MURPHY OIL CORP — Director's Dealing 2025

Jul 2, 2025

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: MURPHY OIL CORP (MUR)
CIK: 0000717423
Period of Report: 2025-06-30

Reporting Person: DEMING CLAIBORNE P (Director)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2025-06-30	Restricted Stock Unit	$	A	834	Acquired		Common Stock (834)	Direct
2025-06-30	Restricted Stock Unit	$	A	1834	Acquired		Common Stock (1834)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	987092	Direct
Common Stock	1639538	Indirect
Common Stock	50224	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Phantom Stock	$		Common Stock (60499)	60499	Direct

Footnotes

F1: Each phantom stock unit is the economic equivalent of one (1) share of Murphy Oil Corporation common stock.

F2: The reported shares of phantom stock were acquired under Murphy Oil Corporation's Non-Qualified Deferred Compensation Plan for Non-Employee Directors and become payable, in cash, consistent with the Reporting Person's distribution election made at the time of deferral.

F3: Includes 910 shares obtained under Murphy Oil Corporation's Non-Qualified Deferred Compensation Plan for Non-Employee Directors. The information in this report is based on a plan statement dated June 30, 2025.

F4: Restricted Stock Unit Award granted under the 2021 Stock Plan for Non-Employee Directors.

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

F6: The reporting person has elected to defer settlement of restricted stock units in accordance with their deferral election form to either (1) following the reporting person's termination of service from the Board or (2) on a future date selected by the reporting person at the time of their deferral election.

F7: The shares represent fully-vested restricted stock units ("RSUs") issued in lieu of quarterly cash retainer(s) payable under Murphy Oil Corporation's Non-Employee Director Deferred Compensation Plan.

F8: Vest date is February 5, 2026. The reporting person has elected to defer settlement of restricted stock units in accordance with their deferral election form to either (1) following the reporting person's termination of service from the Board or (2) on a future date selected by the reporting person at the time of their deferral election.