MIRELES THOMAS J 4

4 · MURPHY OIL CORP · Filed Feb 5, 2026

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Updated Feb 5, 2026

Murphy Oil (MUR) CFO Thomas Mireles Exercises and Receives RSUs

What Happened

Thomas J. Mireles, Executive Vice President & Chief Financial Officer of Murphy Oil, had performance-based restricted stock units (RSUs) vest/convert and received additional RSU awards on Feb 3, 2026. Transactions reported: conversion/exercise-type entries for 35,589 shares (acquired) and 39,860 shares (recorded as derivative disposition), two awards/grants of 36,610 and 54,910 RSU-type securities (acquired as derivatives), and 14,005 shares were withheld to satisfy tax withholding at $30.05 per share (≈ $420,804). The conversions/grants carry no cash exercise price.

Key Details

Transaction date: February 3, 2026. Form 4 filed February 5, 2026 (timely within two business days).
Prices recorded: tax-withholding shares withheld at $30.05/share (14,005 shares ≈ $420,804). Other derivative/conversion and grant items show $0 or N/A (typical for RSU settlements/grants).
Shares owned after the transactions: not disclosed in the provided excerpt.
Notable footnotes: F1 confirms these were performance-based RSUs that vested and settled one-for-one (includes 80% of original award plus dividend equivalents); F2 denotes shares withheld for taxes; F3/F7 are performance-based RSU awards (2020 and 2025 LTIP); F5 is a time-based RSU award (2025 LTIP); F6 notes a vest date of Feb 3, 2029 for certain grants; F4 explains these securities generally lack conversion price/exercise/expiration dates.
Transaction codes explained: M = exercise/conversion of derivative, A = grant/award, F = shares withheld for tax withholding.

Context

These entries reflect RSU vesting/settlement and new RSU awards rather than an open‑market buy or sell. The 14,005-share withholding is a routine tax-related disposition (not an open-market sale signaling a change in view). Some newly granted RSUs are time- or performance‑based with future vesting (e.g., vest date shown as Feb 3, 2029), so they do not represent immediately tradable stock.

Form 4

Period: 2026-02-03

Executive Vice President & CFO

Transactions

Exercise/Conversion
Common Stock
[F1]
2026-02-03+35,589→ 199,672 total
Tax Payment
Common Stock
[F2]
2026-02-03$30.05/sh−14,005$420,804→ 185,667 total
Exercise/Conversion
Performance Stock Unit
[F3][F4][F1]
2026-02-03−39,860→ 133,550 total
→ Common Stock (39,860 underlying)
Award
Restricted Stock Unit
[F5][F4][F6]
2026-02-03+36,610→ 81,130 total
→ Common Stock (36,610 underlying)
Award
Performance Stock Unit
[F7][F4]
2026-02-03+54,910→ 188,460 total
→ Common Stock (54,910 underlying)

Holdings

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