APi Group (APG) SVP Louis Lambert gifts shares, details PSU and RSU holdings

Rhea-AI Filing Summary

APi Group Corp insider Louis Lambert, SVP, General Counsel & Secretary, reported a change in his holdings of the company’s common stock. On 12/17/2025, he disposed of 3,000 shares of common stock in a transaction coded “G” at a stated price of $0, indicating a gift. Following this transaction, he directly owns 6,519 shares of common stock and indirectly holds 953 shares through the company’s Profit Sharing & 401(k) Plan.

Lambert also reports various equity awards tied to APi Group’s common stock. These include performance stock units from 2023, 2024, and 2025 covering 33,626, 24,204, and 24,417 underlying shares, respectively, each with performance periods running through year-end 2025, 2026, and 2027. In addition, he holds restricted stock units covering 7,472, 10,758, and 16,278 shares that vest in equal annual installments on specified dates from February 2024 through March 2028.

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^*

Lambert Louis

(Last) (First) (Middle)

C/O API GROUP CORP

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)
	SVP, Gen Counsel & Secretary

3. Date of Earliest Transaction (Month/Day/Year)
12/17/2025

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	12/17/2025		G		3,000	D	$0	6,519	D
Common Stock								953	I	By 401(k) Plan(1)

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	(2)							(2)	(2)	Common Stock	33,626		33,626	D
Restricted Stock Units	(3)							(4)	(4)	Common Stock	7,472		7,472	D
Performance Stock Units	(5)							(5)	(5)	Common Stock	24,204		24,204	D
Restricted Stock Units	(3)							(6)	(6)	Common Stock	10,758		10,758	D
Performance Stock Units	(7)							(7)	(7)	Common Stock	24,417		24,417	D
Restricted Stock Units	(3)							(8)	(8)	Common Stock	16,278		16,278	D

Explanation of Responses:

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

2. 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 Reporting Person is voluntarily reporting the 2023 PSUs, which are not a derivative security.

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

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

5. 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 Reporting Person is voluntarily reporting the 2024 PSUs, which are not a derivative security.

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

7. 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.

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

Remarks:

	/s/ Louis Lambert	12/18/2025
	** 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).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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FAQ

What insider transaction did APi Group Corp (APG) report for Louis Lambert?

Louis Lambert, SVP, General Counsel & Secretary of APi Group Corp, reported a Form 4 transaction on 12/17/2025 involving the disposition of 3,000 shares of common stock in a transaction coded “G,” which indicates a gift at a stated price of $0 per share.

How many APi Group Corp (APG) shares does Louis Lambert own after the reported transaction?

After the reported gift of shares, Louis Lambert directly owns 6,519 shares of APi Group common stock and indirectly holds an additional 953 shares through the company’s Profit Sharing & 401(k) Plan.

What performance stock units (PSUs) were reported by the APi Group (APG) insider?

Louis Lambert reported performance stock units tied to APi Group common stock, including awards covering 33,626 shares for the 2023 PSUs, 24,204 shares for the 2024 PSUs, and 24,417 shares for the 2025 PSUs. Each award’s final share payout depends on performance over multi-year periods ending on December 31, 2025, December 31, 2026, and December 31, 2027, respectively.

What restricted stock units (RSUs) does the APi Group (APG) executive hold and when do they vest?

Louis Lambert holds restricted stock units representing 7,472, 10,758, and 16,278 underlying shares of APi Group common stock. These RSUs vest in equal installments on February 27, 2024, February 27, 2025, and February 27, 2026; on March 1, 2025, March 1, 2026, and March 1, 2027; and on March 1, 2026, March 1, 2027, and March 1, 2028, respectively.

What does transaction code "G" mean in Louis Lambert’s APi Group (APG) Form 4?

In this Form 4, the transaction in APi Group common stock is coded as “G”, which denotes a gift of 3,000 shares at a stated price of $0, rather than an open-market purchase or sale.

How are Louis Lambert’s 401(k) shares in APi Group (APG) reported?

The filing states that 953 shares of APi Group common stock are held in Louis Lambert’s account under the issuer’s Profit Sharing & 401(k) Plan, and these are reported as indirectly owned shares.