Form 4: APA Corp Director Annell R. Bay Reports Changes in Beneficial Ownership

Director Annell R. Bay reports transactions involving APA Corp stock, including acquisitions and disposals of phantom stock units and restricted stock units.

Summary

• On September 30, 2024, Annell R. Bay, a director of APA Corp, reported transactions involving the company's stock.
• These transactions include the acquisition of 2,044 phantom stock units and 2,044 restricted stock units.
• Bay also reported the disposal of 2,044 phantom stock units due to accrual under the deferred compensation provisions of APA's Outside Directors Deferral Program and vesting of 2,044 restricted stock units.
• Following these transactions, Bay directly owns 82,843 shares of APA Corp common stock and 2,044 restricted stock units.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing stock transactions by a company director. It doesn't inherently convey positive or negative sentiment.

Positives

• The acquisition of restricted stock units aligns the director's interests with those of the shareholders.

Industry Context

This filing is a routine disclosure of stock transactions by a company insider, as required by the SEC. It provides transparency to investors regarding the actions of company leadership.

Stakeholder Impact

• The transactions have a minimal direct impact on stakeholders, as they relate to director compensation and do not significantly alter the company's financial position.

Key Dates