Form 4: APA Corp Executive Hoyt Exercises Stock Options and Sells Shares to Cover Taxes

Rebecca A. Hoyt, Sr. VP and Chief Accounting Officer of APA Corp, executed stock options and sold shares to cover tax obligations on February 1, 2025.

Summary

• On February 1, 2025, Rebecca A. Hoyt, Sr. VP, Chief Accounting Officer of APA Corp, exercised stock options and sold shares.
• Hoyt acquired 2,300 shares of common stock through the exercise of restricted stock units, and simultaneously disposed of 2,300 shares at a price of $21.93.
• Additionally, Hoyt acquired 3,450 shares of common stock through vesting of restricted stock units.
• 1,358 shares were disposed of to cover tax withholding requirements related to the vesting of restricted stock.
• Following these transactions, Hoyt directly owns 103,040 shares of APA Corp common stock and indirectly owns 13,819.35 shares held by the Trustee of 401(k) Plan.

Sentiment

Score: 5

Explanation: This is a routine filing related to stock option exercises and tax obligations, and doesn't indicate any particular positive or negative sentiment.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. These filings are closely watched by investors seeking insights into management's perspective on the company's stock.

Stakeholder Impact

• The transactions have a minimal impact on stakeholders as they are related to routine stock option exercises and tax obligations.

Key Dates

Keywords

Form 4, insider trading, stock options, restricted stock units, APA Corp, Hoyt Rebecca A, beneficial ownership