Murphy Oil (NYSE: MUR) retiree settles RSUs, withholds 16,411 shares for tax
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Murphy Oil Corporation reporting person E. Ted Botner recorded compensation-related share activity, mainly from restricted stock unit (RSU) vesting and associated tax withholding on June 30, 2026. He exercised or converted awards covering 49,880 shares of common stock, reflecting RSUs settling one-for-one into shares under the company’s long-term incentive and excess benefit plans. To cover tax obligations on these vestings, 16,411 shares were withheld at $33.4193 per share; these are not open-market sales. After these entries, he directly holds 221,824 shares of common stock and 10,229 phantom stock units, plus indirect holdings of 19,806 shares through the Company Thrift Plan and 10,000 shares as custodian for a child’s UTMA account. The filing also notes forfeiture of certain unvested RSUs in connection with his retirement, while vested units settled into shares, including amounts tied to accumulated dividends.
Positive
- None.
Negative
- None.
Insider Trade Summary
49,880 shares exercised/converted
Mixed
12 txns
Insider
BOTNER E TED
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit | 9,850 | $0.00 | -- |
| Exercise | Restricted Stock Unit | 15,400 | $0.00 | -- |
| Exercise | Restricted Stock Unit | 24,630 | $0.00 | -- |
| Exercise | Common Stock | 8,790 | $0.00 | -- |
| Tax Withholding | Common Stock | 3,459 | $33.4193 | $116K |
| Exercise | Common Stock | 7,799 | $0.00 | -- |
| Tax Withholding | Common Stock | 3,069 | $33.4193 | $103K |
| Exercise | Common Stock | 25,115 | $0.00 | -- |
| Tax Withholding | Common Stock | 9,883 | $33.4193 | $330K |
| holding | Phantom Stock Unit | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Unit — 40,030 shares (Direct, null);
Common Stock — 225,283 shares (Direct, null);
Phantom Stock Unit — 10,229 shares (Direct, null);
Common Stock — 10,000 shares (Indirect, As custodian for child's UTMA account)
Footnotes (1)
- Represents Restricted Stock Units (RSUs) that have vested and settled in shares of the Company's stock on a one-for-one basis. Pursuant to the terms of the time-based grant awarded under the 2020 Long-Term Incentive Plan, the total includes the prorated portion of the award that vested due to the reporting person's retirement, plus shares equivalent in value to accumulated dividends. A total of 1,915 time-based restricted stock units were forfeited on June 30, 2026, due to the reporting person's retirement from the Company. Shares withheld for taxes on RSU vesting. A total of 8,128 time-based restricted stock units were forfeited on June 30, 2026, due to the reporting person's retirement from the Company. Represents Restricted Stock Units (RSUs) that have vested and settled in shares of the Company's stock on a one-for-one basis. Pursuant to the terms of the time-based grant awarded under the 2025 Long-Term Incentive Plan, the total includes 100% of the original award, plus shares equivalent in value to accumulated dividends. Includes 673 shares obtained through the Company Thrift Plan. The information in this report is based on a plan statement dated June 30, 2026. Each phantom stock unit is the economic equivalent of one (1) share of Murphy Oil Corporation common stock. The reported phantom stock units were acquired under Murphy Oil Corporation's excess benefit plan and are to be settled upon the reporting person's retirement or other termination of service. The reporting person may transfer the value of his phantom stock units into an alternative investment account at any time prior to settlement. Includes 669 shares obtained under Murphy Oil Corporation's excess benefit plan. The information in this report is based on a plan statement dated June 30, 2026. These Securities generally do not carry a Conversion Price, Exercisable Date, or Expiration Date.
Key Figures
RSU and award exercises: 49,880 shares
Tax-withheld shares: 16,411 shares
Tax withholding price: $33.4193 per share
+4 more
7 metrics
RSU and award exercises
49,880 shares
Shares from award exercises/RSU vesting on June 30, 2026
Tax-withheld shares
16,411 shares
Shares withheld for taxes on RSU vesting
Tax withholding price
$33.4193 per share
Price used for F-code tax-withholding dispositions
Direct common shares after
221,824 shares
Direct Murphy Oil common stock holdings after transactions
Phantom stock units after
10,229 units
Direct phantom stock units equivalent to common shares
Thrift Plan shares
19,806 shares
Indirect holdings as trustee of Company Thrift Plan
UTMA account shares
10,000 shares
Indirect holdings as custodian for child’s UTMA account
Key Terms
Restricted Stock Units (RSUs), phantom stock units, excess benefit plan, Company Thrift Plan, +2 more
6 terms
Restricted Stock Units (RSUs) financial
"Represents Restricted Stock Units (RSUs) that have vested and settled in shares of the Company's stock on a one-for-one basis."
Restricted stock units (RSUs) are a type of company promise to give employees shares of stock in the future, usually after certain conditions like working for a set time. They are like a gift promised today that you receive later, which can become valuable if the company's stock price goes up. RSUs matter because they are a way companies reward employees and can be a significant part of compensation.
phantom stock units financial
"Each phantom stock unit is the economic equivalent of one (1) share of Murphy Oil Corporation common stock."
Phantom stock units are company promises that pay a cash or stock-equivalent award tied to the firm’s share price or value growth, but they do not issue actual shares. Think of them as a bonus check that moves with the stock like a mirror rather than handing over an ownership slice. Investors care because these awards can affect a company’s future cash obligations, executive incentives and reported expenses without causing share dilution.
excess benefit plan financial
"The reported phantom stock units were acquired under Murphy Oil Corporation's excess benefit plan and are to be settled upon the reporting person's retirement or other termination of service."
Company Thrift Plan financial
"Includes 673 shares obtained through the Company Thrift Plan. The information in this report is based on a plan statement dated June 30, 2026."
UTMA account financial
"As custodian for child's UTMA account"
Long-Term Incentive Plan financial
"time-based grant awarded under the 2020 Long-Term Incentive Plan, the total includes the prorated portion of the award that vested due to the reporting person's retirement"
A long-term incentive plan is a company program that pays executives or employees with stock, options, or cash tied to multi-year performance goals, where the rewards become theirs only after meeting conditions over time. Think of it as a delayed bonus or retirement-style reward that aligns employees’ interests with shareholders by encouraging them to boost long-term value; investors watch these plans because they affect pay costs, share dilution and management incentives.
FAQ
What insider transactions did E. Ted Botner report at Murphy Oil (MUR)?
E. Ted Botner reported RSU vesting into common stock and related tax-withholding dispositions on June 30, 2026. Awards covering 49,880 shares settled into stock, and 16,411 shares were withheld to satisfy tax obligations under company compensation plans.
What are Murphy Oil phantom stock units reported in this filing?
Each phantom stock unit is the economic equivalent of one Murphy Oil common share, granted under the excess benefit plan. They are to be settled upon retirement or other termination, and the value may be transferred into an alternative investment account before settlement.
How did Botner’s retirement affect his Murphy Oil RSU awards?
The filing notes that 1,915 and 8,128 time-based RSUs were forfeited on June 30, 2026 due to retirement, while other RSUs vested and settled into shares. Vested totals include prorated retirement portions and dividend-equivalent shares under the company’s long-term incentive plans.