APi Group (APG) director details stock dividend, trust distributions and holdings
Rhea-AI Filing Summary
APi Group Corp director reports stock dividend, transfers, and trust holdings. A holder of the company’s Series A Preferred Stock received a stock dividend of 2,913,565 shares of common stock on 12/31/2025, based on the market price over the last ten days of the year. On 01/02/2026, 9,979 common shares were transferred to employees of an affiliate for services, and 2,893,117 shares were distributed pro rata from Mariposa Acquisition IV, LLC to the Nancy and Ian Ashken Investment Trust LLLP. After these transactions, indirect holdings include 15,552 common shares through Mariposa Acquisition IV, LLC, 10,861,284 common shares through the Ashken Investment Trust, 53,730 common shares through the Ian G.H. Ashken Living Trust, and 300,000 common shares held jointly with the Nancy K. Ashken Living Trust. The reporting person also has 1,152,000 shares of Series A Preferred Stock, convertible into an equal number of common shares, and restricted stock units tied one-for-one to common stock that vest on May 16, 2026.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Common Stock | 9,979 | $38.97 | $389K |
| Other | Common Stock | 2,893,117 | $0.00 | -- |
| Other | Common Stock | 2,893,117 | $0.00 | -- |
| Grant/Award | Common Stock | 2,913,565 | $0.00 | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Series A Preferred Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- Represents a stock dividend on shares of Series A Preferred Stock of the Issuer. The holder of Series A Preferred Stock of the Issuer is entitled to receive an annual stock dividend based on the market price of the Issuer's Common Stock for the last ten days of the calendar year. The shares of Common Stock (prior to the transactions described in footnotes 3 and 4) 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 2,918,648 shares of Common Stock (prior to the transactions described in footnotes 3 and 4) 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. Represents a transfer to employees of an affiliate of Mariposa Acquisition IV, LLC for services provided. Represents a pro rata distribution from Mariposa Acquisition IV, LLC to the Ashken Investment Trust. 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. 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. Held jointly in an account by the Ashken Trust and the Nancy K. Ashken Living Trust. Each restricted stock unit represents a contingent right to receive one share of the Issuer's Common Stock. 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. 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).
FAQ
What insider activity did APi Group Corp (APG) disclose in this filing?
The filing reports a stock dividend on Series A Preferred Stock, a transfer of 9,979 common shares to employees of an affiliate for services, and a pro rata distribution of 2,893,117 common shares from Mariposa Acquisition IV, LLC to the Nancy and Ian Ashken Investment Trust LLLP, along with updated indirect share holdings across several Ashken-related entities.
What are the key indirect ownership positions reported for APi Group (APG)?
After the reported transactions, indirect holdings include 15,552 common shares through Mariposa Acquisition IV, LLC, 10,861,284 common shares through the Nancy and Ian Ashken Investment Trust LLLP, 53,730 common shares through the Ian G.H. Ashken Living Trust, and 300,000 common shares held jointly by the Ashken Trust and the Nancy K. Ashken Living Trust.
What is the status of the Series A Preferred Stock for APi Group (APG)?
The filing shows 1,152,000 shares of Series A Preferred Stock held indirectly through Mariposa Acquisition IV, LLC. This Series A Preferred Stock is convertible at any time at the holder’s election, on a one-for-one basis, into shares of common stock for no additional consideration, and will automatically convert on the last day of the seventh full financial year of the issuer following October 1, 2019 (or the next trading day).