APi Group (APG) CEO reports RSU conversions and tax share withholdings
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
APi Group Corp director and President & CEO Russell A. Becker reported equity compensation activity, mainly exercises of restricted stock units into common stock and related tax withholding.
On February 27, 2026, restricted stock units covering 48,677 shares of common stock were converted at $0.0000 per share, and 23,950 common shares were disposed of at $44.4600 per share to satisfy tax liability. On March 1, 2026, additional restricted stock units covering 33,446 and 32,709 shares were converted to common stock at $0.0000 per share, with 32,549 common shares disposed of at $44.4600 per share for taxes.
The filing also reports holdings of performance stock units with performance periods from January 1, 2024–December 31, 2026, January 1, 2025–December 31, 2027, and January 1, 2026–December 31, 2028, as well as indirect common stock ownership through a spouse, several trusts, and a 401(k) plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
114,832 shares exercised/converted
Mixed
20 txns
Insider
Becker Russell A.
Role
President and CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 33,446 | $0.00 | -- |
| Exercise | Restricted Stock Units | 32,709 | $0.00 | -- |
| Exercise | Common Stock | 33,446 | $0.00 | -- |
| Exercise | Common Stock | 32,709 | $0.00 | -- |
| Tax Withholding | Common Stock | 32,549 | $44.46 | $1.45M |
| Exercise | Restricted Stock Units | 48,677 | $0.00 | -- |
| Exercise | Common Stock | 48,677 | $0.00 | -- |
| Tax Withholding | Common Stock | 23,950 | $44.46 | $1.06M |
| holding | Performance Stock Units | -- | -- | -- |
| holding | Performance Stock Units | -- | -- | -- |
| holding | Performance Stock Units | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 33,446 shares (Direct);
Common Stock — 2,483,872 shares (Direct);
Performance Stock Units — 150,504 shares (Direct);
Common Stock — 196,425 shares (Indirect, By Spouse)
Footnotes (1)
- Shares withheld for tax liability. The securities are held by the Russell A. Becker GST Trust dated November 30, 2020 (the "GST Trust"). Mr. Becker's spouse is the trustee of the GST Trust and Mr. Becker may be considered to have beneficial ownership of the GST Trust's interests in the Issuer. Mr. Becker disclaims beneficial ownership of any shares in which he does not have a pecuniary interest. The securities are held by the Patricia L. Becker Legacy Trust dated December 21, 2020 (the "Legacy Trust"). Mr. Becker is the trustee of the Legacy Trust and Mr. Becker may be considered to have beneficial ownership of the Legacy Trust's interests in the Issuer. Mr. Becker disclaims beneficial ownership of any shares in which he does not have a pecuniary interest. The securities are held by the Russell A. Becker 2016 Family Trust (the "Family Trust"). Mr. Becker's spouse is the trustee of the Family Trust and Mr. Becker may be considered to have beneficial ownership of the Family Trust's interests in the Issuer. Mr. Becker disclaims beneficial ownership of any shares in which he does not have a pecuniary interest. These shares are held in the Reporting Person's account under the Issuer's Profit Sharing & 401(k) Plan. Each restricted stock unit represents a contingent right to receive one share of the Issuer's Common Stock. These restricted stock units vest in equal installments on February 27, 2024, February 27, 2025, and February 27, 2026. These restricted stock units vest in equal installments on March 1, 2025, March 1, 2026, and March 1, 2027. These restricted stock units vest in equal installments on March 1, 2026, March 1, 2027, and March 1, 2028. 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. 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. 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. These restricted stock units vest in equal installments on March 1, 2027, March 1, 2028, and March 1, 2029.
FAQ
What insider transactions did APG CEO Russell A. Becker report on this Form 4?
Russell A. Becker reported exercises of restricted stock units into common stock and related tax-withholding share dispositions. Activity occurred on February 27, 2026 and March 1, 2026, reflecting routine equity compensation events rather than open-market purchases or sales.
What performance stock units does APG’s CEO hold according to this Form 4?
The Form 4 reports performance stock unit awards with performance periods from 2024–2026, 2025–2027, and 2026–2028. The number of common shares ultimately earned will increase or decrease based on performance conditions over each defined multi-year period.
How are APG restricted stock units described in the CEO’s Form 4?
Each restricted stock unit represents a contingent right to receive one share of APi Group’s common stock. Footnotes explain that these units vest in equal installments on specific future dates, including February 27 and March 1 in successive years through 2029.