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Murphy Oil (NYSE: MUR) director defers 28 RSUs in lieu of cash retainer

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Earley Michelle A reported acquisition or exercise transactions in this Form 4 filing.

Murphy Oil Corporation director Michelle A. Earley received a grant of 28 fully vested restricted stock units under the 2021 Stock Plan for Non-Employee Directors. These RSUs were issued in lieu of quarterly cash retainers and will be settled in common stock on a deferred basis, either after she leaves the Board or on a future date she previously selected. Following this award, she beneficially owns 35,595 shares underlying RSUs directly.

Positive

  • None.

Negative

  • None.
Insider Earley Michelle A
Role Director
Type Security Shares Price Value
Grant/Award Restricted Stock Unit 28 $0.00 --
Holdings After Transaction: Restricted Stock Unit — 35,595 shares (Direct)
Footnotes (1)
  1. Restricted Stock Unit Award granted under the 2021 Stock Plan for Non-Employee Directors. These Securities generally do not carry a Conversion Price, Exercisable Date, or Expiration Date. 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. The shares represent fully-vested restricted stock units ("RSUs") issued in lieu of quarterly cash retainer(s) payable under Murphy Oil Corporation's Non-Employee Director Deferred Compensation Plan.
RSU grant 28 restricted stock units Grant on March 31, 2026 to non-employee director
Post-grant holdings 35,595 shares Shares underlying RSUs following the reported award
Grant price $0.0000 per unit Compensation award, not an open-market purchase
Restricted Stock Unit financial
"Restricted Stock Unit Award granted under the 2021 Stock Plan for Non-Employee Directors."
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.
Non-Employee Director Deferred Compensation Plan financial
"issued in lieu of quarterly cash retainer(s) payable under Murphy Oil Corporation's Non-Employee Director Deferred Compensation Plan."
deferral election form financial
"in accordance with their deferral election form to either (1) following the reporting person's termination of service"
fully-vested restricted stock units financial
"The shares represent fully-vested restricted stock units ("RSUs") issued in lieu of quarterly cash retainer(s)"
SEC Form 4
FORM 4UNITED 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*
Earley Michelle A

(Last)(First)(Middle)
9805 KATY FREEWAY
G-200

(Street)
HOUSTON TEXAS 77024

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
MURPHY OIL CORP [ MUR ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
03/31/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Stock Unit(1)(2)03/31/2026A28 (3)(4) (3)(4)Common Stock28$035,595D
Explanation of Responses:
1. Restricted Stock Unit Award granted under the 2021 Stock Plan for Non-Employee Directors.
2. These Securities generally do not carry a Conversion Price, Exercisable Date, or Expiration Date.
3. 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.
4. The shares represent fully-vested restricted stock units ("RSUs") issued in lieu of quarterly cash retainer(s) payable under Murphy Oil Corporation's Non-Employee Director Deferred Compensation Plan.
/s/ E. Ted Botner, attorney-in-fact04/01/2026
** Signature of Reporting PersonDate
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).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What did Murphy Oil (MUR) director Michelle A. Earley report on this Form 4?

Michelle A. Earley reported receiving 28 fully vested restricted stock units as a grant. The RSUs were awarded under Murphy Oil’s 2021 Stock Plan for Non-Employee Directors and represent deferred equity compensation instead of a cash retainer.

Is the Murphy Oil (MUR) Form 4 transaction a stock purchase or a compensation award?

The Form 4 shows a compensation-related award, not a market purchase. Earley received 28 restricted stock units as a grant in lieu of quarterly cash retainer payments, consistent with Murphy Oil’s Non-Employee Director Deferred Compensation Plan.

How many Murphy Oil (MUR) shares does Michelle A. Earley hold after this RSU grant?

After the grant, Earley holds 35,595 shares underlying restricted stock units directly. This figure reflects her beneficial ownership following the 28-unit RSU award reported in the filing and represents her accumulated deferred equity compensation position.

What plan governs the RSU award reported for Murphy Oil (MUR) director Michelle A. Earley?

The RSU award was granted under the 2021 Stock Plan for Non-Employee Directors. The filing also notes that the units are issued under Murphy Oil’s Non-Employee Director Deferred Compensation Plan in lieu of quarterly cash retainers otherwise payable in cash.

When will the restricted stock units for Murphy Oil (MUR) director be settled in shares?

Settlement of the restricted stock units will occur on a deferred basis according to Earley’s prior election. The filing states settlement will be either after her termination of service from the Board or on a future date she selected in her deferral election form.

Do the restricted stock units in the Murphy Oil (MUR) filing have an exercise price or expiration date?

The filing indicates these restricted stock units generally do not carry a conversion price, exercisable date, or expiration date. They represent fully vested RSUs that will convert into Murphy Oil common stock upon the deferred settlement date chosen under plan terms.