Form 4: APA Corp Executive Reports Stock Transactions Following Vesting

Rebecca A. Hoyt, a Senior VP and Chief Accounting Officer at APA Corp, reported multiple transactions involving company stock and restricted stock units on January 4, 2025.

Summary

• Rebecca A. Hoyt, a Senior VP and Chief Accounting Officer at APA Corp, reported several transactions on January 4, 2025.
• These transactions include the acquisition of 4,421 shares of common stock through the vesting of restricted stock units.
• Additionally, 4,421 shares were disposed of at a price of $23.42 per share.
• Another 6,631 shares were acquired through the vesting of restricted stock units.
• A total of 2,610 shares were disposed of to cover tax obligations at a price of $23.42 per share.
• Following these transactions, Ms. Hoyt directly owns 100,948 shares of common stock and indirectly owns 13,819.35 shares through a 401(k) plan.
• She also holds 21,509 restricted stock units.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing of stock transactions, and does not indicate any positive or negative sentiment.

Industry Context

This filing is a routine disclosure of stock transactions by a company executive, which is common practice in publicly traded companies.

Comparison to Industry Standards

• Form 4 filings are standard practice for publicly traded companies in the US, and APA Corp's filing is consistent with these requirements.
• The transactions reported are typical for executives receiving stock-based compensation, similar to filings from other companies such as Exxon Mobil (XOM) or Chevron (CVX).

Stakeholder Impact

• The transactions have a minor impact on shareholders as they represent routine executive compensation.

Key Dates

Keywords

stock transactions, restricted stock units, insider trading, executive compensation, APA Corp, Form 4