APA Corp (APA) CEO equity awards detailed in new Form 4 filing report

Rhea-AI Filing Summary

APA Corp CEO John J. Christmann reported new equity awards in a Form 4. On 01/06/2026, he received 79,480 restricted stock units, each convertible into one share of APA common stock. These units vest in three equal installments on 02/01/2027, 01/06/2028, and 01/06/2029 under the employer plan.

He was also granted 194,666 stock options on the same date. These options, granted at an exercise price of $23.88 per share, become exercisable ratably over three years beginning 01/06/2027. Following the grant, he beneficially owned 231,614 restricted stock units and 194,666 stock options held directly.

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^*

CHRISTMANN JOHN J

(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)

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	CEO

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		79,480		(3)	(3)	Common Stock	79,480	$0	231,614	D
Stock Option Grant	$23.88	01/06/2026		A		194,666		(4)	01/06/2036	Common Stock	194,666	$0	194,666	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 John J. Christmann	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 transactions did APA (APA) report for its CEO?

The CEO, John J. Christmann, reported grants of 79,480 restricted stock units and 194,666 stock options on 01/06/2026 under the company plan.

How do the new restricted stock units for APA7s CEO vest?

The 79,480 restricted stock units vest equally over three years on 02/01/2027, 01/06/2028, and 01/06/2029.

What are the key terms of the APA CEO7s new stock option grant?

The CEO received 194,666 stock options on 01/06/2026 with an exercise price of $23.88 per share. They become exercisable ratably over three years beginning 01/06/2027 and expire on 01/06/2036.

How many APA derivative securities does the CEO hold after these grants?

After the reported transactions, the CEO directly beneficially owned 231,614 restricted stock units and 194,666 stock options, according to the Form 4.

Are the APA CEO7s new restricted stock units settled in common stock?

Yes. Each restricted stock unit represents the right to receive one share of APA common stock, as noted in the footnotes.

Is there a tax withholding feature attached to the APA CEO awards?

Yes. The filing notes the restricted stock units are granted with a tandem tax withholding right.