[Form 4] APA Corp Insider Trading Activity
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Hooper Charles W reported acquisition or exercise transactions in this Form 4 filing.
APA Corp director Charles W. Hooper received an equity award of 1,178 restricted stock units, which immediately vest and are automatically deferred into phantom stock units under APA’s Outside Directors’ Deferral Program. After this grant and related dividend accruals, his deferred phantom stock unit balance totals 29,961 units.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Hooper Charles W
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,178 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 29,961 shares (Direct)
Footnotes (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, 28,534 phantom stock units previously reported in Table II, and 249 phantom stock units accrued under the ODDP attributable to dividends paid on APA common stock.
Key Figures
RSU grant size: 1,178 units
Total phantom stock units after transaction: 29,961 units
Dividend-related phantom units: 249 units
+1 more
4 metrics
RSU grant size
1,178 units
Restricted stock units granted to non-employee director
Total phantom stock units after transaction
29,961 units
Phantom stock units held after new deferral and dividend accruals
Dividend-related phantom units
249 units
Phantom stock units accrued from dividends under ODDP
Award price per unit
$0.0000 per unit
Compensation grant, not an open-market purchase
Key Terms
restricted stock units, phantom stock units, 2016 Omnibus Compensation Plan, Outside Directors' Deferral Program
4 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
"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.
2016 Omnibus Compensation Plan financial
"Restricted stock units granted to each of APA's non-employee directors under the 2016 Omnibus Compensation Plan"
Outside Directors' Deferral Program financial
"automatically deferred under the deferred compensation provisions of APA's Outside Directors' Deferral Program"
FAQ
What insider transaction did APA (APA) report for Charles W. Hooper?
APA reported that director Charles W. Hooper acquired 1,178 restricted stock units as an equity award. These units immediately vested and were automatically deferred into phantom stock units under APA’s Outside Directors’ Deferral Program, increasing his total deferred phantom stock holdings to 29,961 units.
Was the recent APA (APA) Form 4 transaction an open-market buy or sell?
No, the APA Form 4 transaction was not an open-market trade. It reflects a grant of 1,178 restricted stock units to director Charles W. Hooper as compensation, which immediately vested and were deferred into phantom stock units under the Outside Directors’ Deferral Program.
How many APA phantom stock units does Charles W. Hooper hold after this award?
Following the latest 1,178-unit grant and deferral, Charles W. Hooper holds 29,961 phantom stock units tied to APA common stock. This total includes newly deferred units, previously reported phantom stock units, and additional units accrued from dividends under the Outside Directors’ Deferral Program.
What compensation plans are referenced in APA’s Form 4 for Charles W. Hooper?
The filing references APA’s 2016 Omnibus Compensation Plan and the Outside Directors’ Deferral Program. Restricted stock units granted to non-employee directors immediately vest and are automatically deferred into phantom stock units under the deferral program, rather than being settled in currently deliverable APA common shares.
How does dividend accrual affect APA phantom stock units for directors?
Under APA’s Outside Directors’ Deferral Program, phantom stock units can accrue additional units attributable to dividends paid on APA common stock. For Charles W. Hooper, the total 29,961 phantom units include both prior awards and 249 phantom stock units specifically accrued from such dividend-related credits.