Martinez Maria A 4

4 · MURPHY OIL CORP · Filed Feb 5, 2026

AI-generated summary of this filing

Updated Feb 5, 2026

Murphy Oil (MUR) SVP Maria Martinez Receives RSU Awards; Shares Withheld

What Happened

Maria A. Martinez, Senior Vice President of Murphy Oil (MUR), had restricted stock/unit awards settle and related derivative awards convert/settle on February 3, 2026. The filing shows two grants/awards of 11,650 shares each (total 23,300 shares) recorded as acquired, plus conversions/exercises of derivative awards (4,331 shares acquired; 4,850 shares recorded as disposed at $0). To cover tax withholding on vesting, 1,767 shares were withheld/disposed at $30.05, generating proceeds of $53,093.
This is primarily award/settlement activity (A and M codes), not an open-market purchase or voluntary sale—more a compensation-related issuance and associated tax withholding.

Key Details

Transaction date: February 3, 2026; Form filed: February 5, 2026 (timely filing).
Grants/awards: two entries of 11,650 shares each (A code) — performance- and time-based RSU awards per footnotes.
Derivative conversions/exercises (M code): 4,331 shares acquired; 4,850 shares recorded as disposed at $0 (bookkeeping related to settlement).
Tax withholding (F code): 1,767 shares withheld at $30.05, netting $53,093. Footnote F2 confirms shares were withheld for taxes. Footnote F1 notes the performance RSUs settled at one-for-one and include 80% of the original award plus dividend equivalents. Footnotes F3–F7 identify awards under the 2020 and 2025 Long-Term Incentive Plans and a vest date (one award vests Feb 3, 2029).
Shares owned after the transactions: not disclosed in the provided filing excerpt.
No indication the filing was late.

Context

Codes: A = grant/award, M = exercise/conversion of derivative, F = tax withholding to cover tax liabilities. When performance- or time-based RSUs vest, they typically convert into shares; some of those shares are often withheld to cover taxes (routine, not an open-market sale).
This filing reflects compensation settlement and tax withholding rather than a manager buying or opportunistically selling stock; such award settlements are common and do not by themselves indicate an independent buy/sell signal.

Form 4

Period: 2026-02-03

Senior Vice President

Transactions

Exercise/Conversion
Common Stock
[F1]
2026-02-03+4,331→ 60,375 total
Tax Payment
Common Stock
[F2]
2026-02-03$30.05/sh−1,767$53,093→ 58,608 total
Exercise/Conversion
Performance Stock Unit
[F3][F4][F1]
2026-02-03−4,850→ 20,950 total
→ Common Stock (4,850 underlying)
Award
Restricted Stock Unit
[F5][F4][F6]
2026-02-03+11,650→ 33,120 total
→ Common Stock (11,650 underlying)
Award
Performance Stock Unit
[F7][F4]
2026-02-03+11,650→ 32,600 total
→ Common Stock (11,650 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