Form 4: APA Corp Executive VP, Operations, D. Clay Bretches, Reports Stock Transactions
SEC Form 4 Filing
D. Clay Bretches, Executive VP of Operations at APA Corp, reports the vesting and disposal of restricted stock units to cover tax obligations.
Summary
- On January 4, 2025, D. Clay Bretches, Executive VP of Operations at APA Corp, reported transactions involving common stock and restricted stock units.
- Bretches disposed of 8,304 common stock shares at $23.42.
- Additionally, 12,456 restricted stock units vested under the employer plan.
- 4,903 shares were withheld to cover required tax withholding on the vesting of restricted stock at $23.42.
- Following these transactions, Bretches directly owns 59,956 shares of APA Corp common stock and 40,560 restricted stock units.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions by a company executive, with no inherent positive or negative sentiment.
Industry Context
This Form 4 filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their trading activities and beneficial ownership of company stock.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in beneficial ownership of company stock by an executive.
Key Dates
| Date | Description |
|---|---|
| 01/04/2025 | Date of earliest transaction: vesting of restricted stock units and disposal of shares. |
| 01/07/2025 | Date of signature for the Form 4 filing. |
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