January 31, 2024 · Form 4 insider transaction
Jumawan Leyster L. sold 1,400 shares of Murphy Oil Corporation at $39.29 per share, a transaction worth $55.0K. The trade was recorded as disposition to the issuer and disclosed on an SEC Form 4, filed 0 days after the transaction.
The settlement of cash-based Stock Appreciation Rights ("SARs") is treated as the simultaneous purchase of the number of shares of common stock the SARs represent and the sale of the same number of shares of common stock. The SARs settled in cash based on the average high and low price of MUR common stock on January 31, 2024. The reporting person did not receive any common shares.