Warnica Kimberly O. 4

What Happened Kimberly O. Warnica, EVP, CLO & Secretary of APA Corp, had 5,981 restricted stock units (RSUs) vest on February 1, 2026. The RSUs converted to 5,981 shares of APA common stock (reported at $0.00 per share for the conversion). To cover required tax withholding, 2,616 shares were surrendered/withheld at an implied value of $26.41 per share (totaling about $69,089), leaving 3,365 net shares delivered to Warnica.

Key Details

• Transaction date: 2026-02-01 (report filed 2026-02-02).
• Conversion/derivative code: M (exercise/conversion of derivative) — 5,981 RSUs converted to shares at $0.00 exercise price.
• Tax withholding code: F — 2,616 shares withheld/disposed at $26.41 each for ~$69,089.
• Net shares retained from this vesting: 3,365 (5,981 vested − 2,616 withheld).
• Footnotes: Vesting was part of a multi-year RSU award (vests ratably over three years); one share issued per RSU; shares were withheld to satisfy tax withholding and the issuer exercised a tandem withholding right.
• Filing timeliness: Report filed the next day (appears timely); no late filing indicated in the form.

Context This was a routine compensation vesting event (RSU conversion), not an open-market purchase or sale. The tax-withholding portion is a common cashless mechanism where the company withholds shares to satisfy tax obligations; it does not necessarily signal the insider's view of the stock. Transaction codes: M indicates conversion/exercise of a derivative (the RSU-to-share conversion) and F indicates shares withheld for taxes.