SUGG LAURA A 4
4 · MURPHY OIL CORP · Filed Feb 6, 2026
Research Summary
AI-generated summary of this filing
Murphy Oil Director Laura Sugg Receives 6,316 Phantom/RSU Award
What Happened
Laura A. Sugg, a director of Murphy Oil Corporation (MUR), received a grant/award of 6,316 derivative units on February 4, 2026. The Form 4 reports an acquisition at $0.00 per unit (i.e., an award rather than a market purchase). The units are economic equivalents of common shares (phantom stock) and restricted stock units (RSUs) provided under the company’s non‑employee director plans.
Key Details
- Transaction date: 2026-02-04; Form filed on 2026-02-06 (timely filing).
- Reported transaction: 6,316 units, grant/award (code A), reported price $0.00.
- Units are derivative awards (phantom stock and RSUs) — not open‑market purchases or sales.
- Footnotes:
- Phantom stock = economic equivalent of one common share (F1).
- Phantom stock payables will be paid in cash per the director’s deferral election (F2).
- 171 of the reported units were previously obtained under the deferred compensation plan; info based on a plan statement dated 12/31/2025 (F3).
- The RSU portion was granted under the 2021 Stock Plan for Non‑Employee Directors; vest date is Feb 4, 2027 (F4, F6).
- These securities generally have no conversion price, exercisable date, or expiration (F5).
- Filing does not state total common shares owned by the reporting person after this award.
Context
This is a routine director compensation award (phantom stock/RSUs), common for non‑employee directors. Such awards are compensation and do not represent an open‑market purchase (which some investors view as a stronger bullish signal). Phantom units typically pay out in cash per deferral elections and RSUs here are subject to a one‑year vesting date or deferred settlement per the director’s election.
Insider Transaction Report
- Award
Restricted Stock Unit
[F4][F5][F6]2026-02-04+6,316→ 61,143 total→ Common Stock (6,316 underlying)
- 7,979
Common Stock
- 2,127
Phantom Stock
[F1][F2][F3]→ Common Stock (2,127 underlying)
Footnotes (6)
- [F1]Each share of phantom stock is the economic equivalent of one (1) share of Murphy Oil Corporation common stock.
- [F2]The reported shares of phantom stock were acquired under Murphy Oil Corporation's Non-Qualified Deferred Compensation Plan for Non-Employee Directors and become payable, in cash, consistent with the Reporting Person's distribution election made at the time of deferral.
- [F3]Includes 171 shares obtained under Murphy Oil Corporation's Non-Qualified Deferred Compensation Plan for Non-Employee Directors. The information in this report is based on a plan statement dated December 31, 2025.
- [F4]Restricted Stock Unit Award granted under the 2021 Stock Plan for Non-Employee Directors.
- [F5]These Securities generally do not carry a Conversion Price, Exercisable Date, or Expiration Date.
- [F6]Vest date is February 4, 2027. The reporting person has elected to defer settlement of restricted stock units in accordance with their deferral election form to either (1) following the reporting person's termination of service from the Board or (2) on a future date selected by the reporting person at the time of their deferral election.