secwatch.observer — SEC 8-K summary
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Issuer:     APA Corp (APA)
CIK:        0001841666
Form:       8-K
Filed at:   2025-01-10T23:59:59+00:00
Accession:  0001193125-25-004197
Event type: other_material
Sentiment:  neutral
Materiality: 0.15
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

APA Corp approves 2025 executive LTI awards with TSR/CROIC metrics
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- Committee approved new Performance Share Program (60% relative TSR, 40% CROIC) and Stock Option Award forms.
- Performance shares vest based on three-year TSR peer ranking and cash return on invested capital.
- Stock option agreement updates definition of Involuntary Termination and mirrors 2018 form.
- Awards made under 2016 Omnibus Compensation Plan; no changes to base salary or target percentages disclosed.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1841666/000119312525004197/0001193125-25-004197-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1841666/000119312525004197/d836159d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-25-004197

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