Derivative exercise or conversion — not an open-market buy.
Written from the filing's own figures. OQRO describes what was reported and never tells you what to buy or sell
View the official recordSEC Form 4 — Statement of Changes in Beneficial OwnershipAll the details
Dates, kept separate
Transaction date
Dec 31, 2025
Reporting period
Not applicable
Filed with the SEC
Jan 6, 2026
DirectorOption exercise
Context
Classification
option exercise
Code M — exercise or conversion of a derivative security
Planned / mechanical clue
None found in footnotes
Only flagged when a footnote says so; never inferred
Source receipt
Record ID
0001360666-26-000002
Filed / recorded
Jan 6, 2026, 2:08 AM UTC
Added to OQRO
Oct 2, 2026, 12:27 PM UTC
Parser
form4-xml-v1
Data quality
Verified: identifiers matched exactly
Issuer
APA Corp
Issuer CIK
1841666
Ticker
APA
Reporting person
Peter A Ragauss
Relationship
Director
Security
Phantom Stock Units
Table
Derivative (Table II)
Transaction date
Dec 31, 2025
Transaction code
M
Shares / units
2,044
Price per share
$0.00
Acquired / disposed
Acquired (A)
Shares owned after
97,654
Ownership form
Direct
Amendment
No
Footnotes from the filing
One share of APA common stock for each phantom stock unit.
Exempt acquisition pursuant to Rule 16b-3(d) - accrued under the deferred compensation provisions of APA's Outside Directors' Deferral Program.
Includes 988 phantom stock units accrued under the deferred compensation provisions of APA's Outside Directors' Deferral Program attributable to dividends paid on APA common stock.