Vaughan Paul D. 4

What Happened

• Paul D. Vaughan, Vice President & Controller of Murphy Oil (MUR), had time‑based restricted stock units (RSUs) vest and settle into 4,130 common shares on January 30, 2026. Of those, 1,845 shares were withheld to cover tax obligations at $29.90 per share (total $55,162). The filing also reports related derivative conversion entries (code M), including 3,700 shares reported as converted/disposed at $0, which the filing treats as part of the RSU/derivative settlement process. Based on the settlement and withholding shown, Vaughan received a net of approximately 2,285 shares.

Key Details

• Transaction date: January 30, 2026 (vest date per footnote F5).
• Transactions reported: conversion/settlement of RSUs (code M) totaling 4,130 shares; tax withholding (code F) of 1,845 shares at $29.90/share, $55,162 total; a separate derivative conversion line of 3,700 shares reported at $0.
• Footnotes: RSUs were time‑based awards under the 2020 Long‑Term Incentive Plan and settled one‑for‑one in shares, including dividend equivalents (F1, F3, F4, F5). F2 confirms shares were withheld for taxes.
• Shares owned after the transaction: not specified in the Form 4 filing.
• Filing date: February 2, 2026 — within the SEC Form 4 reporting window (not flagged as late).

Context

• This was an award vesting and tax‑withholding transaction, not an open‑market purchase or sale. RSU vesting and shares‑withheld‑for‑taxes are routine and reflect compensation settlement; they are not necessarily a directional buy/sell signal. The derivative codes (M) indicate conversion/exercise of award units into shares rather than a market sale.