APA Corp (APA) VP reports stock unit vesting, sales and tax withholdings
Rhea-AI Filing Summary
APA Corp vice president, chief accounting officer and controller Robert P. Rayphole reported multiple equity transactions on 01/08/2026 and 01/09/2026 related to vesting of restricted stock units and associated share activity. On both days, restricted stock units that are the economic equivalent of common shares vested under the employer plan and were settled in common stock at an exercise price of $0. Some of the newly issued shares were then sold in the open market, including 1,132 shares at $25.37 and 855 shares at $25.20.
Additional shares, such as 414 shares on 01/08/2026 and 382 shares on 01/09/2026, were withheld to cover required tax withholding on the vesting events. After these transactions, Rayphole directly beneficially owned 18,274 shares of APA common stock and indirectly held 1,534.602 shares through a trustee under a nonqualified plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock / Units | 855 | $0.00 | -- |
| Exercise | Restricted Stock / Units | 855 | $0.00 | -- |
| Exercise | Common Stock | 855 | $0.00 | -- |
| Disposition | Common Stock | 855 | $25.20 | $22K |
| Exercise | Common Stock | 855 | $0.00 | -- |
| Tax Withholding | Common Stock | 382 | $25.20 | $10K |
| Exercise | Restricted Stock / Units | 1,132 | $0.00 | -- |
| Exercise | Restricted Stock / Units | 926 | $0.00 | -- |
| Exercise | Common Stock | 1,132 | $0.00 | -- |
| Disposition | Common Stock | 1,132 | $25.37 | $29K |
| Exercise | Common Stock | 926 | $0.00 | -- |
| Tax Withholding | Common Stock | 414 | $25.37 | $11K |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- Each restricted stock unit is the economic equivalent of one share of the Issuer's common stock and can only be settled in cash. Vesting on 01/08/2026 of restricted stock units under the employer plan. Vesting occurs ratably over three years. Shares withheld to cover required tax withholding on vesting of restricted stock. Vesting on 01/09/2026 of restricted stock units under the employer plan. Vesting occurs ratably over three years. With tandem tax withholding right. Vesting on 01/08/2026 of cash-based restricted stock units under the employer plan. Vesting occurs ratably over three years. One share of APA common stock for each restricted stock unit. Vesting on 01/09/2026 of cash-based restricted stock units under the employer plan. Vesting occurs ratably over three years.
FAQ
What insider activity did APA (APA) report for Robert P. Rayphole?
APA reported that Robert P. Rayphole, its VP, CAO & Controller, had restricted stock units vest on 01/08/2026 and 01/09/2026, resulting in issuances of common stock, market sales of some shares, and share withholdings to cover taxes.
What prices were received for APA common stock in the reported sales?
Reported sales of APA common stock were executed at $25.37 per share on 01/08/2026 and $25.20 per share on 01/09/2026, according to the Form 4.
What are the terms of the restricted stock units reported by APA for Rayphole?
Each restricted stock unit is described as the economic equivalent of one share of APA common stock, can only be settled in cash, and vests under the employer plan ratably over three years on dates such as 01/08/2026 and 01/09/2026.