267-unit grant
Key Terms
phantom stock, Non-Qualified Deferred Compensation Plan for Non-Employee Directors, Restricted Stock Unit Award, deferral election, +1 more
5 terms
phantom stock financial
"Each phantom stock unit 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"
Restricted Stock Unit Award financial
"Restricted Stock Unit Award granted under the 2026 Stock Plan for Non-Employee Directors."
A restricted stock unit award is a promise by a company to give an employee a specified number of company shares at a future date if certain conditions are met, such as staying with the company or hitting performance goals. For investors, these awards matter because they can increase the total number of shares outstanding when converted, diluting existing holders, and they align employees’ incentives with shareholders’ interests much like giving a rising bonus that becomes real only after conditions are satisfied.
deferral election financial
"The reporting person has elected to defer settlement of restricted stock units in accordance with their deferral election form"
Non-Employee Director Deferred Compensation Plan financial
"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."
FAQ
What did Murphy Oil (MUR) director Claiborne P. Deming receive in this Form 4 filing?
Claiborne P. Deming received two grants of restricted stock units totaling 1,843 units of Murphy Oil common stock equivalents at $0.00 per unit. These RSUs were issued under non-employee director plans, including awards in lieu of quarterly cash retainers and a scheduled vesting in 2027.
What are the key details of the restricted stock units reported for Murphy Oil (MUR)?
The filing shows 576 and 1,267 restricted stock units granted to Deming, totaling 1,843 units linked to Murphy Oil common stock. Some RSUs are fully vested and issued instead of cash retainers, while another award vests on February 4, 2027, with settlement timing elected by the director.
What is the phantom stock reported for Murphy Oil (MUR) director Claiborne P. Deming?
Deming holds 63,098 phantom stock units, each economically equivalent to one Murphy Oil common share. These units were acquired under the Non-Qualified Deferred Compensation Plan for Non-Employee Directors and are payable in cash according to his distribution election made at the time of deferral.
How are Murphy Oil (MUR) director RSUs and phantom stock settled?
The phantom stock units are settled in cash under a non-qualified deferred compensation plan per Deming’s distribution election. For restricted stock units, he elected to defer settlement until after termination of Board service or a future date selected in his deferral election, depending on the specific award.
Does this Murphy Oil (MUR) Form 4 show any open-market stock purchases or sales?
No open-market purchases or sales are reported. The Form 4 primarily reflects grant or award acquisitions of restricted stock units for director compensation and updated holdings, including direct common shares, indirect positions via trusts and spouse, and phantom stock in a deferred compensation plan.