Murphy Oil (MUR) Director Claiborne P. Deming Receives Awards

What Happened

• Claiborne P. Deming, a non-employee director of Murphy Oil Corporation (MUR), received two awards on September 30, 2026: 507 derivative units and 1,115 derivative units (total 1,622 units). Each was reported as an award/grant (transaction code A) at $0.00 per share (derivative securities representing the economic equivalent of common stock).

Key Details

• Transaction date: 2026-09-30; Filing date: 2026-10-01 (timely).
• Award details: 507 units (derivative/phantom) and 1,115 units (derivative/RSU); total 1,622 units; reported acquisition price $0.00 (these are awards, not cash purchases).
• Vesting/settlement: Footnotes indicate these are phantom stock units/RSUs to be settled upon retirement/termination or on a deferred date elected by the director; RSU vest date noted as February 4, 2027 for the applicable award.
• Other footnotes: phantom units are economically equivalent to one share each; some units include 587 shares obtained under the Non‑Qualified Deferred Compensation Plan for Non‑Employee Directors; awards issued under the 2026 Stock Plan for Non‑Employee Directors and the Non‑Employee Director Deferred Compensation Plan.
• Shares owned after transaction: not stated in the provided filing excerpt.
• Transaction type: A = Award/Grant (derivative securities); not an open‑market purchase or sale.

Context

• These awards are non‑cash director compensation (phantom stock units and restricted stock units) that generally provide economic exposure to company stock value and are subject to settlement/vesting rules and any deferral elections. Such grants are routine for non‑employee directors and do not by themselves indicate a buy or sell decision by the director.