Form 4: APA Corp Executive VP, Operations, Reports Stock Transactions
SEC Form 4 Filing
D. Clay Bretches, Executive VP, Operations at APA Corp, reports the vesting and subsequent disposal of restricted stock units to cover tax obligations.
Summary
- On February 1, 2025, D. Clay Bretches, Executive VP, Operations at APA Corp, reported transactions involving common stock and restricted stock units.
- Bretches vested 4,269 cash-settled restricted stock units and 6,403 stock-settled restricted stock units.
- 4,269 shares were disposed of at a price of $21.93.
- 2,520 shares were withheld to cover tax obligations.
- Following these transactions, Bretches directly owns 63,839 shares of common stock and 52,692 restricted stock units.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing stock transactions, and carries a neutral sentiment.
Industry Context
This filing is a routine disclosure of stock transactions by a company executive, which is common practice and required by the SEC to ensure transparency and prevent insider trading.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in ownership, but the overall effect is likely negligible.
Key Dates
| Date | Description |
|---|---|
| 02/01/2025 | Date of earliest transaction: vesting of restricted stock units and subsequent disposal of shares. |
| 02/04/2025 | Date of signature for the Form 4 filing. |
Keywords
APA Corp, D. Clay Bretches, Executive VP Operations, Form 4, Stock Transactions, Restricted Stock Units, Vesting, Tax Withholding, Beneficial Ownership
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