APA Corp (APA) director receives 1,535 RSUs deferred into phantom stock
Rhea-AI Filing Summary
Weaving Anya reported acquisition or exercise transactions in this Form 4 filing.
APA Corp director Anya Weaving reported receiving a grant of 1,535 restricted stock units as a non-employee director under APA's 2016 Omnibus Compensation Plan. These units immediately vest and are automatically deferred into phantom stock units under APA's Outside Directors' Deferral Program.
After this award and related dividend equivalents, Weaving now holds a total of 18,597 phantom stock units in the deferral program, consisting of 1,535 newly deferred units, 16,953 previously reported units, and 109 units accrued from dividends on APA common stock. This is a compensation-related, non-cash equity award rather than an open-market share purchase.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 1,535 shares
Net Buy
1 txn
Insider
Weaving Anya
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,535 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock — 18,597 shares (Direct)
Footnotes (2)
- F1. 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").
- F2. The total reported in Column 5 includes 1,535 newly deferred phantom stock units, 16,953 phantom stock units previously reported, and 109 phantom stock units accrued under the ODDP attributable to dividends paid on APA common stock.
Key Figures
RSUs granted: 1,535 units
Total phantom units after transaction: 18,597 units
Previously reported phantom units: 16,953 units
+1 more
4 metrics
RSUs granted
1,535 units
Restricted stock units granted to non-employee director
Total phantom units after transaction
18,597 units
Phantom stock units held after grant and accruals
Previously reported phantom units
16,953 units
Phantom stock units held before current grant
Dividend-accrued phantom units
109 units
Units accrued from dividends on APA common stock
Key Terms
Restricted stock units, phantom stock units, deferred compensation, Outside Directors' Deferral Program, +1 more
5 terms
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
"includes 1,535 newly deferred phantom stock units, 16,953 phantom stock units previously reported, and 109 phantom stock units accrued"
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.
deferred compensation financial
"automatically deferred under the deferred compensation provisions of APA's Outside Directors' Deferral Program"
Deferred compensation is pay that employees or executives have earned now but will receive at a later date, such as delayed bonuses, retirement benefits, or stock grants. It matters to investors because it creates future obligations and shapes incentives—like a promise to pay later that can affect a company’s reported profits, cash needs and potential stock dilution—so it helps signal how a business manages costs and retains key people.
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"
FAQ
What insider transaction did APA (APA) report for director Anya Weaving?
APA reported that director Anya Weaving received 1,535 restricted stock units as a non-employee director award. These units immediately vested and were deferred into phantom stock units under APA’s Outside Directors’ Deferral Program as part of her equity-based compensation.
How many APA (APA) phantom stock units does Anya Weaving hold after this Form 4?
Following the reported grant and dividend-related accruals, Anya Weaving holds 18,597 phantom stock units. This total includes 1,535 newly deferred units, 16,953 previously reported units, and 109 units accrued from dividends paid on APA common stock under the deferral program.
Was the APA (APA) Form 4 transaction an open-market stock purchase or sale?
No, the Form 4 shows a grant of restricted stock units to a non-employee director, not an open-market trade. The award vested immediately and was automatically deferred into phantom stock units, reflecting compensation rather than a discretionary buy or sell decision in the market.
What plan governs the APA (APA) restricted stock unit grant to Anya Weaving?
The restricted stock units were granted under APA’s 2016 Omnibus Compensation Plan to a non-employee director. They are automatically deferred into phantom stock units pursuant to APA’s Outside Directors’ Deferral Program, which provides deferred, stock-based compensation aligned with APA common stock performance and dividends.
How are dividends on APA (APA) common stock reflected in Anya Weaving’s phantom units?
Dividends on APA common stock generate additional phantom stock units under the deferral program. The filing notes 109 phantom stock units accrued this way, which are included in Anya Weaving’s total 18,597 phantom units following the latest grant and dividend-related accruals.
AI-generated analysis. How Rhea-AI works. Not financial advice.
