Insider Transaction Report for APA Corp.

Mark D. Maddox, Executive VP - Administration at APA Corp., reported a series of transactions on May 20, 2026. Maddox disposed of 9,800 shares of Common Stock at a weighted average price of $40.04 per share, with individual sales ranging from $40.00 to $40.16. Concurrently, Maddox acquired 15,500 Phantom Stock Units, each economically equivalent to one share of Common Stock, at a price of $39.32 per unit. These units are part of the company's non-qualified retirement plan and are payable in APA common stock or cash. The acquisition is noted as a discretionary transaction under Rule 16b-3(f), involving a participant-directed transfer into the APA common stock investment alternative. Following these transactions, Maddox holds 66,810.471 shares of Common Stock and 21,796.074 Phantom Stock Units.