APA Corp (APA) CFO Ben C. Rodgers logs stock unit vesting and sale
Rhea-AI Filing Summary
APA Corp EVP and CFO Ben C. Rodgers reported routine equity award activity involving restricted stock units and common shares on 01/08/2026. Restricted stock units representing 2,372 and 3,557 units were converted to common stock at an exercise price of $0, reflecting vesting under the employer’s plan and cash-based awards that vest ratably over three years. Following these conversions, he acquired matching amounts of common stock.
On the same date, 2,372 common shares were disposed of at $25.37 per share, and 1,400 shares were withheld to cover required tax obligations tied to the vesting. After these transactions, Rodgers directly held 38,697 shares of APA common stock, along with 25,334 and 21,777 restricted stock units in separate awards, as reported.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock / Units | 2,372 | $0.00 | -- |
| Exercise | Restricted Stock / Units | 3,557 | $0.00 | -- |
| Exercise | Common Stock | 2,372 | $0.00 | -- |
| Disposition | Common Stock | 2,372 | $25.37 | $60K |
| Exercise | Common Stock | 3,557 | $0.00 | -- |
| Tax Withholding | Common Stock | 1,400 | $25.37 | $36K |
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. 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.
FAQ
What insider activity did APA (APA) report for Ben C. Rodgers?
APA reported that EVP and CFO Ben C. Rodgers had restricted stock units vest and convert into common shares, followed by a sale of some shares and a tax withholding transaction, all on 01/08/2026.
What happened to Ben C. Rodgers’ restricted stock units at APA?
Restricted stock units totaling 2,372 and 3,557 units vested and were reported as exercised at an exercise price of $0, consistent with employer plan terms and cash-based awards that vest ratably over three years.
Are APA restricted stock units held by Ben C. Rodgers cash- or stock-settled?
The filing notes that certain restricted stock units are the economic equivalent of one share of APA common stock and can only be settled in cash, while another award provides one share of APA common stock for each restricted stock unit.