MURPHY ROBERT MADISON 4
4 · MURPHY OIL CORP · Filed Feb 6, 2026
Research Summary
AI-generated summary of this filing
Murphy Oil (MUR) Director Robert Madison Receives RSUs, Exercises Derivatives
What Happened
Robert Madison, a director of Murphy Oil Corp. (MUR), had multiple equity events reported for Feb 4–5, 2026. The filing shows:
- Feb 4, 2026: Receipt (grant) of 6,316 restricted stock units (RSUs) under the 2021 Stock Plan for Non-Employee Directors (no cash paid).
- Feb 5, 2026: Two derivative conversion/exercise entries: 7,886 shares acquired (conversion/exercise) and 7,497 shares disposed (both reported as derivative transactions, $0 consideration shown).
Taken together, the reported transactions result in a net increase of 6,705 shares reported as acquired (14,202 acquired less 7,497 disposed). The filing does not show a cash value for these entries.
Key Details
- Transaction dates: Feb 4, 2026 (RSU grant); Feb 5, 2026 (derivative conversions/exercises and disposition).
- Reported prices: $0.00 for the RSU grant and for the derivative entries shown as disposed; one conversion shows "N/A" for price.
- Shares reported: 6,316 RSU grant; 7,886 shares acquired via conversion/exercise; 7,497 shares disposed the same reporting period.
- Shares owned after transaction: Not specified in the provided excerpt.
- Filing date: Feb 6, 2026 — the Form 4 was filed shortly after the reported events and appears timely.
- Footnotes:
- F1 indicates certain RSUs vested and settled into shares 1-for-1 and include dividend-equivalent shares.
- F2 notes the RSU award was granted under the 2021 Stock Plan for Non-Employee Directors.
- F3 clarifies these securities generally lack a conversion price, exercisable date, or expiration.
- F4 shows a vest date of Feb 4, 2027 for the time-based award (as disclosed in the filing).
Context
- Derivative conversions/exercises here refer to RSUs or similar awards converting into common shares; some converted shares were also reported as disposed on the same day. The filing lists the disposition but does not specify the nature (sale, transfer, or tax withholding).
- Awards and director RSU grants are common compensation for non-employee directors; grants alone don't necessarily indicate a buy or sell signal.
- No indication in the filing that this is a 10% owner transaction or under a Section 16 10b5-1 plan.
Insider Transaction Report
Form 4
MURPHY ROBERT MADISON
Director
Transactions
- Exercise/Conversion
Common Stock
[F1]2026-02-05+7,886→ 7,886 total - Award
Restricted Stock Unit
[F2][F3][F4]2026-02-04+6,316→ 13,813 total→ Common Stock (6,316 underlying) - Exercise/Conversion
Restricted Stock Unit
[F2][F3][F4]2026-02-05−7,497→ 6,316 total→ Common Stock (7,497 underlying)
Holdings
- 620,323(indirect: By Spouse)
Common Stock
- 1,484,881(indirect: By Trust)
Common Stock
- 47,332(indirect: By Trust)
Common Stock
Footnotes (4)
- [F1]Represents 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 time-based grant awarded under the 2021 Stock Plan for Non-Employee Directors, the total includes 100% of the original award, plus shares equivalent in value to accumulated dividends.
- [F2]Restricted Stock Unit Award granted under the 2021 Stock Plan for Non-Employee Directors.
- [F3]These Securities generally do not carry a Conversion Price, Exercisable Date, or Expiration Date.
- [F4]Vest date is February 4, 2027.
Signature
/s/ E. Ted Botner, attorney-in-fact|2026-02-06