Murphy Oil (NYSE: MUR) director receives new RSU and phantom stock awards
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 Corporation director Claiborne P. Deming received new equity-based awards. On March 31, 2026, he was granted 455 and 1,000 restricted stock units, each unit tied to one share of common stock and awarded as director compensation.
One award vests on February 4, 2027, and settlement of the units has been deferred according to his elections, either after board service ends or on a future chosen date. A separate phantom stock position equals 62,511 shares of common stock and is payable in cash under a non-qualified deferred compensation plan. The filing also shows 987,092 common shares held directly, with additional indirect holdings through trusts and a spouse.
Positive
- None.
Negative
- None.
Insider Trade Summary
6 transactions reported
Mixed
6 txns
Insider
DEMING CLAIBORNE P
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Unit | 455 | $0.00 | -- |
| Grant/Award | Restricted Stock Unit | 1,000 | $0.00 | -- |
| holding | Phantom Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Unit — 29,203 shares (Direct);
Phantom Stock — 62,511 shares (Direct);
Common Stock — 987,092 shares (Direct);
Common Stock — 1,639,538 shares (Indirect, Beneficiary Of Trusts)
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 622 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. Restricted Stock Unit Award granted under the 2021 Stock Plan for Non-Employee Directors. These Securities generally do not carry a Conversion Price, Exercisable Date, or Expiration Date. 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. 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.
Key Figures
New RSU grant 1: 455 restricted stock units
New RSU grant 2: 1,000 restricted stock units
Total RSUs after grants: 30,203 restricted stock units
+5 more
8 metrics
New RSU grant 1
455 restricted stock units
Grant to director on March 31, 2026
New RSU grant 2
1,000 restricted stock units
Grant to director on March 31, 2026
Total RSUs after grants
30,203 restricted stock units
Director holdings following March 31, 2026 awards
Phantom stock units
62,511 units
Economic equivalent to common shares under deferred plan
Direct common shares
987,092 shares
Common stock held directly by director
Trust-held common shares
1,639,538 shares
Indirect ownership as beneficiary of trusts
Spouse-held common shares
50,224 shares
Indirect ownership by spouse
Plan statement date
March 31, 2026
Date for non-qualified deferred compensation plan data
Key Terms
Restricted Stock Unit, Phantom Stock, Non-Qualified Deferred Compensation Plan, deferral election, +2 more
6 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 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 financial
"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
"payable, in cash, consistent with the Reporting Person's distribution election made at the time of deferral."
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."
vest date financial
"Vest date is February 4, 2027. The reporting person has elected to defer settlement"
FAQ
What insider transactions did Murphy Oil (MUR) report for Claiborne P. Deming?
Murphy Oil reported that director Claiborne P. Deming received two equity awards totaling 1,455 restricted stock units on March 31, 2026. These grants are compensation awards, not open-market share purchases or sales, and increase his equity-based exposure to Murphy Oil common stock.
How many Murphy Oil (MUR) restricted stock units does Claiborne P. Deming now hold?
After the March 31, 2026 grants, Claiborne P. Deming is shown holding 30,203 restricted stock units. These units represent rights tied to Murphy Oil common shares, with settlement deferred under his elections rather than immediately delivered as stock.
What indirect Murphy Oil (MUR) holdings are reported for Claiborne P. Deming?
Indirectly, the filing lists 1,639,538 shares of Murphy Oil common stock as beneficiary of trusts and 50,224 shares held by his spouse. These positions reflect associated ownership interests beyond his directly held shares and restricted stock units.
How does the phantom stock reported for Murphy Oil (MUR) work in this filing?
The filing shows phantom stock economically equivalent to 62,511 Murphy Oil common shares. These units were acquired under a non-qualified deferred compensation plan for non-employee directors and will be paid out in cash according to Deming’s distribution elections.
When do Claiborne P. Deming’s new Murphy Oil (MUR) restricted stock units vest?
One award of restricted stock units in the filing has a vest date of February 4, 2027. Settlement of these units will then occur on the schedule Deming elected, either after his board service ends or on another future date he previously selected.