APi Group (NYSE: APG) SVP reports RSU exercises and tax share withholdings

Rhea-AI Filing Summary

APi Group Corp senior vice president and chief people officer Kristina M. Morton reported multiple equity compensation transactions. On February 27 and March 1, 2026, she exercised restricted stock units that converted into shares of common stock at no cash cost, increasing her direct holdings.

On those same dates, a portion of the newly issued common shares was withheld to cover tax liabilities, with dispositions reported at a price of $44.46 per share. Morton also reported awards of performance stock units for performance periods running from 2024–2026, 2025–2027, and 2026–2028, as well as common stock held through the company’s profit sharing and 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^*

MORTON KRISTINA M

(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 and Chief People Officer

3. Date of Earliest Transaction (Month/Day/Year)
02/27/2026

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	02/27/2026		M		6,084	A	$0	110,525	D
Common Stock	02/27/2026		F		2,872(1)	D	$44.46	107,653	D
Common Stock	03/01/2026		M		4,418	A	$0	112,071	D
Common Stock	03/01/2026		M		4,714	A	$0	116,785	D
Common Stock	03/01/2026		F		4,312(1)	D	$44.46	112,473	D
Common Stock								953	I	By 401(k) Plan(2)

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
Restricted Stock Units	(3)	02/27/2026		M			6,084	(4)	(4)	Common Stock	6,084	$0	0	D
Restricted Stock Units	(3)	03/01/2026		M			4,418	(5)	(5)	Common Stock	4,418	$0	4,418	D
Restricted Stock Units	(3)	03/01/2026		M			4,714	(6)	(6)	Common Stock	4,714	$0	9,427	D
Performance Stock Units	(7)							(7)	(7)	Common Stock	19,880		19,880	D
Performance Stock Units	(8)							(8)	(8)	Common Stock	21,210		21,210	D
Performance Stock Units	(9)							(9)	(9)	Common Stock	14,004		14,004	D
Restricted Stock Units	(3)							(10)	(10)	Common Stock	9,336		9,336	D

Explanation of Responses:

1. Shares withheld for tax liability.

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

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

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

7. 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 and to the extent earned will vest 100% on 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.

8. 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.

9. 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.

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

Remarks:

	/s/ Louis B. Lambert, Attorney-in-Fact	03/03/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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FAQ

What insider transactions did APi Group (APG) report for Kristina M. Morton?

Kristina M. Morton reported exercises of restricted stock units that converted into APi Group common stock on February 27 and March 1, 2026. She also reported tax-related share withholdings and new performance stock unit awards covering multi-year performance periods ending in 2026, 2027, and 2028.

How many APi Group (APG) shares were withheld for Kristina Morton’s tax liabilities?

Shares were withheld to satisfy tax liabilities in two dispositions of common stock: 4,312 shares on March 1, 2026 and 2,872 shares on February 27, 2026. Both tax-withholding transactions were recorded at a reported price of $44.46 per share of APi Group common stock.

What performance stock unit awards did Kristina Morton report at APi Group (APG)?

Kristina Morton reported performance stock unit awards labeled 2024, 2025, and 2026 PSUs. These have performance periods from January 1, 2024 to December 31, 2026, from 2025 to 2027, and from 2026 to 2028, with earned shares vesting based on performance results over those multi-year periods.

When do Kristina Morton’s restricted stock units at APi Group (APG) vest?

Her restricted stock units vest in equal installments across several dates. Footnotes state tranches vest on February 27, 2024, 2025, and 2026, and on March 1 in 2025, 2026, 2027, 2028, and 2029. Each restricted stock unit represents a contingent right to one common share.

How does Kristina Morton hold indirect APi Group (APG) shares?

In addition to directly held common stock and equity awards, Kristina Morton holds shares indirectly through APi Group’s Profit Sharing and 401(k) Plan. One entry notes common stock held in her account under this plan, reflecting retirement-related ownership separate from her direct equity compensation holdings.

What role does transaction code F play in Kristina Morton’s APi Group (APG) filing?

Transaction code F indicates shares of APi Group common stock were used to pay tax liabilities tied to equity awards. In Morton’s case, the filing specifies these are payments of tax obligations by delivering shares, rather than open-market sales initiated for investment or trading purposes.