Murphy Oil (MUR) SVP Michol L. Ecklund Receives RSU Awards

What Happened

• Michol L. Ecklund, SVP, Chief Legal Officer & Corporate Secretary of Murphy Oil Corp (MUR), received two restricted stock unit (RSU) awards on 2026-08-31 totaling 51,000 RSUs (25,500 time-based + 25,500 performance-based). Each award is reported at $0.00 (derivative grant), so the reported immediate cash value is $0. These are awards/grants (transaction code A), not open-market purchases or sales.

Key Details

• Transaction date: 2026-08-31; Form 4 filed: 2026-09-01 (timely filing).
• Grants: 25,500 RSUs (time-based) and 25,500 RSUs (performance-based) — total 51,000 RSUs.
• Reported price: $0.00 (typical for equity awards reported as derivatives).
• Vesting: Time-based RSUs vest on February 3, 2029 (per footnote); performance RSU vesting tied to performance conditions (footnote indicates performance award under 2025 LTIP).
• Footnotes: F1 = time-based RSU under 2025 Long-Term Incentive Plan; F4 = performance-based RSU under same plan; F2 notes these securities generally do not carry a conversion price, exercisable date, or expiration date; F3 gives vest date of Feb 3, 2029.
• Shares owned after transaction: not disclosed on this Form 4.

Context

• These awards are compensation grants (derivative RSUs) that convert to shares only if vesting and any performance conditions are met — they are not immediate cash purchases or sales. Such grants are common for executive pay and do not by themselves signal a buy or sell decision in the open market.