Nolan Jeffrey W 4

4 · MURPHY OIL CORP · Filed Jul 2, 2026

AI-generated summary of this filing

Updated Jul 2, 2026

Murphy Oil (MUR) Director Jeffrey W. Nolan Sells 2,174 Shares

What Happened

Jeffrey W. Nolan, a director of Murphy Oil Corporation (MUR), had 2,174 phantom stock units cashed out on July 1, 2026 for $68,503 (disposition to the issuer). On June 30, 2026 he was also granted 845 restricted stock units (RSUs) under the 2026 Stock Plan for Non-Employee Directors.
The 2,174-unit transaction was a cash settlement of deferred/phantom stock (a disposition to the issuer), not an open-market sale of company shares. The 845 RSUs were granted at $0.00 (standard award/derivative grant).

Key Details

Transaction dates and amounts:
- June 30, 2026: Grant of 845 RSUs (awarded under Non-Employee Director 2026 Stock Plan; recorded as $0.00).
- July 1, 2026: Settlement/exercise/conversion of 2,174 phantom stock units; cash payment to reporting person of $68,503 (reported sale/disposition to issuer).
Price/value: 2,174 units settled for a total of $68,503 (reported price $31.51 per share equivalent).
Shares owned after transaction: Not disclosed in this filing.
Footnotes of note:
- Phantom stock units are economic equivalents of common shares and were paid in cash per the director’s deferred compensation elections (F1, F6).
- The RSUs were granted under the 2026 Stock Plan for Non-Employee Directors (F2) and may be subject to the director’s deferral election (F4); some RSUs can represent vested units issued in lieu of quarterly cash retainers (F5).
- The reporting indicates these derivative-type securities generally do not carry a conversion price, exercisable date, or expiration date (F3).
Filing timeliness: Form was filed July 2, 2026 for transactions through July 1, 2026 (appears timely based on reported dates).

Context

This was a cash settlement of deferred compensation (phantom stock units) rather than an open-market sale of shares; such settlements are common for deferred compensation plans and reflect payout of previously earned units.
The RSU grant is an award to a non-employee director and may be deferred per the director’s election; awards and cash-settled deferred units do not necessarily signal buying or selling sentiment like open-market trades.

Form 4

Period: 2026-06-30

Director

Transactions

Exercise/Conversion
Common Stock
[F1]
2026-07-01+2,174→ 269,104 total
Disposition to Issuer
Common Stock
2026-07-01$31.51/sh−2,174$68,503→ 266,930 total
Award
Restricted Stock Unit
[F2][F3][F4][F5]
2026-06-30+845→ 62,655 total
→ Common Stock (845 underlying)
Exercise/Conversion
Phantom Stock
[F1][F6]
2026-07-01−2,174→ 33,772 total
→ Common Stock (2,174 underlying)

Holdings

Footnotes (6)

[F1]Each share of phantom stock is the economic equivalent of one (1) share of Murphy Oil Corporation common stock. On July 1, 2026, 2,174 of the reporting person's phantom stock units were settled in cash.
[F2]Restricted Stock Unit Award granted under the 2026 Stock Plan for Non-Employee Directors.
[F3]These Securities generally do not carry a Conversion Price, Exercisable Date, or Expiration Date.
[F4]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.
[F5]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.
[F6]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.

Signature

/s/ Tricia M. Hammons, attorney-in-fact|2026-07-02

1 file