Maddox Mark D 4

What Happened
Mark D. Maddox, Executive VP — Administration at APA Corp (APA), was granted 35.864 phantom stock units on 2026-02-27. The units are recorded at $29.10 each for a total economic value of $1,044. The award is a derivative grant (phantom stock), not an open‑market purchase or sale.

Key Details

• Transaction date: 2026-02-27; Filing date: 2026-03-03 (Form 4) — filing appears timely.
• Grant type/code: A (award/grant); derivative award of phantom stock units.
• Units granted: 35.864 phantom stock units at $29.10 per unit; total value listed $1,044.
• Shares owned after transaction: not specified in the filing.
• Footnote: Each phantom stock unit equals the economic value of one share of APA common stock and is payable, at the participant's election, in APA common stock or cash under the company’s non‑qualified retirement plan.

Context
Phantom stock units are a form of deferred compensation that track the value of the company’s shares; they do not represent immediate share ownership unless/until paid out in stock. Such grants are routine executive compensation and do not, by themselves, indicate buying or selling sentiment.