Form 4: APA Corp Director Receives Restricted Stock Units
Insider Transaction Report
APA Corp reports that Director Kenneth M. Fisher was granted restricted stock units under the company's compensation plan, which immediately vested and were deferred.
Summary
- Director Kenneth M. Fisher received 1,535 restricted stock units (RSUs) on June 30, 2026.
- These RSUs were granted under APA Corp's 2016 Omnibus Compensation Plan for non-employee directors.
- The RSUs immediately vested and were automatically deferred under the company's Outside Directors' Deferral Program (ODDP).
- Following this transaction, Fisher beneficially owns a total of 13,977 phantom stock units.
- This total includes the 1,535 newly deferred units, 12,362 previously reported phantom stock units, and 80 phantom stock units accrued from dividends.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral filing, as it represents a routine compensation event for a director rather than a significant financial or strategic development for the company.
Positives
- Director compensation aligns with company's equity incentive plans.
- Grant of RSUs indicates continued investment in retaining experienced directors.
- Automatic deferral mechanism ensures long-term alignment with shareholder interests.
Future Outlook
No specific future outlook or guidance is provided in this filing, as it pertains to a director's compensation transaction.
Industry Context
StockSavvy.ai notes that the issuance of restricted stock units to non-employee directors is a common practice in the energy sector, aimed at aligning director compensation with long-term company performance and shareholder value.
Corporate Governance
| Change Type | Description | Effective Date | Impact Assessment |
|---|---|---|---|
| Director Compensation Plan | Grant of restricted stock units to non-employee directors under the 2016 Omnibus Compensation Plan. | 06/30/2026 | Standard practice for director compensation, designed to align interests with the company. |
| Deferred Compensation Program | Automatic deferral of vested RSUs under the Outside Directors' Deferral Program (ODDP). | 06/30/2026 | Ensures long-term incentive alignment and provides directors with a deferred compensation benefit. |
Stakeholder Impact
- Shareholders: The transaction reflects standard director compensation practices and does not immediately impact share count or value, but aligns director incentives with long-term company performance.
Key Dates
| Date | Description |
|---|---|
| 06/30/2026 | Transaction Date for the grant and deferral of restricted stock units. |
| 07/01/2026 | Date of signature for the filing. |
Keywords
APA Corp, Form 4, SEC Filing, Director Compensation, Restricted Stock Units, Deferred Compensation, Insider Trading, Corporate Governance
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.