APA Corp (APA) CFO reports RSU vesting and tax share withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
APA Corp executive Ben C. Rodgers, EVP and CFO, reported equity award activity on February 1, 2026. A total of 4,222 restricted stock units vested into APA common stock at an exercise price of $0 under the employer plan, with vesting occurring ratably over three years.
To cover required tax withholding on this vesting, 1,662 shares of common stock were withheld at $26.41 per share. Following these transactions, Rodgers directly beneficially owned 41,257 shares of APA common stock and 28,867 restricted stock units.
Positive
- None.
Negative
- None.
Insider Trade Summary
4,222 shares exercised/converted
Mixed
3 txns
Insider
Rodgers Ben C
Role
EVP and CFO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock / Units | 4,222 | $0.00 | -- |
| Exercise | Common Stock | 4,222 | $0.00 | -- |
| Tax Withholding | Common Stock | 1,662 | $26.41 | $44K |
Holdings After Transaction:
Restricted Stock / Units — 28,867 shares (Direct);
Common Stock — 42,919 shares (Direct)
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 EVP and CFO Ben C. Rodgers report?
Ben C. Rodgers reported vesting of restricted stock units. On February 1, 2026, 4,222 restricted stock units converted into APA common stock at an exercise price of $0 under the company’s equity plan, reflecting scheduled vesting rather than an open-market purchase.
What does the Form 4 transaction code “M” mean for APA EVP and CFO Rodgers?
The “M” code reflects a conversion of derivative securities. In this case, 4,222 restricted stock units were converted into an equal number of APA common shares at $0, consistent with vesting of equity awards granted under the employer’s stock plan.
What role does Ben C. Rodgers hold at APA Corp in this Form 4?
Ben C. Rodgers is identified as APA’s EVP and CFO. The Form 4 states he is an officer, serving as Executive Vice President and Chief Financial Officer, and that the reported APA common stock and restricted stock units are held directly by him.
How many restricted stock units does APA’s CFO hold after this vesting event?
Rodgers held 28,867 restricted stock units after the event. Table II shows this remaining balance of restricted stock units following the conversion of 4,222 units into common stock, with each unit representing one share of APA common stock.