Murphy Oil (MUR) director Laura Sugg receives 6,316 RSUs and reports holdings

Rhea-AI Filing Summary

Murphy Oil Corporation director Laura A. Sugg reported equity-based compensation and holdings. On February 4, 2026, she received a Restricted Stock Unit award for 6,316 units at a price of $0 under the 2021 Stock Plan for Non-Employee Directors. These units vest on February 4, 2027, and settlement has been deferred according to her prior distribution election.

Following these transactions, she directly beneficially owned 7,979 shares of common stock, 2,127 phantom stock units that are economically equivalent to common shares and payable in cash under the Non-Qualified Deferred Compensation Plan for Non-Employee Directors, and 61,143 derivative securities including the new RSUs.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

SUGG LAURA A

(Last) (First) (Middle)

9805 KATY FREEWAY

G-200

(Street)

HOUSTON TX 77024

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
MURPHY OIL CORP [ MUR ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
02/04/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock								7,979	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Phantom Stock	(1)							(2)	(2)	Common Stock	2,127(3)		2,127	D
Restricted Stock Unit(4)	(5)	02/04/2026		A		6,316		(5)(6)	(5)(6)	Common Stock	6,316	$0	61,143	D

Explanation of Responses:

1. Each share of phantom stock is the economic equivalent of one (1) share of Murphy Oil Corporation common stock.

2. 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.

3. Includes 171 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 December 31, 2025.

4. Restricted Stock Unit Award granted under the 2021 Stock Plan for Non-Employee Directors.

5. These Securities generally do not carry a Conversion Price, Exercisable Date, or Expiration Date.

6. 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.

	/s/ E. Ted Botner, attorney-in-fact	02/06/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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FAQ

What insider transaction did Murphy Oil (MUR) director Laura A. Sugg report?

Laura A. Sugg reported receiving a Restricted Stock Unit award for 6,316 units on February 4, 2026. The award was granted at $0 under Murphy Oil’s 2021 Stock Plan for Non-Employee Directors as part of her director compensation.

When do Laura A. Sugg’s new Murphy Oil (MUR) RSUs vest and settle?

The 6,316 Restricted Stock Units vest on February 4, 2027. Settlement has been deferred under her deferral election to either after her termination of Board service or on a future date she selected when making the election.

How many Murphy Oil (MUR) common shares does Laura A. Sugg own after this Form 4?

After the reported transactions, Laura A. Sugg directly beneficially owned 7,979 shares of Murphy Oil common stock. This figure reflects her direct holdings and does not include phantom stock or un-settled Restricted Stock Units reported as derivative securities.

What are the phantom stock units held by Murphy Oil (MUR) director Laura A. Sugg?

She holds 2,127 phantom stock units, each economically equivalent to one Murphy Oil common share. These were acquired under the Non-Qualified Deferred Compensation Plan and are payable in cash according to her distribution election at the time of deferral.

What total derivative securities does Laura A. Sugg hold in Murphy Oil (MUR)?

Following the reported award, Laura A. Sugg beneficially owned 61,143 derivative securities, including the 6,316 newly granted Restricted Stock Units. These derivative holdings represent equity-based compensation rather than currently settled common stock.

Under which plans were Laura A. Sugg’s Murphy Oil (MUR) awards and phantom stock issued?

The 6,316 Restricted Stock Units were granted under Murphy Oil’s 2021 Stock Plan for Non-Employee Directors. The phantom stock units were acquired through the company’s Non-Qualified Deferred Compensation Plan for Non-Employee Directors and are settled in cash.