APA Corp false 0001841666 0001841666 2024-10-24 2024-10-24

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

FORM 8-K

 

 

CURRENT REPORT

Pursuant to Section 13 OR 15(d)

of The Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): October 24, 2024

 

 

APA CORPORATION

(Exact name of registrant as specified in its charter)

 

 

 

Delaware   001-40144   86-1430562

(State or other jurisdiction

of incorporation)

  

(Commission

File Number)

  

(IRS Employer

Identification No.)

 

2000 W. Sam Houston Pkwy. S., Suite 200

Houston, Texas 77042-3643

(Address of principal executive offices) (Zip Code)

Registrant’s telephone number, including area code: (713) 296-6000

 

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

☐

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

☐

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

☐

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

☐

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

 

Title of each class

  

Trading
Symbol(s)

  

Name of each exchange

on which registered

Common Stock, $0.625 par value   APA   Nasdaq Global Select Market

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

 

 

 

Item 5.02.

Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On October 24, 2024, the board of directors (the “Board”) of APA Corporation (the “Company”) expanded the Board to eleven directors and appointed Kenneth M. Fisher as a new director of the Company’s Board. Mr. Fisher has been appointed to the Audit Committee and the Cybersecurity Committee of the Board.

For his service, Mr. Fisher will receive compensation that is commensurate with that received by the Company’s other non-employee directors. Such compensatory arrangements are described under the caption “Director Compensation” in the Company’s definitive proxy statement relating to its 2024 annual meeting of stockholders, which was filed with the Securities and Exchange Commission on April 12, 2024, and is incorporated by reference herein.

Other than as disclosed herein, no material plan, contract, or arrangement was entered into or materially amended, and there was no grant or award to Mr. Fisher or modification thereto under any such plan, contract, or arrangement, in connection with Mr. Fisher’s appointment. Mr. Fisher has (i) no arrangements or understandings with any other person pursuant to which he was selected as a director and (ii) no direct or indirect material interest in any transaction or series of similar transactions contemplated by Item 404(a) of Regulation S-K.

Mr. Fisher, 62, has served as Executive Vice President and Chief Financial Officer of ChampionX Corporation since February 1, 2021, having previously served as Executive Vice President and Chief Financial Officer of Noble Energy, Inc. until its acquisition by Chevron in October 2020. Mr. Fisher joined Noble Energy in 2009 as Senior Vice President and Chief Financial Officer. From 2016 until October 2020, he also served as Chair of the board of directors of Noble Midstream Partners. Prior to joining Noble Energy, he served in a number of senior leadership roles at Shell, including as Executive Vice President of Finance for Upstream Americas, Director of Strategy & Business Development for Royal Dutch Shell plc in The Hague, Executive Vice President of Strategy and Portfolio for Global Downstream in London, and Chief Financial Officer of Shell Oil Products U.S. Prior to joining Shell, Mr. Fisher held senior finance positions within business units of General Electric Company. Mr. Fisher also previously served on the ChampionX board of directors and was Chair of the Audit Committee until he became the company’s Executive Vice President and Chief Financial Officer on February 1, 2021.

 

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

    APA CORPORATION
Date: October 28, 2024     By:  

/s/ Rajesh Sharma

            Rajesh Sharma
            Corporate Secretary
v3.24.3
Document and Entity Information
Oct. 24, 2024
Cover [Abstract]  
Entity Registrant Name APA Corp
Amendment Flag false
Entity Central Index Key 0001841666
Document Type 8-K
Document Period End Date Oct. 24, 2024
Entity Incorporation State Country Code DE
Entity File Number 001-40144
Entity Tax Identification Number 86-1430562
Entity Address, Address Line One 2000 W. Sam Houston Pkwy. S.
Entity Address, Address Line Two Suite 200
Entity Address, City or Town Houston
Entity Address, State or Province TX
Entity Address, Postal Zip Code 77042-3643
City Area Code (713)
Local Phone Number 296-6000
Written Communications false
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Pre Commencement Tender Offer false
Pre Commencement Issuer Tender Offer false
Security 12b Title Common Stock, $0.625 par value
Trading Symbol APA
Security Exchange Name NASDAQ
Entity Emerging Growth Company false
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