Murphy Oil (MUR) CEO Eric Hambly details RSU vesting, new 2025 plan awards
Rhea-AI Filing Summary
Murphy Oil Corporation President & CEO Eric M. Hambly reported equity award activity and related stock issuance on February 3, 2026.
Performance-based restricted stock units granted under the 2020 Long-Term Incentive Plan vested and were settled into 35,589 shares of common stock, increasing his directly held common shares to 412,399 before tax withholding. To cover taxes on this vesting, 14,005 shares of common stock were withheld at a price of $30.0467 per share, leaving 398,394 shares of common stock held directly.
On the same date, Hambly reported derivative holdings and new equity awards. A performance stock unit position covering 39,860 shares of common stock was reported as exercised or settled, with 214,980 performance stock units remaining directly owned. He also received a new time-based restricted stock unit award for 77,210 shares and a new performance-based stock unit award for 115,820 shares under the 2025 Long-Term Incentive Plan, bringing his directly held restricted stock units to 148,870 and performance stock units to 330,800. In addition, 15,285 shares of common stock are held indirectly with Hambly as trustee of the company thrift plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Performance Stock Unit | 39,860 | $0.00 | -- |
| Grant/Award | Restricted Stock Unit | 77,210 | $0.00 | -- |
| Grant/Award | Performance Stock Unit | 115,820 | $0.00 | -- |
| Exercise | Common Stock | 35,589 | $0.00 | -- |
| Tax Withholding | Common Stock | 14,005 | $30.0467 | $421K |
| holding | Common Stock | -- | -- | -- |
Footnotes (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. Shares withheld for taxes on PSU vesting. Performance-based restricted stock unit award granted under the 2020 Long-Term Incentive Plan. These Securities generally do not carry a Conversion Price, Exercisable Date, or Expiration Date. Time-based restricted stock unit award granted under the 2025 Long-Term Incentive Plan. Vest date is February 3, 2029. Performance-based restricted stock unit award granted under the 2025 Long-Term Incentive Plan.