Murphy Oil (NYSE: MUR) EVP gains shares from RSU vesting and tax withholding

Rhea-AI Filing Summary

Murphy Oil Corporation EVP, General Counsel and Corporate Secretary E. Ted Botner reported equity award activity on January 30, 2026. Time-based restricted stock units vested and settled into 13,415 shares of common stock, increasing his direct holdings before tax withholding.

To cover taxes on the RSU vesting, 5,519 shares of common stock were withheld at a price of $29.8979 per share, leaving Botner with 206,733 common shares held directly. He also reports 10,000 common shares held as custodian for a child's UTMA account, 19,133 shares through the company thrift plan, 25,250 restricted stock units, and 9,560 phantom stock units linked to Murphy Oil common stock.

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^*

BOTNER E TED

(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)
	EVP General Counsel & Corp Sec

3. Date of Earliest Transaction (Month/Day/Year)
01/30/2026

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	01/30/2026		M		13,415(1)	A	(1)	212,252	D
Common Stock	01/30/2026		F(2)		5,519	D	$29.8979	206,733	D
Common Stock								10,000	I	As custodian for child's UTMA account
Common Stock								19,133(3)	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
Phantom Stock Unit	(4)							(5)	(5)	Common Stock	9,560		9,560(6)	D
Restricted Stock Unit(7)	(1)(8)	01/30/2026		M			12,020(1)	(8)(9)	(8)(9)	Common Stock	12,020	$0	25,250	D

Explanation of Responses:

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 100% of the original award, plus shares equivalent in value to accumulated dividends.

2. Shares withheld for taxes on RSU vesting.

3. Includes 1,357 shares obtained through the Company Thrift Plan. The information in this report is based on a plan statement dated December 31, 2025.

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

5. 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.

6. Includes 1,113 shares obtained under Murphy Oil Corporation's excess benefit plan. The information in this report is based on a plan statement dated December 31, 2025.

7. Time-based restricted stock unit award granted under the 2020 Long-Term Incentive Plan.

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

9. Vest date is January 30, 2026.

	/s/ E. Ted Botner, attorney-in-fact	02/02/2026
	** Signature of Reporting Person	Date
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FAQ

What did Murphy Oil (MUR) EVP E. Ted Botner report in this Form 4 filing?

E. Ted Botner reported the vesting of restricted stock units that settled into 13,415 Murphy Oil common shares. The filing also shows tax-related share withholding, updated direct and indirect stock ownership, and current balances of restricted stock units and phantom stock units tied to Murphy Oil stock.

How many Murphy Oil common shares does E. Ted Botner hold directly after this transaction?

After the reported transactions, E. Ted Botner holds 206,733 Murphy Oil common shares directly. This figure reflects RSU shares that vested and settled, offset by 5,519 shares withheld to satisfy taxes associated with the vesting event on January 30, 2026.

Were any Murphy Oil (MUR) shares sold on the open market in this Form 4?

The Form 4 shows no open-market sale; 5,519 shares were withheld for taxes at $29.8979 per share. These tax-withheld shares are recorded as a disposition but represent administrative withholding tied to RSU vesting rather than a discretionary market sale by the executive.

What restricted stock unit activity did Murphy Oil report for E. Ted Botner?

Time-based restricted stock units granted under the 2020 Long-Term Incentive Plan vested and settled one-for-one into 13,415 common shares. The award total includes both the original grant and additional shares equal in value to accumulated dividends, as described in the filing’s footnotes.

What are the phantom stock units reported by E. Ted Botner in Murphy Oil’s Form 4?

Botner reports 9,560 phantom stock units, each economically equivalent to one Murphy Oil common share. These units were acquired under an excess benefit plan and are scheduled to be settled upon retirement or other termination of service, with flexibility to move value into an alternative investment account.

What indirect Murphy Oil shareholdings does E. Ted Botner report?

Botner reports 10,000 Murphy Oil common shares held indirectly as custodian for a child’s UTMA account and 19,133 shares held as trustee of the company thrift plan. The thrift plan figure includes 1,357 shares based on a December 31, 2025 plan statement, according to the footnotes.