Form 4: Murphy Oil Corp Executive Louis W. Utsch Reports Stock Transactions
SEC Form 4 Filing
Vice President Louis W. Utsch of Murphy Oil Corp reports the vesting and settlement of restricted stock units and shares withheld for taxes.
Summary
- On January 31, 2025, Louis W. Utsch, a Vice President at Murphy Oil Corp, reported transactions involving the company's common stock.
- Utsch acquired 3,790 shares of common stock through the vesting of Restricted Stock Units (RSUs).
- 1,693 shares were withheld for taxes related to the RSU vesting at a price of $27 per share.
- Following these transactions, Utsch directly owns 11,601 shares of common stock.
- Utsch also holds 7,900 Restricted Stock Units.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions, with no inherent positive or negative sentiment.
Industry Context
This filing is a routine disclosure of stock transactions by a company executive, which is a common practice in publicly traded companies. It provides transparency into the executive's holdings and transactions in the company's stock.
Stakeholder Impact
- The transactions have a minor impact on shareholders as they reflect routine executive compensation.
Key Dates
| Date | Description |
|---|---|
| 01/31/2025 | Date of earliest transaction: vesting of Restricted Stock Units and shares withheld for taxes. |
| 02/04/2025 | Date of signature on the Form 4 filing. |
Keywords
Form 4, Beneficial Ownership, Restricted Stock Units, RSU, Murphy Oil Corp, MUR, Louis W. Utsch, Stock Transaction, Vesting
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