Ragauss Peter A 4
4 · APA Corp · Filed Apr 2, 2026
Research Summary
AI-generated summary of this filing
APA Director Peter Ragauss Receives 1,178 RSU Award
What Happened
Peter A. Ragauss, a director of APA Corp (APA), received a grant of 1,178 restricted stock units (RSUs) on 2026-03-31. The award was granted at $0.00 (standard for RSU grants) and has a total reported value of $0 in the filing because it is an equity award rather than a cash transaction. The RSUs immediately vested and were automatically deferred into phantom stock units under APA’s Outside Directors' Deferral Program (ODDP).
Key Details
- Transaction date: 2026-03-31; transaction type: Award/Grant (code A).
- Shares/units granted: 1,178 RSUs; price reported: $0.00; reported dollar value: $0.
- Shares/units owned after transaction (reported in Form 4 Column 5): 99,682 phantom stock units (1,178 newly deferred + 97,654 previously reported + 850 accrued from dividends).
- Footnote F1: RSUs granted under the 2016 Omnibus Compensation Plan; they immediately vest and are automatically deferred under the ODDP.
- Footnote F2: Confirms the 1,178 newly deferred units and totals previously reported and dividend-accrued phantom units.
- Filing: Report filed 2026-04-02 for a 2026-03-31 transaction; no indication in the filing of a late reporting exception.
Context
These units are deferred/phantom stock units (deferred compensation) and do not represent an open-market purchase or immediate sale of shares. Such director RSU grants are routine compensation rather than a clear bullish or bearish signal about the company.
Insider Transaction Report
- Award
Common Stock
[F1][F2]2026-03-31+1,178→ 99,682 total
Footnotes (2)
- [F1]Restricted stock units granted to each of APA's non-employee directors under the 2016 Omnibus Compensation Plan, which immediately vest and are automatically deferred under the deferred compensation provisions of APA's Outside Directors' Deferral Program (the "ODDP").
- [F2]The reporting person has reported prior awards of restricted stock units and automatic deferrals in the form of phantom stock units in Table II of Form 4. The total reported in Column 5 includes 1,178 newly deferred phantom stock units, 97,654 phantom stock units previously reported in Table II, and 850 phantom stock units accrued under the ODDP attributable to dividends paid on APA common stock.