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MURPHY OIL CORP·4

Feb 6, 12:20 PM ET

MURPHY ROBERT MADISON 4

Research Summary

AI-generated summary

Updated

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.