Murphy Oil (NYSE: MUR) CEO receives RSU and PSU grants with tax withholding
Rhea-AI Filing Summary
Murphy Oil Corp reports that President & CEO Eric M. Hambly had equity vesting and awards on February 3, 2026, including the exercise of 39,860 performance stock units into common shares. He received new grants of 77,210 restricted stock units and 115,820 performance stock units under the company's long-term incentive plans. To satisfy taxes, 14,005 common shares were withheld at $30.0467 per share; he now directly holds 398,394 common shares and 330,800 performance stock units, plus 15,285 shares indirectly via a thrift plan.
Positive
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Negative
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Insider Trade Summary
Net Buyer: 21,584 shares
Net Buy
6 txns
Insider
Hambly Eric M
Role
President & CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Performance Stock Unit | 39,860 | $0.00 | $0.00 |
| Grant/Award | Restricted Stock Unit | 77,210 | $0.00 | $0.00 |
| Grant/Award | Performance Stock Unit | 115,820 | $0.00 | $0.00 |
| Exercise | Common Stock | 35,589 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 14,005 | $30.0467 | $421K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Unit — 148,870 shares (Direct);
Performance Stock Unit — 330,800 shares (Direct);
Common Stock — 398,394 shares (Direct);
Common Stock — 15,285 shares (Indirect, Trustee of Company Thrift Plan)
Footnotes (7)
- F1. Represents performance-based 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 performance-based grant awarded under the 2020 Long-Term Incentive Plan, the total includes 80% of the original award, plus shares equivalent in value to accumulated dividends.
- F2. Shares withheld for taxes on PSU vesting.
- F3. Performance-based restricted stock unit award granted under the 2020 Long-Term Incentive Plan.
- F4. These Securities generally do not carry a Conversion Price, Exercisable Date, or Expiration Date.
- F5. Time-based restricted stock unit award granted under the 2025 Long-Term Incentive Plan.
- F6. Vest date is February 3, 2029.
- F7. Performance-based restricted stock unit award granted under the 2025 Long-Term Incentive Plan.
Key Figures
Performance stock units exercised: 39,860 units
Restricted Stock Units granted: 77,210 units
Performance Stock Units granted: 115,820 units
+4 more
7 metrics
Performance stock units exercised
39,860 units
Performance stock units exercised into common stock on February 3, 2026
Restricted Stock Units granted
77,210 units
Restricted stock unit grant reported on February 3, 2026
Performance Stock Units granted
115,820 units
Performance stock unit grant reported on February 3, 2026
Shares withheld for taxes
14,005 shares at $30.0467 per share
Tax-withholding disposition of common stock on February 3, 2026
Direct common stock holdings
398,394 shares
Direct post-transaction common stock holdings of Eric M. Hambly
Direct Performance Stock Unit holdings
330,800 units
Direct post-transaction performance stock unit holdings of Eric M. Hambly
Indirect thrift plan holdings
15,285 shares
Common stock held indirectly as trustee of Company Thrift Plan
Key Terms
Performance Stock Unit, Restricted Stock Unit, Long-Term Incentive Plan, tax-withholding disposition, +1 more
5 terms
Performance Stock Unit financial
"Represents performance-based Restricted Stock Units (RSUs) that have vested and settled"
A performance stock unit is a type of reward companies give to employees, usually managers, that depends on how well the company performs over time. If the company hits specific goals, the employee earns shares of stock, like earning a prize for reaching certain levels in a game. It motivates employees to work hard because their rewards are tied to the company's success.
Restricted Stock Unit financial
"Time-based restricted stock unit award granted under the 2025 Long-Term Incentive Plan"
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.
Long-Term Incentive Plan financial
"Award granted under the 2020 Long-Term Incentive Plan"
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.
tax-withholding disposition financial
"Payment of exercise price or tax liability by delivering securities"
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
Company Thrift Plan financial
"Trustee of Company Thrift Plan"
FAQ
What equity awards did Murphy Oil (MUR) CEO Eric M. Hambly receive on February 3, 2026?
On that date he received new grants of 77,210 restricted stock units and 115,820 performance stock units. These stock unit awards were issued at no cash cost as part of Murphy Oil's long-term incentive programs for senior executives.
How many performance stock units did MURs CEO exercise into common stock?
Eric M. Hambly exercised 39,860 performance stock units that settled into an equal number of common shares. This vesting event reflects previously granted performance-based awards converting one-for-one into Murphy Oil common stock on February 3, 2026.
What are Eric M. Hamblys post-transaction holdings in Murphy Oil (MUR)?
After the reported transactions he directly holds 398,394 common shares and 330,800 performance stock units. In addition, he has indirect ownership of 15,285 common shares as trustee of a company thrift plan, reflecting retirement-related holdings.
Did this Murphy Oil (MUR) Form 4 report any open-market stock sales by the CEO?
The Form 4 reports no open-market stock sales by Eric M. Hambly. The only share disposition is a tax-withholding event of 14,005 shares at $30.0467 per share, used to satisfy tax liabilities on vested stock-based compensation.
AI-generated analysis. How Rhea-AI works. Not financial advice.