Form 4: APA Corp Executive Stephen J. Riney Reports Stock Transactions

Stephen J. Riney, President & CFO of APA Corp, reports the vesting and disposal of restricted stock units on February 1, 2025.

Summary

• On February 1, 2025, Stephen J. Riney, President & CFO of APA Corp, reported transactions involving common stock and restricted stock units.
• Riney vested 8,538 cash-settled restricted stock units and disposed of 8,538 shares to cover taxes at a price of $21.93.
• Additionally, 12,807 restricted stock units vested, and 5,040 shares were withheld to cover tax obligations.
• Following these transactions, Riney directly owns 18,889.392 shares of common stock and indirectly owns 94,681.6 shares through a non-qualified plan and 175,701 shares through the Lisa Riney 2016 Family Trust.
• Riney also holds 112,720 restricted stock units.

Sentiment

Score: 5

Explanation: The sentiment is neutral as it's a standard reporting of stock transactions related to executive compensation.

Industry Context

This filing is a routine disclosure of insider transactions, which are common for executives receiving stock-based compensation. It provides transparency into the executive's holdings and transactions in the company's stock.

Stakeholder Impact

• The transactions have a minimal impact on shareholders as they are related to executive compensation and tax obligations.

Key Dates

Keywords

Form 4, APA Corp, Stephen J. Riney, Restricted Stock Units, Common Stock, Insider Trading, Executive Compensation