BOTNER E TED 4
4 · MURPHY OIL CORP · Filed Feb 2, 2026
Research Summary
AI-generated summary of this filing
Murphy Oil (MUR) EVP Ted Botner Receives 13,415 RSU Shares
What Happened
Ted Botner, EVP, General Counsel & Corporate Secretary of Murphy Oil (MUR), reported the vesting/settlement of time‑based restricted stock units (RSUs) on January 30, 2026. A total of 13,415 shares were issued on vesting. To satisfy tax withholding on the vesting, 5,519 shares were withheld at $29.90 per share, equal to $165,007. The report also shows conversion/exercise reporting of 12,020 derivative/phantom units recorded with $0 proceeds (these represent non‑tradable plan units rather than an open‑market sale).
Key Details
- Transaction date: January 30, 2026 (vest date per footnote F9).
- RSU shares issued/converted: 13,415 shares acquired.
- Tax withholding: 5,519 shares withheld at $29.90/share for $165,007 (footnote F2).
- Derivative units: 12,020 reported as exercised/converted with $0 proceeds (phantom/excess benefit plan units; see F4–F6).
- Additional plan shares included in the totals: 1,357 shares from the Company Thrift Plan (F3) and 1,113 shares from the excess benefit plan (F6).
- Filing: Report filed Feb 2, 2026 for a Jan 30 transaction — appears timely (Form 4 due within two business days).
- Shares owned after the transaction: not specified in the provided excerpt.
Context
This was a standard equity compensation event (RSUs vesting) rather than an open‑market purchase or a discretionary sale. Withholding shares to cover taxes is routine and does not necessarily signal insider buying or selling intent. The 12,020 derivative/phantom units are non‑tradable plan units that are typically settled per plan terms (often at retirement or termination), so they do not reflect an immediate market transaction.
Insider Transaction Report
- Exercise/Conversion
Common Stock
[F1]2026-01-30+13,415→ 212,252 total - Tax Payment
Common Stock
[F2]2026-01-30$29.90/sh−5,519$165,007→ 206,733 total - Exercise/Conversion
Restricted Stock Unit
[F7][F1][F8][F9]2026-01-30−12,020→ 25,250 total→ Common Stock (12,020 underlying)
- 10,000(indirect: By Children)
Common Stock
- 19,133(indirect: By Trust)
Common Stock
[F3] - 9,560
Phantom Stock Unit
[F4][F5][F6]→ Common Stock (9,560 underlying)
Footnotes (9)
- [F1]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 2020 Long-Term Incentive Plan, the total includes 100% of the original award, plus shares equivalent in value to accumulated dividends.
- [F2]Shares withheld for taxes on RSU vesting.
- [F3]Includes 1,357 shares obtained through the Company Thrift Plan. The information in this report is based on a plan statement dated December 31, 2025.
- [F4]Each phantom stock unit is the economic equivalent of one (1) share of Murphy Oil Corporation common stock.
- [F5]The reported phantom stock units were acquired under Murphy Oil Corporation's excess benefit plan and are to be settled upon the reporting person's retirement or other termination of service. The reporting person may transfer the value of his phantom stock units into an alternative investment account at any time prior to settlement.
- [F6]Includes 1,113 shares obtained under Murphy Oil Corporation's excess benefit plan. The information in this report is based on a plan statement dated December 31, 2025.
- [F7]Time-based restricted stock unit award granted under the 2020 Long-Term Incentive Plan.
- [F8]These Securities generally do not carry a Conversion Price, Exercisable Date, or Expiration Date.
- [F9]Vest date is January 30, 2026.