SEC Form 4

FORM 4		UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940	OMB APPROVAL OMB Number: 3235-0287 Estimated average burden hours per response: 0.5
X	Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person* Schmale Neal E (Last) (First) (Middle) 9805 KATY FREEWAY (Street) HOUSTON TX 77024 (City) (State) (Zip)	2. Issuer Name and Ticker or Trading Symbol MURPHY OIL CORP [ MUR ]	5. Relationship of Reporting Person(s) to Issuer (Check all applicable) Director 10% Owner Officer (give title below) X Other (specify below) Retired Director
	3. Date of Earliest Transaction (Month/Day/Year) 05/10/2023
	4. If Amendment, Date of Original Filed (Month/Day/Year)	6. Individual or Joint/Group Filing (Check Applicable Line) X Form filed by One Reporting Person Form filed by More than One Reporting Person
	Rule 10b5-1(c) Transaction Indication Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	05/10/2023		M		33,962(1)	A	(1)	258,750	D
Common Stock	05/10/2023		M		31,181	A	(2)	289,931	D
Common Stock	05/10/2023		D		31,181	D	$33.99	258,750	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Stock Unit(3)	(4)	05/10/2023		M			7,156(1)	(4)(5)	(4)(5)	Common Stock	7,156	$0	34,906	D
Restricted Stock Unit(3)	(4)	05/10/2023		M			8,854(1)	(4)(6)	(4)(6)	Common Stock	8,854	$0	26,052	D
Restricted Stock Unit(3)	(4)	05/10/2023		M			15,221(1)	(4)(7)	(4)(7)	Common Stock	15,221	$0	10,831	D
Phantom Stock	(2)	05/10/2023		M			31,181	(8)	(8)	Common Stock	31,181	(2)	8,468	D

Explanation of Responses:

1. Represents Restricted Stock Units (RSUs) that have settled in shares of the Company's stock on a one-for-one basis due to the retirement of the reporting person on May 10, 2023.Pursuant to the terms of the time-based grant awarded under the 2018 Stock Plan for Non-Employee Directors, the total includes 100% of the original award, plus shares equivalent in value to accumulated dividends.

2. Each phantom stock unit is the economic equivalent of one (1) share of Murphy Oil Corporation common stock. On May 10, 2023, due to the retirement of the reporting person, 31,181 of the reporting person's phantom stock units were settled for cash.

3. Restricted Stock Unit Award granted under the 2018 Stock Plan for Non-Employee Directors.

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

5. The original vesting date was February 4, 2022. The reporting person elected to defer settlement of these restricted stock units in accordance with their 2019 deferral election form to May 10, 2023.

6. The original vesting date was February 5, 2021. The reporting person elected to defer settlement of these restricted stock units in accordance with their 2020 deferral election form to May 10, 2023.

7. The original vesting date was February 3, 2022. The reporting person elected to defer settlement of these restricted stock units in accordance with their 2021 deferral election form to May 10, 2023.

8. 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.

	/s/ E. Ted Botner, attorney-in-fact	05/12/2023
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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