Hooper Charles W 4
Research Summary
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APA Corp Director Charles Hooper Receives Restricted Stock Award
What Happened Charles W. Hooper, a director of APA Corp (APA), was granted 1,178 restricted stock units (transaction code A) on March 31, 2026. The units were granted at $0.00 (no cash payment) and immediately vest, but are automatically deferred under APA's Outside Directors' Deferral Program (ODDP) as phantom stock units.
Key Details
- Transaction date: 2026-03-31; Form 4 filed 2026-04-02 (appears timely).
- Grant type/price: Award of 1,178 RSUs @ $0.00 (value reported as $0).
- Shares/units owned after transaction: 29,961 phantom stock units total (1,178 newly deferred + 28,534 previously reported + 249 dividend-accrued units).
- Footnotes: Grant made under APA's 2016 Omnibus Compensation Plan; awards to non-employee directors immediately vest and are automatically deferred under the ODDP. Prior awards and accrued dividend units are included in the reported total.
Context This was a compensation award to a non-employee director and not an open-market purchase or sale, so it reflects board compensation practices rather than a direct buy/sell signal by management. The deferred phantom units represent vested compensation that is recorded as units rather than immediately delivered shares.