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 (acquired 10/02/2019), 50,000 shares to James Lillie and Lisa Sheffield (acquired 10/02/2019), and 10,000 shares to Lillie Family Foundation (acquired 10/10/2017); each entry notes the securities were indirectly acquired directly from the issuer. The form reports 415,888,477 shares outstanding and indicates "Nothing to Report" for sales during the past three months. The filing does not supply the name of the person for whose account the securities will be sold.

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

Financial Analyst

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.

Corporate Governance Expert

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 (JTOO LLC, James Lillie and Lisa Sheffield, Lillie Family Foundation). However, the field for the person for whose account the securities are to be sold is not populated, which constrains transparency about the seller's identity and relationship to the issuer based on this document alone.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common Stock	J.P. Morgan Securities LLC 390 Madison Avenue, 6th Floor New York NY 10017	250000	8615000	415888477	08/11/2025	NYSE

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common Stock	10/02/2019	Transfer to JTOO LLC	Indirectly acquired directly from Issuer			190000	10/02/2019	N/A
Common Stock	10/02/2019	Transfer to James Lillie and Lisa Sheffield	Indirectly acquired directly from Issuer			50000	10/02/2019	N/A
Common Stock	10/10/2017	Transfer to Lillie Family Foundation	Indirectly acquired directly from Issuer			10000	10/10/2017	N/A

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Nothing to Report

144: Remarks and Signature

Remarks

Date of Notice

Date of Plan Adoption or Giving of Instruction, If Relying on Rule 10b5-1

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What does the APG Form 144 disclose?

The filing discloses a proposed sale of 250,000 common shares of APi Group valued at $8,615,000 to be sold through J.P. Morgan on the NYSE with an approximate sale date of 08/11/2025.

Who is the broker handling the proposed APG sale?

J.P. Morgan Securities LLC (390 Madison Avenue, 6th Floor, New York, NY 10017) is listed as the broker.

How many APG shares are outstanding according to the filing?

The filing reports 415,888,477 shares outstanding.

Were any APG securities sold in the past three months?

The Form 144 states "Nothing to Report" for securities sold during the past three months.

What is the acquisition history of the shares to be sold?

The filing lists acquisitions by transfer: 190,000 shares to JTOO LLC (acquired 10/02/2019), 50,000 shares to James Lillie and Lisa Sheffield (acquired 10/02/2019), and 10,000 shares to Lillie Family Foundation (acquired 10/10/2017).