E. TED BOTNER - 31 Jan 2025 Form 4 Insider Report for MURPHY OIL CORP (MUR)

Signature
/s/ E. Ted Botner, attorney-in-fact
Issuer symbol
MUR
Transactions as of
31 Jan 2025
Net transactions value
-$139,131
Form type
4
Filing time
04 Feb 2025, 21:25:59 UTC
Previous filing
07 Feb 2024
Next filing
06 Feb 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MUR Common Stock Options Exercise +12,451 +7.5% 179,358 31 Jan 2025 Direct F1
transaction MUR Common Stock Tax liability $139,131 -5,153 -2.9% $27.00 174,205 31 Jan 2025 Direct F2
holding MUR Common Stock 10,000 31 Jan 2025 As custodian for child's UTMA account
holding MUR Common Stock 7,776 31 Jan 2025 Trustee of Company Thrift Plan F3

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction MUR Restricted Stock Unit Options Exercise $0 -11,500 -34% $0.000000 21,870 31 Jan 2025 Common Stock 11,500 Direct F1, F7, F8, F9
holding MUR Phantom Stock Unit 8,447 31 Jan 2025 Common Stock 8,447 Direct F4, F5, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
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 100% of the original award, plus shares equivalent in value to accumulated dividends.
F2 Shares withheld for taxes on RSU vesting.
F3 Includes 499 shares obtained through the Company Thrift Plan. The information in this report is based on a plan statement dated December 31, 2024.
F4 Each phantom stock unit is the economic equivalent of one (1) share of Murphy Oil Corporation common stock.
F5 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.
F6 Includes 734 shares obtained under Murphy Oil Corporation's excess benefit plan. The information in this report is based on a plan statement dated December 31, 2024.
F7 Time-based restricted stock unit award granted under the 2020 Long-Term Incentive Plan.
F8 These Securities generally do not carry a Conversion Price, Exercisable Date, or Expiration Date.
F9 Vest date is January 31, 2025.