Form 4: APA Corp Executive Sells Shares

Executive VP Mark D. Maddox sold 9,800 shares of APA Corp common stock on May 20, 2026.

Summary

• Mark D. Maddox, Executive VP Administration at APA Corp, sold 9,800 shares of common stock.
• The shares were sold at a weighted average price of $40.04 per share.
• Following the transaction, the reporting person holds 66,810.471 shares directly.
• The reporting person also acquired 15,500 phantom stock units through a participant-directed transfer within the company's non-qualified retirement plan.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral event, as the sale of shares is balanced by the acquisition of phantom stock units within the retirement plan.

Positives

• The executive maintains a significant direct ownership stake of 66,810.471 shares.
• The executive increased their indirect holdings in the company's non-qualified retirement plan by 15,500 phantom stock units.

Negatives

• The executive disposed of 9,800 shares of common stock.

Risks

• None identified in this specific filing.

Future Outlook

No forward-looking guidance provided in this filing.

Industry Context

StockSavvy.ai notes that executive stock sales are common and often related to personal financial planning or tax obligations rather than a reflection of company performance.

Comparison to Industry Standards

• Insider transactions are standard regulatory disclosures for publicly traded energy companies.
• The use of Rule 10b5-1 plans or discretionary retirement plan reallocations is consistent with standard corporate governance practices.

Stakeholder Impact

• Minimal impact expected as this is a routine disclosure of executive equity movement.

Next Steps

• None mentioned.

Key Dates

Keywords

APA Corp, Insider Trading, Form 4, Executive Compensation, Stock Sale