APA Corp president Stephen J. Riney received new equity awards in the form of restricted stock units and stock options. On 01/06/2026, he was granted 45,226 restricted stock units with a conversion rate of one share of APA common stock for each unit. These units were granted under the employer plan and are scheduled to vest in three equal installments on 02/01/2027, 01/06/2028, and 01/06/2029.
On the same date, he also received a stock option grant covering 110,769 shares of common stock at an exercise price of $23.88 per share. These options become exercisable ratably over three years beginning 01/06/2027. Following these grants, he beneficially owns 132,564 derivative securities tied to APA common stock from restricted stock units and 110,769 stock options, all held directly.
APA Corp CEO John J. Christmann reported new equity awards in a Form 4. On 01/06/2026, he received 79,480 restricted stock units, each convertible into one share of APA common stock. These units vest in three equal installments on 02/01/2027, 01/06/2028, and 01/06/2029 under the employer plan.
He was also granted 194,666 stock options on the same date. These options, granted at an exercise price of $23.88 per share, become exercisable ratably over three years beginning 01/06/2027. Following the grant, he beneficially owned 231,614 restricted stock units and 194,666 stock options held directly.
APA Corp president Stephen J. Riney reported multiple equity compensation transactions involving common stock and restricted stock units in early January 2026. On 01/02/2026, 47,767 restricted stock units were exercised into common stock at $0 per share and 47,767 common shares were disposed of at $25.36 per share, leaving 1.392 directly held shares from that block. On 01/04/2026, 5,030 and 7,545 restricted stock units were converted into common stock at $0, followed by dispositions of 5,030 shares at $25.36 and 2,969 shares withheld at $25.36 to cover taxes. Footnotes state certain restricted stock units are cash-settled and are the economic equivalent of one APA share. Riney also reports indirect ownership of 94,681.596 common shares held by a trustee of an NQ plan and 194,589 shares held by the Lisa Riney 2016 Family Trust.
APA Corp EVP and CFO Ben C. Rodgers reported multiple equity award-related transactions in APA common stock and restricted stock units in early January 2026. On January 2, 2026, restricted stock units vested and he acquired 15,141 shares of common stock at an exercise price of $0, followed by a disposition of 15,141 shares at $25.36 per share. On January 4, 2026, additional restricted stock units vested, resulting in acquisitions of 1,676 shares and 2,513 shares of common stock at $0, with related dispositions of 1,676 shares and 989 shares at $25.36 per share, including shares withheld to cover tax obligations. Following these transactions, Rodgers directly owned 36,540 shares of APA common stock and 9,386 restricted stock units, some of which are cash-settled and economically equivalent to one share of common stock.
APA Corp executive Robert P. Rayphole, VP, CAO & Controller, reported multiple equity award–related transactions in APA common stock and restricted stock units in early January 2026. On January 2, 2026, 948 restricted stock units converted at $0 into 948 shares of common stock, followed by a disposition of 948 shares at $25.36 per share. On January 4, 2026, additional restricted stock units converted at $0 into 880 and 720 common shares, with 880 shares disposed of at $25.36 and 322 shares withheld at $25.36 to cover required tax withholding.
After these transactions, Rayphole directly owned 17,289 shares of APA common stock and indirectly held 1,534.602 shares through a trustee for an NQ plan. Footnotes explain that some units are cash‑settled equivalents of common stock and that vesting under employer plans occurs ratably over three years, with certain awards carrying tandem tax withholding rights.
APA Corp executive Tracey K. Henderson, Executive VP Exploration, reported equity award activity and related trades in company stock. On January 2, 2026, restricted stock units converted into 19,829 shares of common stock at $0 per share, followed by a sale of 19,829 shares at $25.36 per share. On January 4, 2026, additional restricted stock units converted into 2,768 and 4,151 shares at $0, with 2,768 shares sold at $25.36 and 1,634 shares withheld to cover taxes on vesting. After these transactions, Henderson directly beneficially owned 43,846 shares of APA common stock.
APA Corporation appointed Robert P. Rayphole as vice president, Chief Accounting Officer, and Controller, effective November 15, 2025. He succeeds Rebecca A. Hoyt, who will remain with the company on the effective date until her previously disclosed retirement.
Rayphole has served as APA’s Assistant Controller since 2011, following prior roles in investor relations and financial reporting. He is a certified public accountant.
Compensation includes an annual base salary of $355,000 and a target annual incentive of 50% of base salary, each effective November 15, 2025, plus a target long-term incentive of 225% effective January 1, 2026. APA furnished a press release announcing the appointment as Exhibit 99.1 dated November 10, 2025.
APA Corporation reported stronger results for the quarter ended September 30, 2025. Total revenues were $2,115 million, and net income attributable to common stock was $205 million (diluted EPS $0.57), compared with a loss of $223 million (EPS $(0.60)) a year ago. Year to date, net income attributable to common stock reached $1,155 million.
Operating cash flow for the first nine months was $3,737 million, funding $2,156 million of upstream additions and supporting balance sheet improvements. Total debt fell to $4,488 million from $6,044 million at year-end, aided by note redemptions, open‑market repurchases, and a $135 million gain related to January exchange and tender activity. Financing costs, net, declined sharply versus 2024.
Portfolio actions included selling New Mexico Permian assets for $573 million, generating a $282 million gain, with proceeds used primarily for debt reduction. APA recorded a quarterly derivative loss of $97 million but realized gains for the period. The company also received an award of two million net exploration acres in Egypt with a $25 million signature bonus, and reported significant collections from EGPC, with substantially all remaining balances current.
APA Corporation furnished an update on its latest performance. The company reported that it issued a press release with financial and operating results for the quarter ended September 30, 2025. The release is provided as Exhibit 99.1 under Item 2.02.
The information was furnished, not filed, meaning it is not subject to Section 18 liabilities and is not incorporated into other filings unless specifically referenced. APA’s common stock trades on the Nasdaq Global Select Market under the symbol APA.
APA Corporation disclosed that on October 8, 2025 it issued a press release providing supplemental financial and operating information for the fiscal quarter ended September 30, 2025. The company furnished the full text of that press release as Exhibit 99.1 and incorporated it by reference into the current report. The excerpt provided here lists the item headings reporting the results and the exhibit attachment but does not include the underlying financial tables or the press release text itself.