Hanchera Daniel R 4

What Happened

• Daniel R. Hanchera, Senior Vice President of Murphy Oil (MUR), had time‑based restricted stock units (RSUs) vest and settle into 8,259 shares on January 30, 2026.
• To cover tax withholding on the RSU vest, 2,261 shares were surrendered at $29.90 per share for $67,599. The filing also reports the conversion/cancellation of 7,400 derivative units (reported as disposed at $0), consistent with the RSU award mechanics in the footnotes.
• Net result: about 5,998 shares were added to Hanchera’s holdings (8,259 settled minus 2,261 withheld).

Key Details

• Transaction date: January 30, 2026; Form 4 filed February 2, 2026 (appears filed within the normal 2‑business‑day window).
• Reported prices/values: tax withholding price $29.90/share; withholding value $67,599.
• Shares owned after transaction: not disclosed in this filing.
• Footnotes: RSUs were time‑based awards under the 2020 Long‑Term Incentive Plan, vested January 30, 2026, and include dividend equivalents (footnotes indicate the total includes original award + accumulated dividends). Shares were withheld for taxes per standard practice.
• Transaction codes: M = exercise/conversion of derivative (RSU conversion), F = shares withheld to satisfy tax withholding.

Context

• This was not an open‑market purchase or a discretionary sale for investment reasons — it reflects routine vesting of RSUs and share withholding to cover taxes. Tax withholdings are common and do not necessarily signal insider sentiment.
• For retail investors, note the filing documents equity compensation being realized and a modest net increase in insider-held shares rather than a market sale.