Form 4: APA Corp President Gifts Shares to Family Trust

APA Corp President Stephen J Riney reported gifting 18,888 shares of common stock to the Lisa Riney 2016 Family Trust, a transaction executed under a Rule 10b5-1 plan.

Summary

• Stephen J Riney, President and Director of APA Corp, reported a gift of common stock.
• On December 19, 2025, Riney disposed of 18,888 shares of APA Corp Common Stock directly.
• The shares were gifted to the Lisa Riney 2016 Family Trust, of which Riney may be deemed to have a pecuniary interest.
• This transaction was made pursuant to a contract, instruction, or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).
• Following this transaction, Riney's direct beneficial ownership is 1.392 shares.
• The Lisa Riney 2016 Family Trust's indirect beneficial ownership is 194,589 shares.
• Riney also indirectly beneficially owns 94,681.596 shares held by a Trustee of an NQ Plan.

Sentiment

Score: 5

Explanation: The filing reports a routine insider transaction (a gift) executed under a Rule 10b5-1 plan, which is generally neutral in sentiment as it reflects personal financial planning rather than a direct statement on company performance.

Future Outlook

This filing does not contain any forward-looking statements or guidance regarding the company's future performance.

Industry Context

Insider transactions, such as gifts of shares to family trusts, are common for personal financial planning, estate management, or philanthropic purposes. The use of a Rule 10b5-1 plan indicates that the transaction was pre-scheduled to avoid accusations of insider trading, aligning with best practices for corporate executives managing their equity holdings.

Related Party Transactions

• Stephen J Riney gifted 18,888 shares of common stock to the Lisa Riney 2016 Family Trust, of which he may be deemed to have a pecuniary interest. This constitutes a related party transaction.

Stakeholder Impact

• Shareholders: The transaction represents a minor shift in the beneficial ownership structure of a key executive, with minimal direct impact on the broader shareholder base.
• Employees, Customers, Suppliers, Creditors: No direct impact on these stakeholders is indicated by this insider transaction report.

Key Dates

Keywords

APA Corp, Stephen J Riney, Form 4, Insider Transaction, Stock Gift, Common Stock, Rule 10b5-1, Corporate Governance, Beneficial Ownership