---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-003557"
form_type: "8-K"
ticker: "APA"
cik: "0001841666"
company_name: "APA Corp"
filed_at: "2023-01-06T23:59:59+00:00"
generated_at: "2026-06-20T18:59:09.187761+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.4
calibrated_materiality_score: 0.4
confidence: "high"
source: SEC EDGAR
---

# APA Corp adopts 2023 Performance Share Program with ESG and TSR metrics

## Summary
- New program weights: Relative TSR 40%, Cash Return on Invested Capital 40%, GHG intensity reduction 10%, biodiversity reclamation 10%.
- Performance period runs Jan 1, 2023 to Dec 31, 2025; vesting begins after period with 50% on first trading day, remainder one year later.
- GHG metric measures three-year intensity reduction vs. baseline using country-specific calculation standards.
- Biodiversity metric tracks reclamation activity that enhances biodiversity in the U.S. over the performance period.
- Awards are cash-settled RSUs under the 2016 Omnibus Compensation Plan; include Dividend Equivalents and clawback provisions.

## SEC filing metadata
- accession: 0001193125-23-003557
- form_type: 8-K
- ticker: APA
- cik: 0001841666
- company_name: APA Corp
- filed_at: 2023-01-06T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.4
- calibrated_materiality_score: 0.4
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1841666/000119312523003557/0001193125-23-003557-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1841666/000119312523003557/d447422d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-003557
- JSON: https://secwatch.observer/filing/0001193125-23-003557.json
- Plain text: https://secwatch.observer/filing/0001193125-23-003557.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.