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 acquisition and disposal of common stock and restricted stock units on February 5, 2025.
Summary
- On February 5, 2025, D. Clay Bretches, Executive VP, Operations at APA Corp, reported transactions involving APA Corp's common stock and restricted stock units (RSUs).
- Bretches acquired 32,445 shares of common stock through the vesting of restricted stock units under the 2022 Performance Program, which will be settled in cash.
- Concurrently, Bretches disposed of 32,445 shares of common stock at a price of $23.38 per share.
- Following these transactions, Bretches directly owns 63,839 shares of APA Corp common stock.
- Bretches also reports owning 85,136 restricted stock units, each equivalent to one share of APA Corp's common stock and settled in cash.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing, reporting stock transactions. It doesn't inherently convey 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 provide shareholders with insight into management's perspective on the company's stock value.
Key Dates
| Date | Description |
|---|---|
| 12/31/2024 | Performance period end date for 2022 Performance Program. |
| 02/05/2025 | Date of earliest transaction; RSU vesting and stock disposal; Final number of RSUs determined. |
| 02/07/2025 | Date of signature by Attorney-in-Fact. |
Keywords
APA Corp, D. Clay Bretches, Executive VP Operations, Form 4, Stock Transactions, Restricted Stock Units, RSU Vesting, Beneficial Ownership, Insider Trading
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