Form 4: APA Corp Executive Stephen Riney Reports Stock Transactions
SEC Form 4 Filing
Stephen Riney, President & CFO of APA Corp, reports the acquisition and disposal of common stock and restricted stock units on February 5, 2025.
Summary
- On February 5, 2025, Stephen J Riney, President & CFO of APA Corp, reported transactions involving the company's common stock and restricted stock units (RSUs).
- Riney acquired 47,765 shares of common stock at $0 and disposed of 47,765 shares at $23.38.
- Following these transactions, Riney directly owns 18,889.392 shares of common stock.
- Riney also indirectly owns 94,681.6 shares held by a trustee of an NQ Plan and 175,701 shares through the Lisa Riney 2016 Family Trust.
- Additionally, Riney acquired 95,532 restricted stock units and had 47,765 RSUs vest under the 2022 Performance Program.
- After these transactions, Riney directly owns 147,680 restricted stock units.
Sentiment
Score: 5
Explanation: The document is a neutral report of stock transactions, with no inherent positive or negative sentiment.
Industry Context
This filing is a routine disclosure of stock transactions by a company executive, which is standard practice in publicly traded companies to ensure transparency and compliance with securities regulations.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in ownership by a key executive.
- The vesting of RSUs could have a slight dilutive effect.
Key Dates
| Date | Description |
|---|---|
| 02/05/2025 | Date of earliest transaction: Acquisition and disposal of common stock and restricted stock units. |
| 02/07/2025 | Date of signature by Attorney-in-Fact. |
| 12/31/2024 | Performance period end date for 2022 Performance Program. |
Keywords
Form 4, APA Corp, Stephen Riney, Stock Transactions, Restricted Stock Units, Common Stock, Beneficial Ownership, Officer
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