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MURPHY OIL CORP Director's Dealing 2024

Feb 5, 2024

31152_dirs_2024-02-05_5296600f-665e-4a5e-a68e-d6a5ff161d1e.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: MURPHY OIL CORP (MUR)
CIK: 0000717423
Period of Report: 2024-02-02

Reporting Person: Palanivelu Meenambigai (Vice President)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2024-02-02 Common Stock M 2468 Acquired 25223 Direct
2024-02-02 Common Stock F 1102 $38.165 Disposed 24121 Direct
2024-02-05 Common Stock M 8784 Acquired 32905 Direct
2024-02-05 Common Stock D 8784 $37.59 Disposed 24121 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2024-02-02 Restricted Stock Unit $ M 2300 Disposed Common Stock (2300) Direct
2024-02-05 Restricted Stock Unit $ M 7500 Disposed Common Stock (7500) Direct

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 3191 Indirect

Footnotes

F1: Represents 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 time-based grant awarded under the 2020 Long-Term Incentive Plan, the total includes 100% of the original award, plus shares equivalent in value to accumulated dividends.

F2: Shares withheld for taxes on RSU 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 5, 2024.

F4: Time-based restricted stock unit award granted under the 2020 Long-Term Incentive Plan.

F5: These Securities generally do not carry a Conversion Price, Exercisable Date, or Expiration Date.

F6: Vest date is February 2, 2024.

F7: Time-based restricted stock unit award granted under the 2018 Long-Term Incentive Plan.

F8: Vest date is February 5, 2024.