Maddox Mark D 4

What Happened
Mark D. Maddox, Executive VP — Administration of APA Corp (APA), had 6,158 restricted stock units (RSUs) vest and convert into 6,158 shares on 2026-02-01. Per the filing, 2,424 of those shares were withheld to satisfy tax withholding at $26.41/share, equal to $64,018; the net shares issued to him were 3,734. The RSUs converted at no exercise price (reported $0.00) — this is an award/vesting event, not an open-market purchase or discretionary sale.

Key Details

• Transaction date: 2026-02-01; Form 4 filed 2026-02-02 (appears timely).
• Conversion/award: 6,158 RSUs -> 6,158 shares (coded as derivative exercise/conversion, M) at $0.00 per share.
• Tax withholding: 2,424 shares withheld (code F) at $26.41/share for $64,018.
• Net shares received: 3,734 shares.
• Footnotes: F1 — RSUs vested on 02/01/2026 and vest ratably over three years; F2/F3 — shares withheld to cover required tax withholding (tandem withholding right); F4 — one share issued per RSU.
• Shares owned after the transaction: not specified in the provided excerpt of the Form 4.

Context
This was a routine equity award vesting with share withholding for taxes (common for RSU grants). The filing shows conversion of RSUs to common shares rather than an open-market sale or purchase. Tax-withholding dispositions do not necessarily indicate a change in an insider’s market view.