Riaz Atif 4

What Happened
Riaz Atif, Vice President & Treasurer of Murphy Oil (MUR), had time‑based restricted stock units (RSUs) vest and settle into shares on January 30, 2026. A total of 5,862 shares were issued on settlement (3,092 reported as acquired and 2,770 reported as conversion of derivative securities). To cover tax withholding, 1,381 shares were withheld and valued at $29.90 per share (total withheld value $41,289). The awards are governed by the company's 2020 Long‑Term Incentive Plan.

Key Details

• Transaction date: January 30, 2026; Form 4 filed February 2, 2026 (timely within the two business‑day filing window).
• Shares issued/converted: 3,092 shares (acquired) + 2,770 shares (conversion of derivative) = 5,862 total shares settled.
• Shares withheld for taxes: 1,381 shares at $29.90 = $41,289 (listed as a disposition for tax withholding).
• Price/amount notes: The 2,770 conversion shows $0 because these securities do not carry an exercise price (per filing footnotes).
• Footnotes of note: F1–F5 indicate these were time‑based RSUs (including dividend equivalents), vested Jan 30, 2026, and some shares were withheld for taxes.
• Shares owned after transaction: Not specified in the provided filing.

Context
This was a vesting/settlement of RSUs, not an open‑market purchase or a cash sale. Withholding shares to cover taxes is a routine administrative step and does not necessarily indicate an insider view on the stock. The conversion entries are typical for RSUs that settle into common shares and do not require a cash exercise price.