Murphy Oil (NYSE: MUR) CFO receives new stock unit awards
Rhea-AI Filing Summary
Murphy Oil Executive Vice President and CFO Thomas J. Mireles reported equity compensation activity involving both common stock and stock units. On February 3, 2026, performance-based restricted stock units vested and settled into 35,589 shares of common stock on a one-for-one basis. The total reflected 80% of the original performance award under the 2020 Long-Term Incentive Plan plus additional shares equivalent to accumulated dividends.
To cover taxes on the performance stock unit vesting, 14,005 shares of common stock were withheld at $30.0467 per share. Mireles also received new grants of 36,610 time-based restricted stock units and 54,910 performance-based stock units under the 2025 Long-Term Incentive Plan, with the time-based units vesting on February 3, 2029. After these transactions, he held 185,667 common shares directly and 11,784 shares indirectly as trustee of the company thrift plan.
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Insights
Routine long-term incentive vesting and new awards for Murphy Oil’s CFO.
The report shows performance stock units vesting into 35,589 common shares for Murphy Oil’s Executive Vice President & CFO, Thomas J. Mireles, under the 2020 Long-Term Incentive Plan. These units settled one-for-one into stock, including additional shares mirroring accumulated dividends.
The code F transaction withheld 14,005 shares at $30.0467 per share to satisfy taxes on the vesting, a common non-cash mechanism in equity plans rather than an open-market sale. New grants of 36,610 time-based RSUs and 54,910 performance stock units under the 2025 plan, with a vest date of February 3, 2029 for the time-based award, reinforce a multi‑year incentive structure tied to continued service and performance.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Performance Stock Unit | 39,860 | $0.00 | $0.00 |
| Grant/Award | Restricted Stock Unit | 36,610 | $0.00 | $0.00 |
| Grant/Award | Performance Stock Unit | 54,910 | $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 | -- | -- | -- |
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.
FAQ
What insider activity did Murphy Oil (MUR) disclose for its CFO on February 3, 2026?
What new stock unit awards did Murphy Oil (MUR) grant its CFO in 2026?
What plan governed the Murphy Oil (MUR) performance stock units that vested for the CFO?
Do the Murphy Oil (MUR) stock units reported carry an expiration date or conversion price?
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