APi Group SVP exercises RSUs, withholds shares
APi Group Corp senior vice president and chief people officer Kristina M. Morton reported multiple equity compensation transactions.
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
15,216 shares exercised/converted
Exercise
13 txns
Insider
MORTON KRISTINA M
Role
SVP and Chief People Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 4,418 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units | 4,714 | $0.00 | $0.00 |
| Exercise | Common Stock | 4,418 | $0.00 | $0.00 |
| Exercise | Common Stock | 4,714 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 4,312 | $44.46 | $192K |
| Exercise | Restricted Stock Units | 6,084 | $0.00 | $0.00 |
| Exercise | Common Stock | 6,084 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 2,872 | $44.46 | $128K |
| holding | Performance Stock Units | -- | -- | -- |
| holding | Performance Stock Units | -- | -- | -- |
| holding | Performance Stock Units | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 23,181 contracts for 9,336 underlying shares (Direct);
Common Stock — 112,473 shares (Direct);
Performance Stock Units — 55,094 contracts (Direct);
Common Stock — 953 shares (Indirect, By 401(k) Plan)
Footnotes (10)
- F1. Shares withheld for tax liability.
- F2. These shares are held in the Reporting Person's account under the Issuer's Profit Sharing & 401(k) Plan.
- F3. Each restricted stock unit represents a contingent right to receive one share of the Issuer's Common Stock.
- F4. These restricted stock units vest in equal installments on February 27, 2024, February 27, 2025, and February 27, 2026.
- F5. These restricted stock units vest in equal installments on March 1, 2025, March 1, 2026, and March 1, 2027.
- F6. These restricted stock units vest in equal installments on March 1, 2026, March 1, 2027, and March 1, 2028.
- F7. 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.
- F8. 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.
- F9. 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.
- F10. These restricted stock units vest in equal installments on March 1, 2027, March 1, 2028, and March 1, 2029.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
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.
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.
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.
AI-generated analysis. How Rhea-AI works. Not financial advice.
