Ellis Juliet S 4

4 · APA Corp · Filed Apr 2, 2026

AI-generated summary of this filing

Updated Apr 2, 2026

APA Director Juliet S. Ellis Receives 1,178-Share Award

What Happened

Juliet S. Ellis, a director of APA Corp (APA), received an award of 1,178 restricted stock units (RSUs) on 2026-03-31. The units were granted at $0.00 (no cash paid) and immediately vested, then were automatically deferred under APA's Outside Directors' Deferral Program (ODDP).
The filing reports the newly deferred 1,178 phantom stock units added to previously reported awards and owned shares, bringing the total reported beneficial holdings to 87,306 shares/units. This transaction is an award (routine director compensation), not a purchase or sale.

Key Details

Transaction date: 2026-03-31; Form 4 filed: 2026-04-02.
Transaction type/code: Award/Grant (A); price reported $0.00.
Shares/units acquired: 1,178 RSUs (immediately vested and deferred).
Shares/units beneficially owned after transaction: 87,306 (includes 1,178 newly deferred phantom units, 73,056 previously reported phantom units, 636 dividend-attributable phantom units under the ODDP, and 12,436 actual common shares).
Footnote: RSUs granted to non-employee directors under APA’s 2016 Omnibus Compensation Plan vest immediately and are automatically deferred as phantom stock units under the ODDP.
Filing timeliness: No late filing flag; Form 4 filed two days after the transaction date.

Context

These RSUs were deferred into phantom stock units, meaning Ellis did not receive immediately tradable shares or cash — the units track APA’s stock value under the deferral program.
Grants to non-employee directors are common as routine compensation and do not by themselves indicate buying or selling sentiment.

Form 4

Period: 2026-03-31

Director

Transactions

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 the 1,178 newly deferred phantom stock units, 73,056 phantom stock units previously reported in Table II, 636 phantom stock units accrued under the ODDP attributable to dividends paid on APA common stock, and 12,436 shares of common stock.

Signature

Kyle W. Funderburk, Attorney-in-Fact for Juliet S. Ellis|2026-04-02

1 file