APi Group (APG) CFO reports new PSU, RSU grants and tax shares

Rhea-AI Filing Summary

APi Group Corp EVP & CFO Glenn David Jackola reported multiple equity compensation moves on February 24, 2026. He received 29,340 performance stock units and 19,560 restricted stock units at no cost, and exercised 9,608 performance stock units into 17,862 shares of common stock. To cover tax obligations, 7,886 common shares were withheld at $44.99 per share. After these transactions, he directly held 26,831 shares of common stock plus various outstanding PSU and RSU awards, and indirectly held 1,557 shares through the company’s 401(k) plan.

SEC Form 4

FORM 4

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

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

JACKOLA GLENN DAVID

(Last) (First) (Middle)

C/O API GROUP, INC.

1100 OLD HIGHWAY 8 NW

(Street)

NEW BRIGHTON MN 55112

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
APi Group Corp [ APG ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	EVP & Chief Financial Officer

3. Date of Earliest Transaction (Month/Day/Year)
02/24/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	02/24/2026		M		17,862(1)	A	$0	34,717	D
Common Stock	02/24/2026		F		7,886(2)	D	$44.99	26,831	D
Common Stock								1,557	I	By 401(k) Plan(3)

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Performance Stock Units	(4)	02/24/2026		A		29,340		(4)	(4)	Common Stock	29,340	$0	29,340	D
Restricted Stock Units	(5)	02/24/2026		A		19,560		(6)	(6)	Common Stock	19,560	$0	19,560	D
Performance Stock Units	(7)	02/24/2026		M			9,608	(7)	(7)	Common Stock	9,608	$0	0	D
Restricted Stock Units	(5)							(8)	(8)	Common Stock	2,135		2,135	D
Performance Stock Units	(9)							(9)	(9)	Common Stock	6,288		6,288	D
Restricted Stock Units	(5)							(10)	(10)	Common Stock	2,795		2,795	D
Restricted Stock Units	(5)							(11)	(11)	Common Stock	13,235		13,235	D
Performance Stock Units	(12)							(12)	(12)	Common Stock	5,739		5,739	D
Restricted Stock Units	(5)							(13)	(13)	Common Stock	3,827		3,827	D
Performance Stock Units	(14)							(14)	(14)	Common Stock	39,086		39,086	D
Restricted Stock Units	(5)							(15)	(15)	Common Stock	26,057		26,057	D

Explanation of Responses:

1. The number of shares of the Issuer's Common Stock were acquired pursuant to the settlement of a performance share unit award (the "2023 PSUs"). The number of shares of Common Stock that were earned at the end of the performance period was increased based on results of the performance condition.

2. Shares withheld for tax liability.

3. These shares are held in the Reporting Person's account under the Issuer's Profit Sharing & 401(k) Plan.

4. Represents an award of performance stock units (the "2026 PSUs"). The 2026 PSUs will have a performance period beginning January 1, 2026 and ending December 31, 2028. The number of shares of the Issuer's Common Stock that will be earned at the end of the performance period is subject to increase or decrease based on results of the performance condition. The Reporting Person is voluntarily reporting the 2026 PSUs, which are not a derivative security.

5. Each restricted stock unit represents a contingent right to receive one share of the Issuer's Common Stock.

6. These restricted stock units vest in equal installments on March 1, 2027, March 1, 2028, and March 1, 2029.

7. Represents an award of performance stock units (the "2023 PSUs"). The 2023 PSUs will have a performance period beginning January 1, 2023 and ending December 31, 2025. The number of shares of the Issuer's Common Stock that will be earned at the end of the performance period is subject to increase or decrease based on results of the performance condition. The 2023 PSUs are not a derivative security, however the Reporting Person is voluntarily reporting the ownership of the 2023 PSUs.

8. These restricted stock units vest in equal installments on February 27, 2024, February 27, 2025, and February 27, 2026.

9. Represents an award of performance stock units (the "2024 PSUs"). The 2024 PSUs will have a performance period beginning January 1, 2024 and ending December 31, 2026. The number of shares of the Issuer's Common Stock that will be earned at the end of the performance period is subject to increase or decrease based on results of the performance condition. The 2024 PSUs are not a derivative security, however the Reporting Person is voluntarily reporting the ownership of the 2024 PSUs.

10. These restricted stock units vest in equal installments on March 1, 2025, March 1, 2026, and March 1, 2027.

11. These restricted stock units vest in three equal installments on December 1, 2025, December 1, 2026 and December 1, 2027.

12. Represents an award of performance stock units (the "2025 PSUs"). The 2025 PSUs will have a performance period beginning January 1, 2025 and ending December 31, 2027. The number of shares of the Issuer's Common Stock that will be earned at the end of the performance period is subject to increase or decrease based on results of the performance condition. The Reporting Person is voluntarily reporting the 2025 PSUs, which are not a derivative security.

13. These restricted stock units vest in equal installments on March 1, 2026, March 1, 2027, and March 1, 2028.

14. Represents an award of performance stock units (the "3-28-2025 PSUs"). The 3-28-2025 PSUs will have a performance period beginning January 1, 2025 and ending December 31, 2027. The number of shares of the Issuer's Common Stock that will be earned at the end of the performance period is subject to increase or decrease based on results of the performance condition. The Reporting Person is voluntarily reporting the 3-28-2025 PSUs, which are not a derivative security.

15. These restricted stock units vest in equal installments on March 1, 2026, March 1, 2027, and March 1, 2028

Remarks:

	/s/ Louis B. Lambert, Attorney-in-Fact	02/26/2026
	** Signature of Reporting Person	Date
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).
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FAQ

What did APi Group (APG) CFO Glenn David Jackola report on this Form 4?

Glenn David Jackola reported new equity awards, an exercise of performance stock units, and related tax-withholding. The filing shows grants of performance and restricted stock units, conversion of units into common shares, and shares withheld to satisfy tax obligations, plus updated direct and indirect share holdings.

How many new performance and restricted stock units did APG grant to its CFO?

APi Group granted Glenn David Jackola 29,340 performance stock units and 19,560 restricted stock units. These awards were issued at no cash cost and represent future rights to receive common shares, subject to multi‑year performance and vesting schedules described in the accompanying footnotes.

Did the APG CFO buy or sell common stock in the open market?

The Form 4 does not show open‑market buying or selling. Instead, common shares were acquired through the exercise of performance stock units, and some shares were disposed of only to cover tax liabilities, using share withholding at a stated price of $44.99 per share.

How many APi Group common shares were involved in the tax-withholding transaction?

The filing reports that 7,886 shares of APi Group common stock were withheld to cover tax liabilities. These shares were valued at $44.99 each for this purpose, reducing the number of shares the CFO retained directly after exercising performance stock units into common stock.

What are the APG CFO’s direct and indirect common stock holdings after these transactions?

After the reported transactions, Glenn David Jackola directly held 26,831 shares of APi Group common stock. He also indirectly held 1,557 additional shares through his account in the company’s Profit Sharing & 401(k) Plan, as detailed in one of the Form 4 footnotes.

How do the performance stock units for APG’s CFO work over time?

The performance stock units cover multi‑year performance periods ending between 2025 and 2028. The eventual number of common shares earned can increase or decrease based on performance conditions, with awards such as the 2023, 2024, 2025 and 2026 PSU grants described in the detailed footnotes.

What vesting schedules apply to the APG CFO’s restricted stock units?

The restricted stock units generally vest in equal annual installments over three years on specified dates, such as March 1 or December 1 in future years. Each vested restricted stock unit converts into one share of APi Group common stock, according to the footnote explanations in the filing.