APi Group (APG) files Form 144 to sell 250k shares via J.P. Morgan
Rhea-AI Filing Summary
APi Group Corporation (APG) submitted a Form 144 disclosing a proposed sale of 250,000 shares of common stock with an aggregate market value of $8,615,000. The sale is to be effected through J.P. Morgan Securities LLC on the NYSE with an approximate sale date of 08/11/2025.
The filing shows the shares were acquired by transfer: 190,000 shares to JTOO LLC
Positive
- Required disclosure provided: The Form 144 details the proposed sale amount, broker, exchange, and acquisition history.
- Brokered transaction: Sale is through J.P. Morgan Securities LLC, indicating an organized broker-handled sale.
- No recent sales reported: The filing states "Nothing to Report" for securities sold during the past three months.
Negative
- Seller identity not disclosed: The form does not specify the name of the person for whose account the securities are to be sold, reducing transparency.
- Shares originate from transfers: The securities were recorded as transfers to named entities and individuals rather than open-market purchases, which may require further disclosure elsewhere to clarify relationships.
Insights
TL;DR: Routine Form 144; 250,000 shares ($8.615M) is a very small portion of outstanding stock—likely neutral for market impact.
The notice discloses a proposed brokered sale of 250,000 common shares valued at $8,615,000 to be executed through J.P. Morgan on the NYSE. Against the reported 415,888,477 shares outstanding, the shares to be sold represent roughly 0.06% of the outstanding float based on the filing data. The form lists acquisition dates and transferees, and shows no recorded sales in the past three months, indicating this is a disclosed, planned transaction rather than recent market activity.
TL;DR: Form 144 provides required disclosure of a proposed sale but omits the named account holder, limiting context on insider involvement.
The filing includes the broker, exchange, share counts, acquisition dates, and transferees