MURPHY OIL CORP — Director's Dealing 2025

Feb 6, 2025

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: MURPHY OIL CORP (MUR)
CIK: 0000717423
Period of Report: 2025-02-04

Reporting Person: MIRELES THOMAS J (Executive Vice President & CFO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2025-02-04	Common Stock	M	61426	—	Acquired	179483	Direct
2025-02-04	Common Stock	F	24173	$25.98	Disposed	155310	Direct
2025-02-05	Common Stock	I	11214	$26.65	Acquired	11214	Indirect

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2025-02-04	Performance Stock Unit	$	M	37200	Disposed		Common Stock (37200)	Direct
2025-02-04	Performance Stock Unit	$	M	15100	Disposed		Common Stock (15100)	Direct
2025-02-04	Performance Stock Unit	$	A	79390	Acquired		Common Stock (79390)	Direct
2025-02-04	Restricted Stock Unit	$	A	26460	Acquired		Common Stock (26460)	Direct

Footnotes

F1: Represents performance-based 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 performance-based grant awarded under the 2020 Long-Term Incentive Plan, the total includes 108.84% of the original award, plus shares equivalent in value to accumulated dividends.

F2: Shares withheld for taxes on PSU vesting.

F3: Shares obtained through Company Thrift Plan.

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

F7: Vest date is February 4, 2028.