Hambly Eric M 4

What Happened
Eric M. Hambly, President & CEO of Murphy Oil (MUR), had time‑based restricted stock units (RSUs) vest on January 30, 2026 and settled into common shares. The filing shows 14,832 shares were acquired on conversion of RSUs. To cover tax withholding on the RSU vesting, 6,003 shares were surrendered/withheld at $29.90 per share, generating proceeds of $179,477. The net increase to Hambly’s holdings from this vesting is 8,829 shares (14,832 acquired minus 6,003 withheld). The filing also references 13,290 derivative-conversion entries reported at $0, which reflect technical settlement reporting of the RSU conversion.

Key Details

• Transaction date: January 30, 2026 (vest date per filing). Filing date: February 2, 2026 (timely).
• Acquired: 14,832 shares from RSU settlement (includes dividend equivalents per footnote).
• Withheld for taxes (disposition): 6,003 shares at $29.90 each = $179,477.
• Net new shares from this vesting: 8,829 shares.
• Additional note: 739 shares referenced from the Company Thrift Plan (plan statement dated Dec 31, 2025).
• Footnotes: RSUs granted under the 2020 Long‑Term Incentive Plan; vest date Jan 30, 2026; shares withheld represent tax withholding.
• Shares owned after transaction: not specified in the provided filing excerpt.
• Timeliness: Form 4 filed Feb 2, 2026 — appears timely (filed within the Form 4 reporting window).

Context
This was a scheduled RSU vesting and settlement (award-to-stock conversion), not an open‑market purchase or deliberate sale. The withholding of shares to satisfy taxes is routine and common when equity awards vest. The zero-dollar derivative disposition lines reflect technical reporting of the conversion/settlement rather than an open‑market sale.