Executive VP - Administration·Indirect · Non-Qualified Retirement Plan
Discretionary · Acquire
Phantom Stock UnitsDerivative
Shares+15.50K
Price$39.32
Total Value$609.5K
Shares Owned After21.80K
Transaction DateMay 20, 2026
Footnotes ▸
Each phantom stock unit is the economic equivalent of one share of APA common stock and is payable at the participant's election either in APA common stock or cash, in accordance with and subject to the terms of the company's non-qualified retirement plan. | The acquisition reported herein represents a discretionary transaction under Rule 16b-3(f), consisting of a participant-directed transfer of existing account value under the company's non-qualified retirement plan from other deemed investment alternatives into the APA common stock deemed investment alternative. | Each phantom stock unit is the economic equivalent of one share of APA common stock and is payable at the participant's election either in APA common stock or cash, in accordance with and subject to the terms of the company's non-qualified retirement plan. | Each phantom stock unit is the economic equivalent of one share of APA common stock and is payable at the participant's election either in APA common stock or cash, in accordance with and subject to the terms of the company's non-qualified retirement plan.
Maddox Mark D
Executive VP - Administration·Direct
Sell · Dispose
Common Stock
Shares-9.80K
Price$40.04
Total Value$392.4K
Shares Owned After66.81K
Transaction DateMay 20, 2026
Footnotes ▸
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $40.00 to $40.16 per share, inclusive. The Reporting Person undertakes to provide to the staff of the Securities and Exchange Commission, the Issuer, or any security holder of the Issuer, upon request, full information regarding the number of shares sold at each respective price within the range set forth in this footnote.
Post-Transaction Holdings
Maddox Mark D
Security
Shares
Change
Common Stock
66.81K
-9.80K (-12.79%)
Phantom Stock Units
21.80K
+15.50K (246.19%)
Original SEC Filing Textexpand_more
=== SEC Form 4 — Statement of Changes in Beneficial Ownership ===
Document Type: 4
Period of Report: 2026-05-20
10b5-1 Pre-arranged Plan: No
--- Issuer ---
Name: APA Corp (APA)
CIK: 0001841666
--- Reporting Owner ---
Name: Maddox Mark D
CIK: 0001961805
Role: Officer (Executive VP - Administration)
--- Non-Derivative Transactions ---
[Transaction #1]
Security: Common Stock
Date: 2026-05-20 | Code: S (Open market sale)
Shares: -9,800 | Price: $40.04
Total Value: $392,392.00
Shares Owned After: 66,810.471 | Ownership: D (Direct)
Footnotes:
[F1] The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $40.00 to $40.16 per share, inclusive. The Reporting Person undertakes to provide to the staff of the Securities and Exchange Commission, the Issuer, or any security holder of the Issuer, upon request, full information regarding the number of shares sold at each respective price within the range set forth in this footnote.
--- Derivative Transactions ---
[Transaction #1]
Security: Phantom Stock Units
Date: 2026-05-20 | Code: I (Discretionary (intra-plan))
Shares: +15,500 | Price: $39.32
Shares Owned After: 21,796.074 | Ownership: I (Indirect) | Nature: Non-Qualified Retirement Plan
Footnotes:
[F2] Each phantom stock unit is the economic equivalent of one share of APA common stock and is payable at the participant's election either in APA common stock or cash, in accordance with and subject to the terms of the company's non-qualified retirement plan.
[F3] The acquisition reported herein represents a discretionary transaction under Rule 16b-3(f), consisting of a participant-directed transfer of existing account value under the company's non-qualified retirement plan from other deemed investment alternatives into the APA common stock deemed investment alternative.
[F2] Each phantom stock unit is the economic equivalent of one share of APA common stock and is payable at the participant's election either in APA common stock or cash, in accordance with and subject to the terms of the company's non-qualified retirement plan.
[F2] Each phantom stock unit is the economic equivalent of one share of APA common stock and is payable at the participant's election either in APA common stock or cash, in accordance with and subject to the terms of the company's non-qualified retirement plan.
--- Footnotes (Complete Index) ---
F1: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $40.00 to $40.16 per share, inclusive. The Reporting Person undertakes to provide to the staff of the Securities and Exchange Commission, the Issuer, or any security holder of the Issuer, upon request, full information regarding the number of shares sold at each respective price within the range set forth in this footnote.
F2: Each phantom stock unit is the economic equivalent of one share of APA common stock and is payable at the participant's election either in APA common stock or cash, in accordance with and subject to the terms of the company's non-qualified retirement plan.
F3: The acquisition reported herein represents a discretionary transaction under Rule 16b-3(f), consisting of a participant-directed transfer of existing account value under the company's non-qualified retirement plan from other deemed investment alternatives into the APA common stock deemed investment alternative.
--- Signature ---
/s/ Kyle W. Funderburk, Attorney-in-Fact for Mark D. Maddox (2026-05-22)
