APA Corp (NASDAQ: APA) grants RSUs, options to EVP Henderson

Rhea-AI Filing Summary

APA Corp Executive VP Exploration Tracey K. Henderson reported new equity awards on a Form 4. On January 6, 2026, Henderson received 18,320 restricted stock units, each representing one share of APA common stock and carrying a tandem tax withholding right. These units were granted under the employer plan and vest in three equal installments on February 1, 2027, January 6, 2028, and January 6, 2029. The filing shows Henderson beneficially owning 59,089 derivative securities of this type after the grant, held directly.

On the same date, Henderson was also granted 44,871 stock options with an exercise price of $23.88 per share, expiring on January 6, 2036. These options, also granted under the employer plan, become exercisable ratably over three years beginning January 6, 2027, and are held directly. The options are shown as 44,871 derivative securities beneficially owned following the transaction.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a 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). See Instruction 10.

1. Name and Address of Reporting Person^*

Henderson Tracey K

(Last) (First) (Middle)

2000 W SAM HOUSTON PARKWAY S

SUITE 200

(Street)

HOUSTON TX 77042

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
APA Corp [ APA ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Executive VP Exploration

3. Date of Earliest Transaction (Month/Day/Year)
01/06/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Stock / Units(1)	$0(2)	01/06/2026		A		18,320		(3)	(3)	Common Stock	18,320	$0	59,089	D
Stock Option Grant	$23.88	01/06/2026		A		44,871		(4)	01/06/2036	Common Stock	44,871	$0	44,871	D

Explanation of Responses:

1. With tandem tax withholding right.

2. One share of APA common stock for each restricted stock unit.

3. Restricted stock units granted 01/06/2026 under employer plan. The units vest equally over three years on 02/01/2027, 01/06/2028, and 01/06/2029.

4. Stock options granted 01/06/2026 under employer plan. The options become exercisable ratably over three years beginning 01/06/2027.

Remarks:

	Kyle W. Funderburk, Attorney-in-Fact for Tracey K. Henderson	01/08/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider activity did APA (APA) report for Tracey K. Henderson?

The Form 4 reports that Tracey K. Henderson, Executive VP Exploration of APA Corp, received new equity awards on January 6, 2026: 18,320 restricted stock units and 44,871 stock options granted under the employer plan.

How many restricted stock units did APA executive Tracey Henderson receive?

Tracey Henderson received 18,320 restricted stock units on January 6, 2026. Each unit corresponds to one share of APA common stock, and the units include a tandem tax withholding right.

What are the vesting terms for Tracey Henderson’s APA restricted stock units?

The 18,320 restricted stock units granted to Tracey Henderson vest equally over three dates: February 1, 2027, January 6, 2028, and January 6, 2029, as disclosed in the footnotes.

What stock options were granted to Tracey Henderson by APA Corp?

On January 6, 2026, APA Corp granted Tracey Henderson 44,871 stock options with an exercise price of $23.88 per share, expiring on January 6, 2036. These options were awarded under the employer plan.

When do Tracey Henderson’s APA stock options become exercisable?

The stock options granted to Tracey Henderson become exercisable ratably over three years, beginning on January 6, 2027, according to the footnote in the filing.

How many derivative securities does Tracey Henderson beneficially own after these APA grants?

After the restricted stock unit grant, the filing shows Henderson beneficially owning 59,089 such derivative securities. After the stock option grant, she beneficially owns 44,871 stock options, all reported as held directly.