STOCK TITAN
  1. Home
  2. Sec-filings
  3. APA
  4. [Form 4] APA Corp Insider Trading Activity

APA Corp (APA) director receives 1,178 RSUs under deferral plan

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Joung Chansoo reported acquisition or exercise transactions in this Form 4 filing.

APA Corp director Chansoo Joung received an equity award consisting of 1,178 restricted stock units. These units were granted under APA's 2016 Omnibus Compensation Plan to non-employee directors, immediately vested, and were automatically deferred into phantom stock units under the Outside Directors' Deferral Program.

After this grant and deferral, Joung now reports beneficial ownership of 242,549 APA-related units and shares. This total includes 1,178 newly deferred phantom stock units, 100,213 previously reported phantom stock units, 873 phantom stock units accrued from dividends, and 140,285 shares of common stock held directly.

Positive

  • None.

Negative

  • None.
Insider Joung Chansoo
Role Director
Type Security Shares Price Value
Grant/Award Common Stock 1,178 $0.00 --
Holdings After Transaction: Common Stock — 242,549 shares (Direct)
Footnotes (1)
  1. Restricted stock units granted to each of APA's non-employee directors under the 2016 Omnibus Compensation Plan, which immediately vest and are automatically deferred under the deferred compensation provisions of APA's Outside Directors' Deferral Program (the "ODDP"). The reporting person has reported prior awards of restricted stock units and automatic deferrals in the form of phantom stock units in Table II of Form 4. The total reported in Column 5 includes 1,178 newly deferred phantom stock units, 100,213 phantom stock units previously reported in Table II, 873 phantom stock units accrued under the ODDP attributable to dividends paid on APA common stock, and 140,285 shares of common stock.
Restricted stock units granted 1,178 units Common Stock award on 2026-03-31, immediately vested and deferred
Total holdings after transaction 242,549 units/shares Beneficial ownership reported in Column 5 after grant and deferral
Previously reported phantom stock units 100,213 units Phantom stock units previously reported in Table II
Dividend-accrued phantom units 873 units Phantom units accrued under ODDP from dividends on APA common stock
Common stock held 140,285 shares Shares of APA common stock included in total beneficial ownership
Transaction price per share $0.0000 Equity grant reported as compensation, not a market purchase
restricted stock units financial
"Restricted stock units granted to each of APA's non-employee directors under the 2016 Omnibus Compensation Plan"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
phantom stock units financial
"automatic deferrals in the form of phantom stock units in Table II of Form 4"
Phantom stock units are company promises that pay a cash or stock-equivalent award tied to the firm’s share price or value growth, but they do not issue actual shares. Think of them as a bonus check that moves with the stock like a mirror rather than handing over an ownership slice. Investors care because these awards can affect a company’s future cash obligations, executive incentives and reported expenses without causing share dilution.
Outside Directors' Deferral Program financial
"automatically deferred under the deferred compensation provisions of APA's Outside Directors' Deferral Program (the "ODDP")"
2016 Omnibus Compensation Plan financial
"Restricted stock units granted to each of APA's non-employee directors under the 2016 Omnibus Compensation Plan"
Form 4 Insider Transactions: What Each Field Means →
SEC Form 4
FORM 4UNITED 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*
Joung Chansoo
(Last)(First)(Middle)
2000 W SAM HOUSTON PARKWAY S
SUITE 200
(Street)
HOUSTON TEXAS 77042
(City)(State)(Zip)
UNITED STATES
(Country)		2. Issuer Name and Ticker or Trading Symbol
APA Corp [ APA ] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
03/31/2026		6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
Common Stock03/31/2026A1,178(1)A$0242,549(2)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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Restricted stock units granted to each of APA's non-employee directors under the 2016 Omnibus Compensation Plan, which immediately vest and are automatically deferred under the deferred compensation provisions of APA's Outside Directors' Deferral Program (the "ODDP").
2. The reporting person has reported prior awards of restricted stock units and automatic deferrals in the form of phantom stock units in Table II of Form 4. The total reported in Column 5 includes 1,178 newly deferred phantom stock units, 100,213 phantom stock units previously reported in Table II, 873 phantom stock units accrued under the ODDP attributable to dividends paid on APA common stock, and 140,285 shares of common stock.
Remarks:
Kyle W. Funderburk, Attorney-in-Fact for Chansoo Joung04/02/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What did APA (APA) director Chansoo Joung report in this Form 4 filing?

Director Chansoo Joung reported receiving 1,178 restricted stock units that immediately vested and were deferred into phantom stock units. Following this award and deferral, he reports total beneficial ownership of 242,549 APA-related units and shares, combining phantom units and common stock.

How many APA restricted stock units were granted to the director in this filing?

The director was granted 1,178 restricted stock units of APA common stock. These units were issued under APA’s 2016 Omnibus Compensation Plan for non-employee directors, immediately vested upon grant, and were automatically deferred into phantom stock units under the Outside Directors’ Deferral Program.

What is the director’s total reported APA ownership after this transaction?

After the transaction, the director reports total beneficial ownership of 242,549 APA-related units and shares. This includes 1,178 newly deferred phantom stock units, 100,213 previously reported phantom stock units, 873 dividend-accrued phantom units, and 140,285 shares of APA common stock.

What is APA’s Outside Directors’ Deferral Program mentioned in the Form 4?

APA’s Outside Directors’ Deferral Program allows non-employee directors to defer equity awards into phantom stock units. In this case, 1,178 restricted stock units immediately vested and were automatically deferred into phantom units, aligning director compensation with APA’s stock performance over time without immediate share delivery.

Why was the transaction price per share reported as zero in the APA Form 4?

The transaction price per share is reported as 0.0000 because the 1,178 restricted stock units represent a compensation grant, not a market purchase. The director did not pay cash for these units; they were awarded under APA’s 2016 Omnibus Compensation Plan for non-employee directors.