Murphy Oil (NYSE: MUR) director reports RSU grant and share acquisition

Rhea-AI Filing Summary

Murphy Oil director Elisabeth W. Keller reported equity compensation activity and updated holdings. On February 4, 2026, she received an award of 6,316 Restricted Stock Units (RSUs) under the 2021 Stock Plan for Non-Employee Directors, scheduled to vest on February 4, 2027. On February 5, 2026, 7,886 shares of common stock were acquired upon the vesting and settlement of RSUs on a one-for-one basis, including shares equivalent in value to accumulated dividends. After these transactions, she directly owned 73,401 shares of Murphy Oil common stock, in addition to indirect holdings through a daughter and family trusts.

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^*

Keller Elisabeth W

(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)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
02/04/2026

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	02/05/2026		M		7,886(1)	A	(1)	73,401	D
Common Stock								7,151	I	Held by Daughter
Common Stock								39,021	I	Held in Family Trust
Common Stock								201,191	I	Held in Family Trust
Common Stock								139,006	I	Held in Family Trust
Common Stock								139,006	I	Held in Family Trust

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
Restricted Stock Unit(2)	(3)	02/04/2026		A		6,316		(3)(4)	(3)(4)	Common Stock	6,316	$0	13,813	D
Restricted Stock Unit(2)	(3)	02/05/2026		M			7,497	(3)	(3)	Common Stock	7,497	$0	6,316	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 2021 Stock Plan for Non-Employee Directors, the total includes 100% of the original award, plus shares equivalent in value to accumulated dividends.

2. Restricted Stock Unit Award granted under the 2021 Stock Plan for Non-Employee Directors.

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

4. Vest date is February 4, 2027.

	/s/ E. Ted Botner, attorney-in-fact	02/06/2026
	** Signature of Reporting Person	Date
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FAQ

What insider transaction did Murphy Oil (MUR) director Elisabeth W. Keller report?

Murphy Oil director Elisabeth W. Keller reported RSU vesting and related share acquisition. On February 5, 2026, 7,886 common shares were acquired upon settlement of Restricted Stock Units, updating her direct and indirect ownership positions in the company’s stock.

How many Restricted Stock Units did Murphy Oil grant to director Keller and when do they vest?

Keller received 6,316 Restricted Stock Units on February 4, 2026 under the 2021 Stock Plan for Non-Employee Directors. These RSUs are scheduled to vest on February 4, 2027, and settle into an equal number of Murphy Oil common shares on a one-for-one basis.

How many Murphy Oil shares did Keller acquire from RSU settlement in this Form 4?

The Form 4 shows 7,886 Murphy Oil common shares acquired on February 5, 2026 through the vesting and settlement of Restricted Stock Units. The total reflects 100% of the original RSU award plus additional shares equivalent to accumulated dividend value.

What is Elisabeth W. Keller’s direct share ownership in Murphy Oil after these transactions?

Following the reported transactions, Keller directly owned 73,401 Murphy Oil common shares. This updated figure reflects the addition of shares received from RSU vesting and settlement, on top of her existing direct holdings in the company’s stock.

What indirect Murphy Oil holdings associated with Keller are disclosed in the Form 4?

The filing lists indirect ownership including 7,151 Murphy Oil common shares held by her daughter and several blocks, such as 39,021, 201,191 and 139,006 shares, held in family trusts. These positions are reported as indirect beneficial ownership interests.

Under which plan were Keller’s Murphy Oil RSUs granted and what are their key terms?

The RSUs were granted under Murphy Oil’s 2021 Stock Plan for Non-Employee Directors. They generally have no conversion price or stated expiration date, vest on February 4, 2027, and settle into an equal number of common shares on a one-for-one basis at vesting.