Form 4: APA Corp Executive Stephen J. Riney Reports Share Transfer to Family Trust

Stephen J. Riney, President & CFO of APA Corp, reported a transfer of 23,041 common stock shares to the Lisa Riney 2016 Family Trust.

Summary

• Stephen J. Riney, the President and CFO of APA Corp, has reported a transaction involving the company's common stock.
• On December 16, 2024, Mr. Riney transferred 23,041 shares of APA Corp common stock to the Lisa Riney 2016 Family Trust.
• This transfer was a gift, with a reported price of $0 per share.
• Following the transaction, Mr. Riney directly owns 1,392 shares and indirectly owns 175,701 shares through the Lisa Riney 2016 Family Trust.
• Additionally, Mr. Riney indirectly owns 94,681.596 shares held by the trustee of the NQ Plan.

Sentiment

Score: 5

Explanation: The document is a neutral regulatory filing, not indicative of positive or negative sentiment.

Industry Context

This is a routine filing related to insider transactions and is common for executives of publicly traded companies.

Comparison to Industry Standards

• Form 4 filings are standard practice for corporate insiders in the US, and this transaction is consistent with typical reporting requirements.
• Similar transactions are regularly reported by executives at comparable companies such as Occidental Petroleum and ConocoPhillips.

Related Party Transactions

• The transfer of shares to the Lisa Riney 2016 Family Trust is a related party transaction.

Stakeholder Impact

• This transaction has a minimal impact on stakeholders as it is a transfer of shares within the executive's family trust and does not change the overall number of shares outstanding.

Key Dates

Keywords

APA Corp, Stephen J. Riney, insider trading, Form 4, stock transfer, family trust, executive, share ownership