Fisher Kenneth M. 4

What Happened

• Kenneth M. Fisher, a director of APA Corp (APA), was granted 1,535 restricted stock units (RSUs) on June 30, 2026. The acquisition price is reported as $0.00 (award/grant). Per the filing, these RSUs immediately vest and are automatically deferred under APA’s Outside Directors' Deferral Program (ODDP).
• The Form 4 reports a total of 13,977 phantom stock/RSU units attributable to Fisher after this transaction — comprised of the 1,535 newly deferred units, 12,362 previously reported phantom units, and 80 units accrued for dividends. The report was filed on July 1, 2026.

Key Details

• Transaction date: 2026-06-30 (Filed on Form 4: 2026-07-01)
• Transaction type/code: Grant/Award (Code A); 1,535 RSUs @ $0.00
• Shares/units held after transaction: 13,977 phantom stock/RSU units (1,535 new + 12,362 prior + 80 dividend accruals)
• Footnotes: F1 — RSUs granted to non-employee directors immediately vest and are automatically deferred under the ODDP. F2 — Column 5 total reflects new units, prior units, and dividend-accrued units.
• Timeliness: Filing appears timely (filed the next day).

Context

• These awards are routine director compensation and are deferred (phantom units) rather than an open-market purchase or sale. Deferred/phantom units typically track the economic value of shares but are paid per plan rules at a later date; they do not necessarily indicate immediate insider buying or selling sentiment.