APA Corp (APA) EVP Mark Maddox reports RSU vesting and tax share withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
APA Corp executive Mark D. Maddox, Executive VP – Administration, reported equity compensation activity on February 1, 2026. A total of 6,158 restricted stock units vested and were converted into the same number of APA common shares at an exercise price of $0 under the employer plan.
To cover required taxes on this vesting, 2,424 common shares were withheld at a price of $26.41 per share. After these transactions, Maddox directly owned 76,610.471 APA common shares and indirectly held 4,843.625 shares through a trustee of a nonqualified plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
6,158 shares exercised/converted
Mixed
4 txns
Insider
Maddox Mark D
Role
Executive VP - Administration
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock / Units | 6,158 | $0.00 | -- |
| Exercise | Common Stock | 6,158 | $0.00 | -- |
| Tax Withholding | Common Stock | 2,424 | $26.41 | $64K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock / Units — 54,041 shares (Direct);
Common Stock — 79,034.471 shares (Direct);
Common Stock — 4,843.625 shares (Indirect, Held by Trustee of NQ Plan)
Footnotes (1)
- Vesting on 02/01/2026 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. One share of APA common stock for each restricted stock unit.
FAQ
What insider transaction did APA (APA) report for Mark D. Maddox?
APA reported that Executive VP Mark D. Maddox had 6,158 restricted stock units vest and convert into common shares. As part of this process, 2,424 common shares were withheld to satisfy tax withholding obligations tied to the vesting event.
What does the derivative transaction code M mean in APA’s Form 4?
Transaction code M indicates the exercise or conversion of a derivative security, here restricted stock units. In this case, 6,158 restricted stock units converted into the same number of APA common shares at $0, reflecting vesting under the company’s compensation plan.
What is the relationship of Mark D. Maddox to APA Corp (APA)?
Mark D. Maddox is an officer of APA Corp, serving as Executive Vice President – Administration. The Form 4 identifies him in this role and reports his beneficial ownership changes in APA common stock and related restricted stock unit awards.