APi Group director reports RSUs and trust transfer
APi Group Corp director Ian G.H.
Rhea-AI Filing Summary
APi Group Corp director Ian G.H. Ashken reported equity compensation and related trust transfers. On May 16, 2026, 4,740 of his restricted stock units settled into an equal number of Common Stock shares, which were then transferred to The Ian G.H. Ashken Living Trust, where he is trustee and beneficiary.
On May 15, 2026, he received a grant of 4,047 restricted stock units, each representing a contingent right to one Common Stock share, vesting on May 15, 2027, subject to his continuous service. The filing also details sizeable indirect holdings of Common Stock and Series A Preferred Stock through the Ashken Investment Trust and Mariposa Acquisition IV, LLC, with the preferred shares convertible into Common Stock on a one-for-one basis.
Positive
- None.
Negative
- None.
Insider Trade Summary
4,740 shares exercised/converted
Exercise
7 txns
Insider
ASHKEN IAN G H
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 4,740 | $0.00 | $0.00 |
| Exercise | Common Stock | 4,740 | $0.00 | $0.00 |
| Grant/Award | Restricted Stock Units | 4,047 | $0.00 | $0.00 |
| holding | Series A Preferred Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 4,047 contracts (Direct);
Common Stock — 58,470 shares (Indirect, By Ian G.H. Ashken Living Trust);
Series A Preferred Stock — 1,152,000 contracts (Indirect, By Mariposa Acquisition IV, LLC);
Common Stock — 15,552 shares (Indirect, By Mariposa Acquisition IV, LLC);
Common Stock — 9,477,284 shares (Indirect, by Nancy and Ian Ashken Investment Trust LLLP);
Common Stock — 300,000 shares (Indirect, See footnote)
Footnotes (10)
- F1. On May 16, 2026, 4,740 of the Reporting Person's restricted stock units were settled for an equal number of shares of the Issuer's Common Stock.
- F2. Following the vesting of the Reporting Person's restricted stock units, the Reporting Person transferred 4,740 shares of the Issuer's Common Stock to The Ian G.H. Ashken Living Trust, of which Mr. Ashken is the trustee and beneficiary, in an exempt transaction pursuant to Rule 16a-13 under the Securities Exchange Act of 1934, as amended.
- F3. The shares of Common Stock reported herein are held directly by the Ashken Trust, of which Mr. Ashken is the trustee and beneficiary. Mr. Ashken disclaims beneficial ownership of any shares except to the extent of his pecuniary interest therein.
- F4. The shares of Common Stock and Series A Preferred Stock are held directly by Mariposa Acquisition IV, LLC. The Nancy and Ian Ashken Investment Trust LLLP (the "Ashken Investment Trust"), the general partner of which is wholly-owned by The Ian G.H. Ashken Living Trust (the "Ashken Trust"), of which Mr. Ashken is the trustee and beneficiary, holds a limited liability company interest in Mariposa Acquisition IV, LLC and, as a result, may be deemed to have a pecuniary interest in 15,552 shares of Common Stock and 1,152,000 shares of Series A Preferred Stock held by Mariposa Acquisition IV, LLC. Mr. Ashken disclaims beneficial ownership of any shares except to the extent of his pecuniary interest therein.
- F5. The shares of Common Stock reported herein are held directly by the Ashken Investment Trust , the general partner of which is wholly-owned by the Ashken Trust, of which Mr. Ashken is the trustee and beneficiary. Mr. Ashken disclaims beneficial ownership of any shares except to the extent of his pecuniary interest therein.
- F6. Held jointly in an account by the Ashken Trust and the Nancy K. Ashken Living Trust.
- F7. Each restricted stock unit represents a contingent right to receive one share of the Issuer's Common Stock.
- F8. These restricted stock units vest on May 15, 2027, which is the one-year anniversary of the grant date, subject to the Reporting Person's continuous service with the Issuer as of the vesting date.
- F9. These restricted stock units vest on May 16, 2026, which is the one-year anniversary of the grant date, subject to the Reporting Person's continuous service with the Issuer as of the vesting date.
- F10. The Series A Preferred Stock is convertible at any time at the election of the holder, on a one-for-one basis, into shares of Common Stock for no additional consideration. The Series A Preferred Stock shall automatically convert into Common Stock on the last day of the seventh full financial year of the Issuer following October 1, 2019 (or if such date is not a trading day, the first trading day immediately following such date).
Key Figures
RSUs settled: 4,740 units
New RSU grant: 4,047 units
Trust Common Stock holding: 58,470 shares
+4 more
7 metrics
RSUs settled
4,740 units
Settled into 4,740 Common Stock shares on May 16, 2026
New RSU grant
4,047 units
Granted May 15, 2026, vesting May 15, 2027
Trust Common Stock holding
58,470 shares
Common Stock held by Ian G.H. Ashken Living Trust after RSU settlement
Investment Trust Common Stock
9,477,284 shares
Common Stock held indirectly by Nancy and Ian Ashken Investment Trust LLLP
Mariposa Common Stock
15,552 shares
Common Stock held indirectly by Mariposa Acquisition IV, LLC
Series A Preferred Stock
1,152,000 shares
Convertible one-for-one into Common Stock, held via Mariposa Acquisition IV, LLC
Derivative exercises
4,740 shares
Exercise/conversion of derivative security per transaction summary
Key Terms
restricted stock units, Rule 16a-13, pecuniary interest, Series A Preferred Stock, +2 more
6 terms
restricted stock units financial
"4,740 of the Reporting Person's restricted stock units were settled for an equal number of shares"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Rule 16a-13 regulatory
"in an exempt transaction pursuant to Rule 16a-13 under the Securities Exchange Act of 1934"
pecuniary interest financial
"Mr. Ashken disclaims beneficial ownership of any shares except to the extent of his pecuniary interest therein"
Series A Preferred Stock financial
"The shares of Common Stock and Series A Preferred Stock are held directly by Mariposa Acquisition IV, LLC"
Series A preferred stock is a type of ownership share in a company that gives investors certain advantages, such as priority in receiving profits or getting their money back if the company is sold or goes bankrupt. It is often issued during early funding stages to attract investors by offering more security than common shares. This stock matters to investors because it provides a safer way to invest while still holding potential for future gains.
convertible financial
"The Series A Preferred Stock is convertible at any time at the election of the holder"
A convertible is a type of investment that starts as a loan or preferred stake (like a bond or preferred share) but can be exchanged for common shares of the company at a set price or under certain conditions. It matters to investors because it offers a mix of steady income and downside protection like a loan, plus the upside of stock ownership if the company does well—similar to holding a coupon that you can trade for a full ticket if the event becomes valuable.
contingent right financial
"Each restricted stock unit represents a contingent right to receive one share of the Issuer's Common Stock"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What equity compensation did APi Group (APG) director Ian G.H. Ashken receive?
Ian G.H. Ashken received a grant of 4,047 restricted stock units on May 15, 2026. Each unit represents a right to one APi Group Common Stock share, subject to vesting conditions tied to his continued service.
When do Ian G.H. Ashken’s new APi Group restricted stock units vest?
The 4,047 restricted stock units granted on May 15, 2026 vest on May 15, 2027. Vesting is conditioned on Ashken’s continuous service with APi Group through that date, as outlined in the Form 4 footnotes.
What happened to the 4,740 APi Group restricted stock units that vested for Ian G.H. Ashken?
On May 16, 2026, 4,740 restricted stock units settled into 4,740 APi Group Common Stock shares. Those shares were then transferred to The Ian G.H. Ashken Living Trust in an exempt transaction under Rule 16a-13.
Does the APi Group Form 4 show any open-market buying or selling by Ian G.H. Ashken?
The Form 4 highlights equity grants, RSU settlement, and transfers to trusts, not open-market purchases or sales. Transactions are described as exercises/conversions and exempt transfers under Rule 16a-13, along with updated indirect holdings.
AI-generated analysis. How Rhea-AI works. Not financial advice.
