Murphy Oil (NYSE: MUR) SVP reports PSU vesting and new RSU grants
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Murphy Oil Corporation Senior Vice President Daniel R. Hanchera reported equity compensation activity on February 3, 2026. Performance-based restricted stock units vested into 9,899 shares of common stock, and 2,411 shares were withheld at $30.0467 per share to cover taxes on the vesting.
Hanchera exercised 11,090 performance stock units into common stock and, following this, held 34,980 derivative securities tied to that award. He also received a new grant of 14,980 time-based restricted stock units and 14,980 performance-based stock units under Murphy Oil’s 2025 Long-Term Incentive Plan, each convertible into common stock on a one-for-one basis. After these non-derivative transactions, he directly owned 83,486 shares of common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
11,090 shares exercised/converted
Mixed
5 txns
Insider
Hanchera Daniel R
Role
Senior Vice President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Performance Stock Unit | 11,090 | $0.00 | -- |
| Grant/Award | Restricted Stock Unit | 14,980 | $0.00 | -- |
| Grant/Award | Performance Stock Unit | 14,980 | $0.00 | -- |
| Exercise | Common Stock | 9,899 | $0.00 | -- |
| Tax Withholding | Common Stock | 2,411 | $30.0467 | $72K |
Holdings After Transaction:
Performance Stock Unit — 34,980 shares (Direct);
Restricted Stock Unit — 38,290 shares (Direct);
Common Stock — 85,897 shares (Direct)
Footnotes (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.
FAQ
What insider transactions did Murphy Oil (MUR) report for Daniel R. Hanchera?
Murphy Oil Senior Vice President Daniel R. Hanchera reported PSU vesting into 9,899 common shares and tax withholding of 2,411 shares at $30.0467. He also exercised 11,090 performance stock units and received new RSU and PSU grants, all settled or convertible on a one-for-one common share basis.
What equity awards were granted to Daniel R. Hanchera in Murphy Oil’s 2025 Long-Term Incentive Plan?
Hanchera received 14,980 time-based restricted stock units and 14,980 performance-based stock units under the 2025 Long-Term Incentive Plan. Each unit is tied to one Murphy Oil common share, with the time-based RSUs vesting on February 3, 2029, according to the footnotes.
How are Murphy Oil (MUR) performance-based RSUs described in this Form 4?
The performance-based restricted stock units vested and settled into Murphy Oil common stock on a one-for-one basis. The total reflects 80% of the original performance award plus additional shares equivalent to accumulated dividends, under the company’s 2020 Long-Term Incentive Plan provisions.
What derivative holdings does Daniel R. Hanchera report in Murphy Oil (MUR) after these transactions?
Following the transactions, Hanchera reports 34,980 derivative securities related to a performance stock unit award, 38,290 related to a restricted stock unit award, and 49,960 tied to another performance stock unit award. All are settled or convertible into Murphy Oil common shares on a one-for-one basis.