Form 4: APA Corp Director Hooper Reports Changes in Beneficial Ownership

Director Charles W. Hooper reports transactions involving APA Corp stock, including acquisitions and disposals of phantom stock units and restricted stock units.

Summary

• Charles W. Hooper, a director of APA Corp, filed a Form 4 detailing changes in beneficial ownership.
• The reported transactions include the acquisition of 1,698 phantom stock units on June 30, 2024, under APA's Outside Directors Deferral Program.
• Hooper also reported the acquisition of 1,698 restricted stock units on June 30, 2024, granted under the 2016 Omnibus Compensation Plan.
• Additionally, the vesting of 1,698 restricted stock units was reported on June 30, 2024.
• Following these transactions, Hooper directly owns 13,752 phantom stock units and 1,698 restricted stock units.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing, so the sentiment is neutral.

Positives

• The acquisition of restricted stock units aligns the director's interests with those of the shareholders.
• The vesting of restricted stock units indicates the director has met certain performance or time-based requirements.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders.

Stakeholder Impact

• Shareholders are informed about the transactions of a company director, promoting transparency.

Key Dates