DICKERSON LAWRENCE R 4

What Happened

• Lawrence R. Dickerson, a director of Murphy Oil Corp. (MUR), received a grant/award of 6,316 restricted stock units (RSUs) reported on Feb 4, 2026, and on Feb 5, 2026 converted/exercised derivatives that resulted in 7,886 shares acquired and 7,497 shares disposed. Reported prices for these transactions are $0.00 or N/A in the filing, and no dollar values are listed for the disposals or acquisitions.
• The filing’s footnotes identify the awards as RSUs under the 2021 Stock Plan for Non-Employee Directors, note that RSUs can settle one‑for‑one into shares (including dividend-equivalent shares), and state these securities generally lack a conversion price, exercisability date, or expiration. One footnote lists a vest date of Feb 4, 2027; the filing also includes language that some RSUs “have vested and settled” — consult the full Form 4 for reconciliation of those notes.

Key Details

• Transaction dates: Feb 4, 2026 (award/grant of 6,316 RSUs); Feb 5, 2026 (exercise/conversion: 7,886 shares acquired; exercise/conversion/disposition: 7,497 shares disposed).
• Reported prices/values: $0.00 or N/A for the listed transactions; no cash proceeds or dollar value is shown in the summary provided.
• Transaction codes: A = Award/Grant (RSUs); M = Exercise/Conversion of derivative securities.
• Shares owned after the transactions: Not specified in the data provided (check the full Form 4 for post-transaction holdings).
• Filing date and timeliness: Form filed Feb 6, 2026; transactions occurred Feb 4–5, 2026, so the filing appears timely based on the dates reported.

Context

• “Exercise/conversion” here refers to derivative awards (RSUs or similar) being converted into common shares. A portion of the resulting shares was disposed of according to the filing; the reported $0.00/N/A prices may reflect non-cash settlements, transfers within the plan, or tax-withholding arrangements, but the Form 4 does not state a cash sale price or proceeds.
• These RSU-related transactions are routine compensation/settlement events for non-employee directors. They are factual events, not explicit indicators of the director’s view of the stock; review the full Form 4 and company disclosures for complete context.