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Murphy Oil (NYSE: MUR) CEO receives RSU and PSU grants with tax withholding

(High)
(Neutral)
Form Type
4

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.

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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)
  1. 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.
  2. F2. Shares withheld for taxes on PSU vesting.
  3. F3. Performance-based restricted stock unit award granted under the 2020 Long-Term Incentive Plan.
  4. F4. These Securities generally do not carry a Conversion Price, Exercisable Date, or Expiration Date.
  5. F5. Time-based restricted stock unit award granted under the 2025 Long-Term Incentive Plan.
  6. F6. Vest date is February 3, 2029.
  7. F7. Performance-based restricted stock unit award granted under the 2025 Long-Term Incentive Plan.
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
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.

How many shares were withheld for taxes in this Murphy Oil (MUR) Form 4 filing?

The filing shows 14,005 common shares withheld to cover tax obligations at a price of $30.0467 per share. This tax-withholding disposition relates to stock-based compensation and does not represent an open-market sale by the CEO.

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.

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Learn about SEC filing dates
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
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
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*
Hambly Eric M

(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)
Director 10% Owner
X Officer (give title below) Other (specify below)
President & CEO
3. Date of Earliest Transaction (Month/Day/Year)
02/03/2026
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 02/03/2026 M 35,589(1) A (1) 412,399 D
Common Stock 02/03/2026 F(2) 14,005 D $30.0467 398,394 D
Common Stock 15,285 I Trustee of Company Thrift Plan
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
Performance Stock Unit(3) (4) 02/03/2026 M 39,860(1) (4) (4) Common Stock 39,860 $0 214,980 D
Restricted Stock Unit(5) (4) 02/03/2026 A 77,210 (4)(6) (4)(6) Common Stock 77,210 $0 148,870 D
Performance Stock Unit(7) (4) 02/03/2026 A 115,820 (4) (4) Common Stock 115,820 $0 330,800 D
Explanation of Responses:
1. 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.
2. Shares withheld for taxes on PSU vesting.
3. Performance-based restricted stock unit award granted under the 2020 Long-Term Incentive Plan.
4. These Securities generally do not carry a Conversion Price, Exercisable Date, or Expiration Date.
5. Time-based restricted stock unit award granted under the 2025 Long-Term Incentive Plan.
6. Vest date is February 3, 2029.
7. Performance-based restricted stock unit award granted under the 2025 Long-Term Incentive Plan.
/s/ E. Ted Botner, attorney-in-fact 02/05/2026
** 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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