APi Group (APG) Files Form 144 for 1,200,000-Share Sale via Merrill Lynch

Rhea-AI Filing Summary

APi Group Corporation (APG) filed a Form 144 disclosing a proposed sale of 1,200,000 shares of common stock through Merrill Lynch on the NYSE, with an aggregate market value of $41,567,614.80 and approximately 415,888,477 shares outstanding. The shares were acquired as partnership distributions from API Group Corp on 10/05/2017 (951,025 shares) and 10/02/2019 (248,975 shares). The notice states there were no sales in the past three months and includes the required representation that the seller has no undisclosed material information.

Positive

• Full disclosure of sale details including broker, number of shares, aggregate market value, and planned sale date
• Clear provenance of shares with acquisition dates and amounts from partnership distributions (10/05/2017 and 10/02/2019)
• No sales in past three months reported, indicating this is the current disclosed liquidity event

Negative

• Sizeable proposed sale: 1,200,000 shares with an aggregate market value of $41,567,614.80 could be material to trading supply

Insights

Securities Analyst

TL;DR: Large block sale disclosed: 1.2M shares valued at $41.6M via Merrill Lynch may affect supply dynamics.

The filing is a standard Rule 144 notice reporting a proposed sale of 1,200,000 common shares on 09/02/2025 with an aggregate market value of $41,567,614.80. Acquisition dates and amounts are provided, showing the shares originated from partnership distributions in 2017 and 2019. There were no reported sales in the prior three months, which suggests this filing is the primary near-term liquidity event disclosed by the seller. For investors, the key takeaways are the size and timing of the proposed sale and the broker handling the transaction.

Corporate Governance Expert

TL;DR: The filer complied with Rule 144 disclosure requirements and certified absence of undisclosed material information.

The notice includes required identification of the securities, broker

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	Merrill Lynch 701 Brickell Ave Floor 10 Miami FL 33131	1200000	41567614.80	415888477	09/02/2025	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	10/05/2017	Partnership Distribution	API Group Corp			951025	10/05/2017	Partnership Distribution
Common	10/02/2019	Partnership Distribution	API Group Corp			248975	10/02/2019	Partnership Distribution

* 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 did APG disclose in the Form 144?

APG disclosed a proposed sale of 1,200,000 common shares through Merrill Lynch on the NYSE with an aggregate market value of $41,567,614.80.

When is the proposed sale scheduled to occur for APG shares?

The approximate date of sale is 09/02/2025 as stated in the filing.

How were the shares being sold by APG acquired?

The shares were acquired via partnership distributions from API Group Corp on 10/05/2017 (951,025 shares) and 10/02/2019 (248,975 shares).

Were there any APG share sales in the past three months reported?

No. The filing states 'Nothing to Report' for securities sold during the past three months.

Which broker is handling the proposed APG sale?

Merrill Lynch (701 Brickell Ave Floor 10 Miami FL 33131) is listed as the broker for the transaction.