Form 4: Murphy Oil Director Reports Stock Transactions

Director Robert Madison Murphy reports the vesting and settlement of Restricted Stock Units (RSUs) into Murphy Oil Corp common stock.

Summary

• Robert Madison Murphy, a director of Murphy Oil Corp, filed a Form 4 with the SEC.
• The report details the vesting and settlement of 5,441 Restricted Stock Units (RSUs) into common stock on February 7, 2025.
• The RSUs vested under the 2021 Stock Plan for Non-Employee Directors.
• The total includes 100% of the original award, plus shares equivalent in value to accumulated dividends.
• Following the transaction, Murphy directly owns 5,441 shares of common stock.
• Murphy also indirectly owns 620,323 shares through a spouse, 1,490,240 shares through trusts, and 40,132 shares as a trustee for grandchildren.
• Murphy also owns 7,497 Restricted Stock Units.

Sentiment

Score: 5

Explanation: This is a routine filing related to director compensation, so the sentiment is neutral.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders.

Stakeholder Impact

• The transaction has a minimal impact on shareholders as it represents a small portion of the company's outstanding shares.

Key Dates

Keywords

Form 4, Murphy Oil Corp, Robert Madison Murphy, Restricted Stock Units, RSUs, Beneficial Ownership, Director, Stock Plan, Vesting, Settlement