DEMING CLAIBORNE P 4
4 · MURPHY OIL CORP · Filed Jul 2, 2026
Research Summary
AI-generated summary of this filing
Murphy Oil (MUR) Director Claiborne P. Deming Receives Award
What Happened
Claiborne P. Deming, a Murphy Oil (MUR) non‑employee director, was granted a total of 1,843 derivative awards on June 30, 2026: 1,267 phantom stock units and 576 restricted stock units (RSUs). Each unit was granted at $0.00 (no purchase price); as derivative awards their reported acquisition value is $0. These awards are reported as "A" (grant/award) on the Form 4 and are economic equivalents to common shares rather than open‑market purchases.
Key Details
- Transaction date: June 30, 2026; Filing date: July 2, 2026.
- Grants: 1,267 phantom stock units (F1/F2) and 576 RSUs (F4/F6); total 1,843 units. Price: $0.00 per unit; reported value $0.
- Derivative / settlement: Phantom units are cash‑settled equivalents of one share each (F1/F2). RSUs may be deferred for cash settlement per the director's deferral election (F6). Some RSUs were issued in lieu of quarterly cash retainer and are fully vested (F7). One grant has a stated vest date of Feb 4, 2027 (F8).
- Shares owned after transaction: Not specified in the filing.
- Notable plan references: Non‑Qualified Deferred Compensation Plan for Non‑Employee Directors; 2026 Stock Plan for Non‑Employee Directors.
- Filing timeliness: Filed within the Form 4 reporting window (no late filing indicated).
Context
These awards are grants of deferred/phantom stock and RSUs, not open‑market purchases or sales. Phantom units and deferred RSUs generally pay out in cash (per the director’s election) and therefore do not immediately increase share count outstanding. Such awards are routine compensation for non‑employee directors and are informational rather than a direct market buy or sell signal.
Insider Transaction Report
- Award
Restricted Stock Unit
[F4][F5][F6][F7]2026-06-30+1,267→ 31,470 total→ Common Stock (1,267 underlying) - Award
Restricted Stock Unit
[F4][F5][F8]2026-06-30+576→ 32,046 total→ Common Stock (576 underlying)
- 987,092
Common Stock
- 50,224(indirect: By Spouse)
Common Stock
- 1,639,538(indirect: By Trust)
Common Stock
- 63,098
Phantom Stock
[F1][F2][F3]→ Common Stock (63,098 underlying)
Footnotes (8)
- [F1]Each phantom stock unit 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 587 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 June 30, 2026.
- [F4]Restricted Stock Unit Award granted under the 2026 Stock Plan for Non-Employee Directors.
- [F5]These Securities generally do not carry a Conversion Price, Exercisable Date, or Expiration Date.
- [F6]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.
- [F7]The shares represent fully-vested restricted stock units ("RSUs") issued in lieu of quarterly cash retainer(s) payable under Murphy Oil Corporation's Non-Employee Director Deferred Compensation Plan.
- [F8]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.