DEMING CLAIBORNE P 4

What Happened
Claiborne P. Deming, a director of Murphy Oil Corp. (MUR), was granted 6,316 restricted stock units (RSUs) on February 4, 2026. The Form 4 reports the award as a derivative grant (code A) with an acquisition price of $0.00 per unit (typical for RSU grants). The RSUs vest on February 4, 2027 and the award’s settlement has been deferred per the reporting person's deferral election.

Key Details

• Transaction date: 2026-02-04; Form 4 filed 2026-02-06 (within the standard 2-business-day reporting window).
• Award: 6,316 restricted stock units; reported price $0.00 (RSUs are not purchased shares).
• Vesting: February 4, 2027.
• Deferral: Reporting person elected to defer settlement either until termination of Board service or to a future date selected in the deferral election.
• Conversion/Exercise: Filing notes these securities generally do not carry a conversion price, exercise date, or expiration date.
• Shares owned after the grant: not specified in the filing.

Context

• This is an equity compensation grant to a non-employee director (part of the 2021 Stock Plan for Non-Employee Directors), not an open-market purchase or sale. Such grants are routine director compensation and do not by themselves indicate a buy/sell signal.
• Because settlement is deferred, the recipient will not immediately receive underlying shares; they will receive shares (or cash if plan allows) at the deferred settlement date or upon leaving the Board per their election.