# EDGAR Filing Document

**Accession Number:** 0001841666
**File Stem:** 0002098624-25-000003
**Filing Date:** 2025-11
**Character Count:** 5548
**Document Hash:** de933528a17ff179ee329dd6b6a924a2
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0002098624-25-000003.hdr.sgml**: 20251128

**ACCESSION NUMBER**: 0002098624-25-000003

**CONFORMED SUBMISSION TYPE**: 3

**PUBLIC DOCUMENT COUNT**: 3

**CONFORMED PERIOD OF REPORT**: 20251115

**FILED AS OF DATE**: 20251128

**DATE AS OF CHANGE**: 20251128

**REPORTING-OWNER**: 

**OWNER DATA:**
- **COMPANY CONFORMED NAME:** Rayphole Robert P.
- **CENTRAL INDEX KEY:** 0002098624

**ORGANIZATION NAME:**

**FILING VALUES:**
- **FORM TYPE:** 3
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-40144
- **FILM NUMBER:** 251536400

**MAIL ADDRESS:**
- **STREET 1:** 2000 W SAM HOUSTON PKWY S
- **STREET 2:** SUITE 200
- **CITY:** HOUSTON
- **STATE:** TX
- **ZIP:** 77042
**ISSUER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** APA Corp
- **CENTRAL INDEX KEY:** 0001841666
- **STANDARD INDUSTRIAL CLASSIFICATION:** CRUDE PETROLEUM & NATURAL GAS [1311]
- **ORGANIZATION NAME:** 01 Energy & Transportation
- **EIN:** 861430562
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**BUSINESS ADDRESS:**
- **STREET 1:** 2000 W SAM HOUSTON PKWY S
- **STREET 2:** SUITE 200
- **CITY:** HOUSTON
- **STATE:** TX
- **ZIP:** 77042
- **BUSINESS PHONE:** 713.296.6000

**MAIL ADDRESS:**
- **STREET 1:** 2000 W SAM HOUSTON PKWY S
- **STREET 2:** SUITE 200
- **CITY:** HOUSTON
- **STATE:** TX
- **ZIP:** 77042

## Ex-24

![](rayphole2025001.jpg)

------

### UNITED STATES SECURITIES AND EXCHANGE COMMISSION
**Washington, D.C. 20549**

## FORM 3

### INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

[ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

---

| | | |
|:---|:---|:---|
| **1. Name and Address of Reporting Person**<sup>*</sup><br>Rayphole Robert P.<br><sub>(Last) (First) (Middle)</sub><br>2000 W SAM HOUSTON PKWY S<br>SUITE 200<br><sub>(Street)</sub><br>HOUSTON, TX 77042<br><sub>(City) (State) (Zip)</sub> | **3. Issuer Name and Ticker or Trading Symbol**<br>APA Corp [ APA ] | **5. If Amendment, Date of Original Filed (Month/Day/Year)**<br>  |
| **2. Date of Event Requiring Statement (Month/Day/Year)**<br>2025-11-15 | **4. Relationship of Reporting Person(s) to Issuer**<br>(Check all applicable)<br>[ ] Director   [ ] 10% Owner<br>[X] Officer (give title below)   [ ] Other (specify below)<br>_VP CAO & Controller_ | **6. Individual or Joint/Group Filing (Check Applicable Line)**<br>[X] Form filed by One Reporting Person<br>[ ] Form filed by More than One Reporting Person |

---

## Table I - Non-Derivative Securities Beneficially Owned

---

|  |  |  |  |
| --- | --- | --- | --- |
| 1. Title of Security | 2. Amount of Securities Beneficially Owned | 3. Ownership Form | 4. Nature of Indirect Beneficial Ownership |
| Common Stock | 16891 | D |  |
| Common Stock | 1488.57 | I | Held by Trustee NQ Plan |

---

## Table II - Derivative Securities Beneficially Owned

---

|  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- |
| 1. Title of Derivative Security | 2. Date Exercisable and Expiration Date (Month/Day/Year) | 2. Date Exercisable and Expiration Date (Month/Day/Year) | 3. Title and Amount of Underlying Securities | 3. Title and Amount of Underlying Securities | 4. Conversion or Exercise Price | 5. Ownership Form | 6. Nature of Indirect Beneficial Ownership |
| 1. Title of Derivative Security | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | 4. Conversion or Exercise Price | 5. Ownership Form | 6. Nature of Indirect Beneficial Ownership |
| Restricted Stock / Units<sup>(1)</sup> | <sup>(2)</sup> | <sup>(2)</sup> | Common Stock | 10850 | <sup>(3)</sup> | D |  |
| Option - Buy $41.24 | <sup>(4)</sup> | 2026-02-03 | Common Stock | 1894 | $41.24 | D |  |
| Option - Buy $63.25 | <sup>(4)</sup> | 2027-01-05 | Common Stock | 1014 | $63.25 | D |  |
| Option - Buy $46.27 | <sup>(4)</sup> | 2028-01-16 | Common Stock | 1567 | $46.27 | D |  |
| Option - Buy $23.68 | <sup>(5)</sup> | 2035-01-09 | Common Stock | 6390 | $23.68 | D |  |

---

### Footnotes:

(1) With tandem tax withholding right.

(2) Restricted stock units granted under the employer plan, which vest as follows: 720 shares vest on 1/4/2026; 880 shares vest on 1/4/2026 and may only be paid in cash; 1,853 shares vest ratably over two years beginning 1/8/2026; 2,265 shares vest ratably over two years beginning on 1/8/2026 and may only be paid in cash; 2,566 shares vest ratably over three years beginning 1/9/2026; and 2,566 shares vest ratably over three years beginning 1/9/2026 and may only be paid in cash.

(3) One share of APA common stock for each restricted stock unit.

(4) Fully exercisable.

(5) Stock options granted under employer plan. The options become exercisable ratably over three years beginning 1/9/2026.

**Signature:** Kyle W. Funderburk, Attorney-in-Fact for Robert P. Rayphole  
**Date:** 2025-11-28

### Remarks:

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.

* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).

** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.

**Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.**