APA Corp (APA) EVP-CFO reports RSU vesting, tax share sales

Rhea-AI Filing Summary

APA Corp EVP and CFO Ben C. Rodgers reported multiple equity award-related transactions in APA common stock and restricted stock units in early January 2026. On January 2, 2026, restricted stock units vested and he acquired 15,141 shares of common stock at an exercise price of $0, followed by a disposition of 15,141 shares at $25.36 per share. On January 4, 2026, additional restricted stock units vested, resulting in acquisitions of 1,676 shares and 2,513 shares of common stock at $0, with related dispositions of 1,676 shares and 989 shares at $25.36 per share, including shares withheld to cover tax obligations. Following these transactions, Rodgers directly owned 36,540 shares of APA common stock and 9,386 restricted stock units, some of which are cash-settled and economically equivalent to one share of common stock.

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

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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)
01/02/2026

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
Common Stock	01/02/2026		M(1)		15,141	A	$0	50,157	D
Common Stock	01/02/2026		D(2)		15,141	D	$25.36	35,016	D
Common Stock	01/04/2026		M		1,676	A	$0(2)	36,692	D
Common Stock	01/04/2026		D(3)		1,676	D	$25.36	35,016	D
Common Stock	01/04/2026		M(4)		2,513	A	$0	37,529	D
Common Stock	01/04/2026		F(5)		989	D	$25.36	36,540	D

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(6)	$0(2)	01/02/2026		M			15,141	(1)	(1)	Common Stock	15,141	$0	13,575	D
Restricted Stock / Units(6)	$0(2)	01/04/2026		M			1,676	(3)	(3)	Common Stock	1,676	$0(2)	11,899	D
Restricted Stock / Units(6)	$0(7)	01/04/2026		M			2,513	(4)	(4)	Common Stock	2,513	$0	9,386	D

Explanation of Responses:

1. RSU vesting under 2022 Performance Program under 2016 Omnibus Equity Compensation Plan to be settled in cash only.

2. Each restricted stock unit is the economic equivalent of one share of the Issuer's common stock and can only be settled in cash.

3. Vesting on 01/04/2026 of cash-based restricted stock units under the employer plan. Vesting occurs ratably over three years.

4. Vesting on 01/04/2026 of restricted stock units under the employer plan. Vesting occurs ratably over three years.

5. Shares withheld to cover required tax withholding on vesting of restricted stock.

6. With tandem tax withholding right.

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

Remarks:

	Kyle W. Funderburk, Attorney-in-Fact for Ben C. Rodgers	01/06/2026
	** 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.
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FAQ

What insider transactions did APA (APA) EVP and CFO Ben C. Rodgers report?

Ben C. Rodgers reported vesting of restricted stock units and related trades in APA common stock. He acquired 15,141, 1,676, and 2,513 shares at $0 and disposed of shares at $25.36, including shares withheld for taxes.

How many APA Corp shares does Ben C. Rodgers own after these Form 4 transactions?

After the reported transactions, Ben C. Rodgers directly beneficially owned 36,540 shares of APA common stock and 9,386 restricted stock units.

What were the key transaction dates in the APA EVP-CFO Form 4 filing?

The earliest transaction date was January 2, 2026, with additional transactions on January 4, 2026, covering both common stock and restricted stock unit activity.

At what price were APA common shares sold or withheld in this Form 4?

Common stock dispositions and tax-withholding transactions in the filing occurred at a price of $25.36 per APA share.

How are APA restricted stock units treated in Ben C. Rodgers’ compensation?

Certain restricted stock units are described as the economic equivalent of one APA common share and can only be settled in cash, while other units vest into one share of common stock per unit, with some shares withheld to satisfy tax obligations.

What roles and ownership status does Ben C. Rodgers have at APA Corp?

Ben C. Rodgers is reported as an officer of APA Corp, serving as EVP and CFO, and he is not listed as a director or 10% owner in this filing.