Form 4: Murphy Oil Corp: Vice President John B. Gardner Reports Stock Transactions
SEC Form 4 Filing
Vice President John B. Gardner reports the vesting and settlement of restricted stock units and shares withheld for taxes.
Summary
- On January 31, 2025, John B. Gardner, Vice President of Murphy Oil Corp, reported transactions involving common stock and restricted stock units (RSUs).
- Gardner had 5,738 shares vest and settle from RSUs, acquiring them at no cost.
- 2,540 shares were withheld for taxes related to the RSU vesting at a price of $27 per share.
- Following these transactions, Gardner directly owns 28,500 shares of common stock.
- Gardner also indirectly owns 429 shares through the Company Thrift Plan, based on a plan statement dated December 31, 2024.
- After the transactions, Gardner directly owns 12,250 and 11,850 restricted stock units.
Sentiment
Score: 5
Explanation: This is a routine filing related to executive compensation. It doesn't indicate any specific positive or negative sentiment about the company's performance.
Industry Context
Form 4 filings are standard practice and provide transparency into the trading activities of company insiders, which is crucial for maintaining market integrity and investor confidence.
Stakeholder Impact
- The transactions have a minor impact on shareholders as they reflect standard executive compensation practices.
Key Dates
| Date | Description |
|---|---|
| December 31, 2024 | Date of Company Thrift Plan statement. |
| January 31, 2025 | Date of stock transactions (RSU vesting, tax withholding). |
| January 31, 2025 | Restricted Stock Unit vest date. |
| February 04, 2025 | Date of signature on the Form 4 filing. |
Keywords
Form 4, insider trading, stock options, restricted stock units, MUR, Murphy Oil Corp, John B. Gardner, beneficial ownership
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