APA Corp (APA) president discloses RSU vesting, share sales and tax
Rhea-AI Filing Summary
APA Corp president Stephen J. Riney reported equity compensation activity and related share movements. On January 8, 2026, restricted stock units vested and were converted into 8,538 and 12,807 shares of APA common stock at an exercise price of $0, as shown in the derivative and non-derivative tables. On the same date, 8,538 common shares were disposed of at $25.37 per share and 5,040 shares were withheld at $25.37 to cover tax obligations tied to the vesting.
Following these transactions, Riney directly held 12,344.392 APA common shares. He also had indirect beneficial ownership of 94,681.596 shares held by the trustee of an NQ plan and 194,589 shares held by the Lisa Riney 2016 Family Trust. The filing also lists remaining restricted stock unit balances of 124,026 and 111,219 units after the reported activity.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock / Units | 8,538 | $0.00 | -- |
| Exercise | Restricted Stock / Units | 12,807 | $0.00 | -- |
| Exercise | Common Stock | 8,538 | $0.00 | -- |
| Disposition | Common Stock | 8,538 | $25.37 | $217K |
| Exercise | Common Stock | 12,807 | $0.00 | -- |
| Tax Withholding | Common Stock | 5,040 | $25.37 | $128K |
| holding | Common Stock | -- | -- | -- |
| 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. With tandem tax withholding right. Vesting on 01/08/2026 of cash-based restricted stock units under 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 Stephen J. Riney?
The filing shows that Stephen J. Riney, President of APA Corp, had restricted stock units vest into common shares on January 8, 2026, and reported related share sales and tax withholding transactions.
What is Stephen J. Rineys direct ownership in APA (APA) after the reported transactions?
After the reported transactions, Stephen J. Riney directly owned 12,344.392 shares of APA Corp common stock.
What does the Form 4 say about APA restricted stock units held by Stephen J. Riney?
The document notes balances of 124,026 and 111,219 restricted stock units following the transactions. Footnotes explain that each restricted stock unit is economically equivalent to one share of APA common stock, with vesting occurring ratably over three years under the employer plan.