Vaughan Paul D. 4

4 · MURPHY OIL CORP · Filed Feb 5, 2026

AI-generated summary of this filing

Updated Feb 5, 2026

Murphy Oil (MUR) VP Paul Vaughan Receives RSUs, Exercises/Settles Derivatives

What Happened

Paul D. Vaughan, Vice President & Controller of Murphy Oil (MUR), had performance-based restricted stock units (PSUs/RSUs) vest and settle into shares on February 3, 2026 and concurrently received new RSU awards. The filing shows conversions/acquisitions of shares (4,955 shares acquired via conversion and two RSU grants of 9,150 shares each), and 1,995 shares were withheld to cover taxes at $30.05 per share (proceeds = $59,943).

Key Details

Transaction date: February 3, 2026; Form 4 filed February 5, 2026 (appears timely).
Tax withholding: 1,995 shares withheld @ $30.05 = $59,943 (reported as disposition code F).
Conversions/settlements: 4,955 shares reported as acquired via derivative conversion/exercise (code M); an additional 5,550 derivative shares are listed as disposed/converted (code M) in the filing mechanics.
New awards: Two grants of 9,150 RSUs each (codes A) were reported; these are awards and show $0 exercise price (derivative awards, not open-market purchases).
Shares owned after the transactions: not specified in the provided excerpt of the filing.
Relevant footnotes: F1 indicates the vested performance RSUs settled one-for-one and reflect 80% of the original award plus dividend equivalents; F2 notes the shares withheld for taxes; F3/F5/F7 identify the awards as performance- and time-based grants under the 2020 and 2025 Long-Term Incentive Plans; F6 indicates a vest date of Feb 3, 2029 for at least one grant; F4 notes these securities generally do not carry a conversion price, exercisable date, or expiration date.

Context

These transactions reflect RSU/PSU vesting and new RSU grants, not an open-market buy or a cash sale. The 1,995-share withholding for taxes is a common administrative step when RSUs vest and does not necessarily indicate a discretionary sale.
The new RSU awards are time- and/or performance-based and include future vesting (e.g., Feb 3, 2029 for at least one award), so they are not immediately tradable.
Overall, this filing documents compensation-related equity activity (vesting/settlement and awards) rather than a market purchase or a deliberate sale for investment reasons.

Form 4

Period: 2026-02-03

Vice President & Controller

Transactions

Exercise/Conversion
Common Stock
[F1]
2026-02-03+4,955→ 28,153 total
Tax Payment
Common Stock
[F2]
2026-02-03$30.05/sh−1,995$59,943→ 26,158 total
Exercise/Conversion
Performance Stock Unit
[F3][F4][F1]
2026-02-03−5,550→ 19,790 total
→ Common Stock (5,550 underlying)
Award
Restricted Stock Unit
[F5][F4][F6]
2026-02-03+9,150→ 29,700 total
→ Common Stock (9,150 underlying)
Award
Performance Stock Unit
[F7][F4]
2026-02-03+9,150→ 28,940 total
→ Common Stock (9,150 underlying)

Footnotes (7)

[F1]Represents performance-based 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 performance-based grant awarded under the 2020 Long-Term Incentive Plan, the total includes 80% of the original award, plus shares equivalent in value to accumulated dividends.
[F2]Shares withheld for taxes on PSU vesting.
[F3]Performance-based restricted stock unit award granted under the 2020 Long-Term Incentive Plan.
[F4]These Securities generally do not carry a Conversion Price, Exercisable Date, or Expiration Date.
[F5]Time-based restricted stock unit award granted under the 2025 Long-Term Incentive Plan.
[F6]Vest date is February 3, 2029.
[F7]Performance-based restricted stock unit award granted under the 2025 Long-Term Incentive Plan.

Signature

/s/ E. Ted Botner, attorney-in-fact|2026-02-05

1 file