APA Corp (APA) EVP & CFO granted RSUs, 44,871 stock options at $23.88

Rhea-AI Filing Summary

APA Corp executive Ben C. Rodgers, EVP and CFO, reported new equity awards in the form of restricted stock units and stock options. On 01/06/2026 he received 18,320 restricted stock units, each representing one share of APA common stock, with a stated price of $0 per unit. These units were granted under the employer plan and are scheduled to vest in three equal installments on 02/01/2027, 01/06/2028, and 01/06/2029, and are accompanied by a tandem tax withholding right.

On the same date, he was granted a stock option covering 44,871 shares of APA common stock at an exercise price of $23.88 per share. The option was granted under the employer plan and becomes exercisable ratably over three years beginning 01/06/2027, with an expiration date of 01/06/2036. Following the restricted stock unit grant, he beneficially owned 27,706 derivative securities of that type, and he held 44,871 stock options, all reported as directly owned.

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
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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^*

Rodgers Ben C

(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)
	EVP and CFO

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	27,706	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 Ben C. Rodgers	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 transaction did APA (APA) disclose for Ben C. Rodgers?

The filing reports that Ben C. Rodgers, EVP and CFO of APA Corp, received equity-based compensation on 01/06/2026, including restricted stock units and stock options granted under the company’s plan.

How many restricted stock units did APAa0EVP and CFO Ben C. Rodgers receive?

He received 18,320 restricted stock units on 01/06/2026, each representing one share of APA common stock, with a stated price of $0 per unit.

What are the vesting dates for Ben C. Rodgersa0APA restricted stock units?

The 18,320 restricted stock units vest in three equal installments on 02/01/2027, 01/06/2028, and 01/06/2029.

What stock options were granted to APA EVP and CFO Ben C. Rodgers?

He was granted a stock option for 44,871 shares of APA common stock on 01/06/2026 at an exercise price of $23.88 per share, under the employer plan.

When do Ben C. Rodgersa0APA stock options become exercisable and when do they expire?

The 44,871 stock options become exercisable ratably over three years beginning 01/06/2027 and have an expiration date of 01/06/2036.

How many APA derivative securities did Ben C. Rodgers hold after these Form 4 transactions?

After the reported transactions, he beneficially owned 27,706 restricted stock units of that type and 44,871 stock options, all reported as directly owned.