Form 4: APA Corp Director Charles W. Hooper Reports Acquisition of Phantom Stock Units
SEC Form 4 Filing
Director Charles W. Hooper reports acquiring phantom stock units of APA Corp through a deferred compensation program.
Summary
- Charles W. Hooper, a director of APA Corp, filed a Form 4 with the SEC.
- The filing reports the acquisition of 123 phantom stock units on August 22, 2024.
- These units were acquired under APA's Outside Directors Deferral Program, an exempt acquisition pursuant to Rule 16b-3(d).
- Each phantom stock unit is equivalent to one share of APA common stock.
- Following the transaction, Hooper directly owns 13,875 shares of APA common stock.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing reporting an insider transaction. It doesn't inherently convey positive or negative sentiment.
Industry Context
This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the holdings and transactions of company directors.
Key Dates
| Date | Description |
|---|---|
| 08/22/2024 | Date of transaction: Acquisition of phantom stock units |
| 08/23/2024 | Date of Form 4 filing |
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