Leyster L. Jumawan - 04 Feb 2025 Form 4 Insider Report for MURPHY OIL CORP (MUR)

Signature
/s/ E. Ted Botner, attorney-in-fact
Issuer symbol
MUR
Transactions as of
04 Feb 2025
Net transactions value
-$272,416
Form type
4
Filing time
06 Feb 2025, 19:45:59 UTC
Previous filing
04 Feb 2025
Next filing
25 Aug 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MUR Common Stock Options Exercise +9,419 +375% 11,930 04 Feb 2025 Direct F1
transaction MUR Common Stock Tax liability $99,737 -3,839 -32% $25.98 8,091 04 Feb 2025 Direct F2
transaction MUR Common Stock Options Exercise +8,691 +107% 16,782 04 Feb 2025 Direct F3
transaction MUR Common Stock Disposed to Issuer $225,792 -8,691 -52% $25.98 8,091 04 Feb 2025 Direct
transaction MUR Common Stock Discretionary transaction in accordance with Rule 16b-3(f) resulting in acquisition or disposition of issuer securities $53,113 +1,993 +4.2% $26.65 49,234 05 Feb 2025 Trustee of Company Thrift Plan F4

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 Performance Stock Unit Options Exercise $0 -8,000 -42% $0.000000 11,150 04 Feb 2025 Common Stock 8,000 Direct F1, F5, F6
transaction MUR Performance Stock Unit Award $0 +11,550 +104% $0.000000 22,700 04 Feb 2025 Common Stock 11,550 Direct F5, F6
transaction MUR Restricted Stock Unit Award $0 +7,700 +26% $0.000000 37,640 04 Feb 2025 Common Stock 7,700 Direct F6, F7, F8
transaction MUR Restricted Stock Unit Options Exercise -7,500 -20% 30,140 04 Feb 2025 Common Stock 7,500 Direct F3, F9, F10
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents performance-based 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 performance-based grant awarded under the 2020 Long-Term Incentive Plan, the total includes 108.84% of the original award, plus shares equivalent in value to accumulated dividends.
F2 Shares withheld for taxes on PSU vesting.
F3 Each Restricted Stock Unit ("RSU") has the economic equivalent of one share of Murphy Oil Corporation ("MUR") common stock. Pursuant to the terms of the time-based RSU grant awarded under the 2018 Long-Term Incentive Plan, the total includes 100% of the original award, plus accumulated dividend equivalent units. The RSUs vested and were settled in cash based on the average high and low price of MUR common stock on February 4, 2025.
F4 Includes shares obtained through Company Thrift Plan.
F5 Performance-based restricted stock unit award granted under the 2020 Long-Term Incentive Plan.
F6 These Securities generally do not carry a Conversion Price, Exercisable Date, or Expiration Date.
F7 Time-based restricted stock unit award granted under the 2020 Long-Term Incentive Plan.
F8 Vest date is February 4, 2028.
F9 Time-based restricted stock unit award granted under the 2018 Long-Term Incentive Plan.
F10 Vest date is February 4, 2025.