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MURPHY OIL CORP·4

Jul 2, 4:17 PM ET

BOTNER E TED 4

4 · MURPHY OIL CORP · Filed Jul 2, 2026

Research Summary

AI-generated summary of this filing

Updated

Murphy Oil (MUR) Retired Exec Ted Botner Receives RSU Shares

What Happened
Ted Botner (retired) received vested time‑based restricted stock units (RSUs) that settled into common shares on June 30, 2026. A total of 41,704 shares were issued from vested awards (combining 2020 and 2025 long‑term incentive plan awards and prorated vesting due to retirement). To satisfy tax withholding obligations, 16,411 shares were withheld at $33.42 per share for a cash value of approximately $548,444, leaving a net issuance of about 25,293 shares to the reporting person. The filing also reports conversions/settlements of several derivative/phantom units and some forfeited RSUs tied to the retirement.

Key Details

  • Transaction date: 2026-06-30; Form 4 filed 2026-07-02.
  • Primary actions reported: M = exercise/conversion of derivatives (RSU/phantom unit settlements); F = shares withheld to pay taxes on RSU vesting.
  • Shares issued (vested/converted): 8,790 + 7,799 + 25,115 = 41,704 shares.
  • Shares withheld for taxes (disposed): 3,459 + 3,069 + 9,883 = 16,411 shares at $33.42 each = $115,597 + $102,564 + $330,283 = $548,444.
  • Net shares retained by reporting person (approx): 41,704 − 16,411 = 25,293 shares.
  • Notable footnotes: F1/F5 — RSUs from 2020 and 2025 LTIP vested/settled one‑for‑one (includes prorated retirement portion and dividend‑equivalent shares); F2/F4 — a total of 10,043 RSUs forfeited due to retirement (1,915 + 8,128); F3 — shares withheld for taxes; F7–F9/F10 — some reported units are phantom/excess benefit plan units (economic equivalents, no conversion price/exercisable/expiration dates).
  • Shares owned after the transaction: not specified in the supplied data.

Context

  • This was not an open‑market sale or purchase by the insider but routine settlement of compensation awards upon vesting/retirement. The F code entries reflect share withholding to cover tax obligations rather than discretionary sales.
  • M = exercise/conversion of derivative/phantom units or RSU settlement; F = shares surrendered/withheld for taxes.
  • No indication in the supplied data that this is a 10% owner transaction or a 10b5‑1 plan trade.
  • Facts only — vesting/withholding events reflect compensation plan mechanics and retirement treatment, not a direct signal of buy/sell intent.

Insider Transaction Report

Form 4Exit
Period: 2026-06-30
MURPHY OIL CORPMUR
BOTNER E TED
Other
Transactions
  • Exercise/Conversion

    Common Stock

    [F1][F2]
    2026-06-30+8,790→ 225,283 total
  • Tax Payment

    Common Stock

    [F3]
    2026-06-30$33.42/sh−3,459$115,597→ 221,824 total
  • Exercise/Conversion

    Common Stock

    [F1][F4]
    2026-06-30+7,799→ 229,623 total
  • Tax Payment

    Common Stock

    [F3]
    2026-06-30$33.42/sh−3,069$102,564→ 226,554 total
  • Exercise/Conversion

    Common Stock

    [F5]
    2026-06-30+25,115→ 251,669 total
  • Tax Payment

    Common Stock

    [F3]
    2026-06-30$33.42/sh−9,883$330,283→ 241,786 total
  • Exercise/Conversion

    Restricted Stock Unit

    [F1][F10][F2]
    2026-06-30−9,850→ 40,030 total
    → Common Stock (9,850 underlying)
  • Exercise/Conversion

    Restricted Stock Unit

    [F1][F10][F4]
    2026-06-30−15,400→ 24,630 total
    → Common Stock (15,400 underlying)
  • Exercise/Conversion

    Restricted Stock Unit

    [F5][F10]
    2026-06-30−24,630→ 0 total
    → Common Stock (24,630 underlying)
Holdings

  • Common Stock

    (indirect: By Children)
    10,000

  • Common Stock

    [F6]
    (indirect: By Trust)
    19,806

  • Phantom Stock Unit

    [F7][F8][F9]
    → Common Stock (10,229 underlying)
    10,229
Footnotes (10)
  • [F1]Represents Restricted Stock Units (RSUs) that have vested and settled in shares of the Company's stock on a one-for-one basis. Pursuant to the terms of the time-based grant awarded under the 2020 Long-Term Incentive Plan, the total includes the prorated portion of the award that vested due to the reporting person's retirement, plus shares equivalent in value to accumulated dividends.
  • [F10]These Securities generally do not carry a Conversion Price, Exercisable Date, or Expiration Date.
  • [F2]A total of 1,915 time-based restricted stock units were forfeited on June 30, 2026, due to the reporting person's retirement from the Company.
  • [F3]Shares withheld for taxes on RSU vesting.
  • [F4]A total of 8,128 time-based restricted stock units were forfeited on June 30, 2026, due to the reporting person's retirement from the Company.
  • [F5]Represents Restricted Stock Units (RSUs) that have vested and settled in shares of the Company's stock on a one-for-one basis. Pursuant to the terms of the time-based grant awarded under the 2025 Long-Term Incentive Plan, the total includes 100% of the original award, plus shares equivalent in value to accumulated dividends.
  • [F6]Includes 673 shares obtained through the Company Thrift Plan. The information in this report is based on a plan statement dated June 30, 2026.
  • [F7]Each phantom stock unit is the economic equivalent of one (1) share of Murphy Oil Corporation common stock.
  • [F8]The reported phantom stock units were acquired under Murphy Oil Corporation's excess benefit plan and are to be settled upon the reporting person's retirement or other termination of service. The reporting person may transfer the value of his phantom stock units into an alternative investment account at any time prior to settlement.
  • [F9]Includes 669 shares obtained under Murphy Oil Corporation's excess benefit plan. The information in this report is based on a plan statement dated June 30, 2026.
Signature
/s/ Tricia M. Hammons, attorney-in-fact|2026-07-02

Documents

1 file
  • 4
    form4.xmlPrimary

    PRIMARY DOCUMENT