BOTNER E TED 4

What happened Ted Botner, EVP, General Counsel & Corporate Secretary of Murphy Oil (MUR), reported multiple equity-related transactions on Feb 3, 2026. The filing shows awards/settlements and conversions (RSUs/PSUs and other derivative conversions) resulting in the acquisition of approximately 77,663 shares. Separately, 6,333 shares were disposed (sold) to satisfy tax withholding obligations, generating proceeds of $190,286 (at $30.05 per share). Several entries are listed as exercises/conversions or grants/awards (derivative settlements) rather than cash purchases.

Key details

• Transaction date: February 3, 2026; Form 4 filed Feb 5, 2026 (appears timely).
• Acquisitions reported: 16,093 (exercise/conversion), 24,630 (award), 36,940 (award) — total ~77,663 shares acquired via awards/conversions.
• Dispositions reported: 6,333 shares withheld/sold for taxes at $30.05 ($190,286); an additional 18,030-share derivative conversion entry is reported with $0 proceeds.
• Footnotes: F1-F7 indicate these are mostly performance- and time-based restricted stock unit awards (2020 & 2025 LTIP), with F1 noting 80% of the original performance award vested plus dividend equivalents; F2 notes shares withheld for taxes; F4 notes some securities have no conversion/exercise price or expiration.
• Shares owned after transaction: not specified in the provided filing excerpt.

Context

• These transactions are primarily settlements of RSUs/PSUs and related conversions, not open-market purchases or optional cash buys. The sale of 6,333 shares was to satisfy tax withholding (routine), not necessarily a market-timed sale.
• Derivative entries with $0 proceeds generally reflect the conversion/settlement of awards into common shares rather than a market sale. This filing is informational for investors tracking insider compensation and routine tax-related selling.