MURPHY OIL CORP·4

Feb 5, 3:42 PM ET

Hambly Eric M 4

4 · MURPHY OIL CORP · Filed Feb 5, 2026

Research Summary

AI-generated summary of this filing

Updated

Murphy Oil (MUR) CEO Eric Hambly Exercises Derivatives, Receives Awards

What Happened

  • Eric M. Hambly, President & CEO of Murphy Oil (MUR), had a mix of derivative conversions/exercises and equity awards on Feb 3, 2026. Transaction lines show 35,589 shares from a conversion/exercise (M) and two awards/grants of 77,210 and 115,820 shares (A) were recorded as acquired (these are RSU/PSU-type awards).
  • The filing also shows 14,005 shares were withheld/disposed to satisfy tax withholding at $30.05 per share for proceeds of $420,804 (F2). Another line shows 39,860 shares from a conversion/exercise treated as disposed with $0 proceeds (a non-cash settlement/conversion entry). Based on the reported lines, the filing shows roughly 228,619 shares credited (35,589 + 77,210 + 115,820) and 53,865 shares removed (14,005 + 39,860), a net increase of about 174,754 shares arising from these events (per the filing lines).

Key Details

  • Transaction date: February 3, 2026; Filing date: February 5, 2026. No late filing flag shown in the provided data.
  • Tax withholding: 14,005 shares withheld at $30.05 = $420,804 (routine sale to cover taxes).
  • Awards/Derivatives: Performance- and time-based restricted stock units (RSUs/PSUs) and conversions/exercises rather than open-market purchases or discretionary sales. Footnotes: F1 (vested performance RSUs — 80% of original award plus dividend equivalents), F2 (shares withheld for taxes), F3 & F7 (performance awards under 2020 and 2025 LTIP), F5 (time-based award under 2025 plan), F6 (time-based award vests Feb 3, 2029), F4 (securities without conversion price/exercise/expiration dates).
  • Shares owned after transaction: Not specified in the provided data.
  • Nature of activity: Mostly compensation-related vesting/settlement and routine tax withholding — not an open-market investment purchase.

Context

  • These transactions are largely awards and vesting/settlement of restricted stock units (performance- and time-based), not discretionary purchases or market sales (other than share withholding to cover taxes). The $420.8k shown is the tax-withholding sale; lines showing $0 proceeds reflect non-cash settlements/conversions common with RSU/PSU vesting.
  • For retail investors, such compensation-related insider filings indicate executive remuneration events rather than direct bullish/bearish trading signals.

Insider Transaction Report

Form 4
Period: 2026-02-03
Hambly Eric M
President & CEO
Transactions
  • Exercise/Conversion

    Common Stock

    [F1]
    2026-02-03+35,589412,399 total
  • Tax Payment

    Common Stock

    [F2]
    2026-02-03$30.05/sh14,005$420,804398,394 total
  • Exercise/Conversion

    Performance Stock Unit

    [F3][F4][F1]
    2026-02-0339,860214,980 total
    Common Stock (39,860 underlying)
  • Award

    Restricted Stock Unit

    [F5][F4][F6]
    2026-02-03+77,210148,870 total
    Common Stock (77,210 underlying)
  • Award

    Performance Stock Unit

    [F7][F4]
    2026-02-03+115,820330,800 total
    Common Stock (115,820 underlying)
Holdings
  • Common Stock

    (indirect: By Trust)
    15,285
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

Documents

1 file
  • 4
    form4.xmlPrimary

    PRIMARY DOCUMENT