MURPHY OIL CORP·4

Feb 2, 8:40 PM ET

MIRELES THOMAS J 4

4 · MURPHY OIL CORP · Filed Feb 2, 2026

Research Summary

AI-generated summary of this filing

Updated

Murphy Oil (MUR) CFO Thomas Mireles Receives 28,122 RSU Shares

What Happened
Thomas J. Mireles, Executive Vice President & CFO of Murphy Oil (MUR), had time‑based restricted stock units (RSUs) vest and convert into a total of 28,122 shares on January 30, 2026. Of those, 6,059 shares were withheld to cover taxes (disposed at $29.90 per share for ~$181,151). Net shares retained from the vesting were approximately 22,063.

Key Details

  • Transaction date: January 30, 2026; Form 4 filed February 2, 2026 (filed within SEC timing requirements).
  • Vesting/Conversion: 28,122 shares converted from RSUs (reported as derivative conversions).
  • Tax withholding: 6,059 shares withheld at $29.90 → proceeds ~$181,151 (code F — tax withholding).
  • One line shows 13,290 shares reported with $0 cash exchange — consistent with non‑cash RSU settlement.
  • Report notes RSUs include 100% of the original award plus dividend‑equivalent shares; vest date = Jan 30, 2026 (footnotes).
  • The filing references 570 shares obtained through the Company Thrift Plan per a plan statement dated Dec 31, 2025.
  • The Form extract provided does not show total beneficial ownership following the transaction.

Context

  • These transactions reflect RSU vesting and settlement, not an open‑market purchase or voluntary sale. The withholding of shares to cover taxes is routine and common for RSU settlements.
  • Derivative code M here indicates conversion/settlement of equity awards; the F code line represents tax withholding (disposition of shares to pay taxes), not a market sale.
  • No 10%‑owner issues or 10b5‑1 plan is indicated in the provided footnotes.

Insider Transaction Report

Form 4
Period: 2026-01-30
MIRELES THOMAS J
Executive Vice President & CFO
Transactions
  • Exercise/Conversion

    Common Stock

    [F1]
    2026-01-30+14,832170,142 total
  • Tax Payment

    Common Stock

    [F2]
    2026-01-30$29.90/sh6,059$181,151164,083 total
  • Exercise/Conversion

    Restricted Stock Unit

    [F4][F1][F5][F6]
    2026-01-3013,29044,520 total
    Common Stock (13,290 underlying)
Holdings
  • Common Stock

    [F3]
    (indirect: By Trust)
    11,784
Footnotes (6)
  • [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 570 shares obtained through the Company Thrift Plan. The information in this report is based on a plan statement dated December 31, 2025.
  • [F4]Time-based restricted stock unit award granted under the 2020 Long-Term Incentive Plan.
  • [F5]These Securities generally do not carry a Conversion Price, Exercisable Date, or Expiration Date.
  • [F6]Vest date is January 30, 2026.
Signature
/s/ E. Ted Botner, attorney-in-fact|2026-02-02

Documents

1 file
  • 4
    form4.xmlPrimary

    PRIMARY DOCUMENT