APA Corp Director Lamar McKay Awarded 1,804 Shares Under Director Compensation Plan
APA Corp
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Filing Summary
APA Corp (APA) | Form 4 Filing Insider: Lamar McKay (Director) Transaction: Grant of 1,804 shares of Common Stock at $0.00 Total Value: $0.00 Post-Transaction Ownership: 57,827 shares Significance: Low (Routine quarterly director compensation deferred into phantom stock units)
Comprehensive Analysis
Transaction Summary
On September 30, 2026, Lamar McKay, a Director of APA Corp, received an equity grant of 1,804 shares of Common Stock at an exercise/acquisition price of $0.00 under Transaction Code 'A' (Grant, award or other acquisition under Rule 16b-3).
Filing Details & Context
- Nature of Transaction: The shares represent restricted stock units awarded to non-employee directors pursuant to the company's 2016 Omnibus Compensation Plan.
- Deferral Program: These units immediately vest and are automatically deferred into phantom stock units in accordance with the Outside Directors' Deferral Program (ODDP).
- Holding Update: Following this award, Director McKay directly holds 57,827 units/shares, which includes the 1,804 newly deferred phantom stock units, 55,702 previously reported phantom stock units, and 321 phantom stock units accumulated through dividend reinvestment provisions under the ODDP.
Market & Trading Significance
This transaction carries Low trading significance as it represents standard, non-discretionary equity compensation for board service rather than an open-market purchase or sale.
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Important Disclaimer
This content is drawn from public SEC filings and may contain errors. It is for informational purposes only and is not investment, legal, or tax advice.
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