DEMING CLAIBORNE P 4

What Happened

• Claiborne P. Deming, a non-employee director of Murphy Oil Corporation (MUR), received two awards on 2026-03-31: 455 phantom stock units and 1,000 restricted stock units (RSUs). Both awards are reported as derivative securities with a reported acquisition price of $0. They are compensation awards (not open-market purchases or sales).

Key Details

• Transaction date: 2026-03-31; filing date: 2026-04-01 (timely).
• Awards: 455 phantom stock units (F1, F2) + 1,000 RSUs (F4) = 1,455 units total; both reported as acquired (code A) at $0.00.
• Phantom units: economic equivalent of one share each and were granted under the Non‑Qualified Deferred Compensation Plan for Non‑Employee Directors (payable in cash per the director’s deferral election) (F1, F2).
• RSUs: granted under the 2021 Stock Plan for Non‑Employee Directors; vest date noted as February 4, 2027, and the reporting person elected to defer settlement until termination of board service or a future date selected in the deferral election (F4, F6, F7).
• The filing notes 622 shares obtained under the Non‑Qualified Deferred Compensation Plan included per the plan statement dated March 31, 2026 (F3).
• Securities generally have no conversion price, exercisable date, or expiration (F5). Some RSUs were issued in lieu of quarterly cash retainer(s) and may be fully vested per plan terms (F8).
• Filing type: award/grant (A); not a sale or purchase. No late filing indication.

Context

• These awards are routine director compensation and are reported as derivative awards (phantom units pay out in cash; RSUs convert to cash or stock per the deferral election and vesting schedule). Such grants are compensation-related and do not necessarily indicate the director’s personal market view.