MIRELES THOMAS J 4

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.