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.

Insights

Equity compensation analyst

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

39,860 shares exercised/converted

Mixed 6 txns

Insider MIRELES THOMAS J

Role Executive Vice President & CFO

Type	Security	Shares	Price	Value
Exercise	Performance Stock Unit	39,860	$0.00	--
Grant/Award	Restricted Stock Unit	36,610	$0.00	--
Grant/Award	Performance Stock Unit	54,910	$0.00	--
Exercise	Common Stock	35,589	$0.00	--
Tax Withholding	Common Stock	14,005	$30.0467	$421K
holding	Common Stock	--	--	--

Holdings After Transaction: Performance Stock Unit — 133,550 shares (Direct); Restricted Stock Unit — 81,130 shares (Direct); Common Stock — 199,672 shares (Direct); Common Stock — 11,784 shares (Indirect, Trustee of Company Thrift Plan)

Footnotes (1)

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.

Form 4 Insider Transactions: What Each Field Means →

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
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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^*

MIRELES THOMAS J

(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)
	Executive Vice President & CFO

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)	199,672	D
Common Stock	02/03/2026		F(2)		14,005	D	$30.0467	185,667	D
Common Stock								11,784	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	133,550	D
Restricted Stock Unit(5)	(4)	02/03/2026		A		36,610		(4)(6)	(4)(6)	Common Stock	36,610	$0	81,130	D
Performance Stock Unit(7)	(4)	02/03/2026		A		54,910		(4)	(4)	Common Stock	54,910	$0	188,460	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.
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FAQ

What insider activity did Murphy Oil (MUR) disclose for its CFO on February 3, 2026?

Murphy Oil reported that CFO Thomas J. Mireles had performance stock units vest into 35,589 common shares on February 3, 2026. The company also withheld 14,005 shares for taxes and granted new restricted and performance stock units the same day.

How many Murphy Oil (MUR) shares did the CFO hold after the reported Form 4 transactions?

After the transactions, CFO Thomas J. Mireles directly held 185,667 shares of Murphy Oil common stock. He also had indirect beneficial ownership of 11,784 additional shares as trustee of the company thrift plan, according to the filing’s ownership table.

What new stock unit awards did Murphy Oil (MUR) grant its CFO in 2026?

Murphy Oil granted CFO Thomas J. Mireles 36,610 time-based restricted stock units and 54,910 performance-based stock units under the 2025 Long-Term Incentive Plan. The time-based restricted stock units are scheduled to vest on February 3, 2029, if the vesting conditions are met.

Why were 14,005 Murphy Oil (MUR) shares withheld from the CFO’s vested award?

The filing states that 14,005 common shares were withheld to cover taxes related to the performance stock unit vesting. These shares were valued at $30.0467 per share, reflecting a standard tax-settlement feature of equity compensation rather than a discretionary market sale.

What plan governed the Murphy Oil (MUR) performance stock units that vested for the CFO?

The vested performance-based restricted stock units came from a grant under Murphy Oil’s 2020 Long-Term Incentive Plan. The filing notes the vested amount equaled 80% of the original award plus additional shares corresponding to accumulated dividend equivalents, all settling one-for-one into common stock.

Do the Murphy Oil (MUR) stock units reported carry an expiration date or conversion price?

The document explains that these stock unit securities generally do not have a conversion price, exercisable date, or expiration date. Instead, vesting and settlement are governed by the terms of the company’s long-term incentive plans and the specific vesting schedules disclosed.