Accepted (ET)
4:48 PM
Oct 1, 2026
Filed
Oct 1, 2026
Documents
1
Size
5.3 KB
Summary
APA Corp Director Joung Chansoo Receives 1,203-Share Award
What Happened
- Joung Chansoo, a director of APA Corp (APA), was granted 1,203 restricted stock units (reported as an "A" award) on 2026-09-30. The Form 4 shows the grant at $0.00 (typical for RSU awards) and was reported on 2026-10-01.
- These units immediately vest and are automatically deferred under APA’s Outside Directors' Deferral Program (ODDP), so the award increases his deferred/phantom stock unit balance rather than delivering unrestricted shares.
Key Details
- Transaction date: 2026-09-30; transaction type/code: Award/Grant (A); reported price: $0.00.
- Shares/units held after transaction: 140,285 shares of common stock plus 106,262 phantom/deferred stock units (1,203 newly deferred units + 104,457 previously reported + 602 dividend-accrued units), per filing footnote.
- Plan/terms: RSUs granted under APA’s 2016 Omnibus Compensation Plan and immediately deferred under the ODDP (Footnote F1).
- Filing: Form 4 filed 2026-10-01; transaction reported promptly (no late filing flagged).
Context
- This is a director compensation award (routine, not an open-market purchase or sale). The reported $0.00 reflects that this was a grant of restricted/deferred units; economic value will vary with APA’s share price and is realized according to the ODDP terms.