APi Group director receives shares via RSUs

APi Group Corp director Cyrus D. Walker increased his ownership through equity compensation activity.

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Form Type

Rhea-AI Filing Summary

APi Group Corp director Cyrus D. Walker increased his ownership through equity compensation activity. On May 16, 2026, 4,740 of his restricted stock units were settled into an equal number of shares of Common Stock, bringing his directly held shares to 58,470. This was reported as an exercise or conversion of a derivative security, not an open-market purchase or sale.

Separately, on May 15, 2026, Walker received a grant of 4,047 restricted stock units, each representing a contingent right to one share of Common Stock. According to the terms, these units vest on May 15, 2027, subject to his continuous service, while earlier units vested on May 16, 2026 under similar conditions.

Insider Trade Summary

4,740 shares exercised/converted

Exercise 3 txns

Insider Walker Cyrus D.

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

Holdings After Transaction: Restricted Stock Units — 4,047 contracts (Direct); Common Stock — 58,470 shares (Direct)

Footnotes (5)

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. Amount has been adjusted pursuant to a three-for-two stock dividend effected on June 30, 2025.
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 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.
F5. 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.

Key Figures

RSUs settled: 4,740 units Shares after settlement: 58,470 shares New RSU grant: 4,047 units +3 more

6 metrics

RSUs settled 4,740 units Settled into Common Stock on May 16, 2026

Shares after settlement 58,470 shares Common Stock directly held after May 16, 2026 transaction

New RSU grant 4,047 units Restricted stock units granted on May 15, 2026

Exercise transactions 4,740 shares Total derivative exercise shares per transaction summary

Conversion price $0.00 per unit RSU conversion or exercise price reported

Stock dividend adjustment Three-for-two Amounts adjusted for stock dividend on June 30, 2025

Key Terms

Restricted Stock Units, three-for-two stock dividend, contingent right, Exercise or conversion of derivative security, +1 more

5 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.

three-for-two stock dividend financial

"Amount has been adjusted pursuant to a three-for-two stock dividend effected on June 30, 2025"

contingent right financial

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

Exercise or conversion of derivative security financial

"transaction_code_description: Exercise or conversion of derivative security"

Grant, award, or other acquisition financial

"transaction_code_description: Grant, award, or other acquisition"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did APi Group (APG) director Cyrus Walker report?

Cyrus Walker reported settlement of 4,740 restricted stock units into Common Stock. This derivative exercise increased his directly held shares to 58,470 and reflects routine equity compensation activity rather than an open-market stock purchase or sale.

How many APi Group (APG) shares does Cyrus Walker hold after the Form 4?

After the reported transactions, Cyrus Walker directly holds 58,470 shares of APi Group Common Stock. This figure reflects the May 16, 2026 settlement of 4,740 restricted stock units into shares as disclosed in the Form 4 filing.

What restricted stock unit grant did Cyrus Walker receive from APi Group (APG)?

On May 15, 2026, Cyrus Walker received a grant of 4,047 restricted stock units. Each unit represents a contingent right to one APi Group Common Share and vests on May 15, 2027, subject to his continuous service with the company.

Was the APi Group (APG) insider transaction an open-market buy or sell?

The reported transactions were not open-market buys or sells. They were an exercise or conversion of restricted stock units into 4,740 Common Shares and a grant of 4,047 new restricted stock units as part of equity compensation.

How were Cyrus Walker’s APi Group (APG) restricted stock units structured?

Each restricted stock unit represents a contingent right to receive one share of APi Group Common Stock. Certain units vested on May 16, 2026, and another grant of 4,047 units will vest on May 15, 2027, assuming continued service.

Did APi Group (APG) adjust Cyrus Walker’s equity awards for a stock dividend?

Yes. The Form 4 notes that amounts have been adjusted for a three-for-two stock dividend effected on June 30, 2025. This adjustment affected the reported restricted stock unit amounts and related share counts in the filing.

AI-generated analysis. How Rhea-AI works. Not financial advice.

Form 4 Insider Transactions: What Each Field Means →

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Accepted by SEC EDGAR 05/19/2026 - 05:00 PM

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

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

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^*

Walker Cyrus D.

(Last)

(First)

(Middle)

C/O API GROUP CORPORATION

1100 OLD HIGHWAY 8 NW

(Street)

NEW BRIGHTON

MINNESOTA

55112

(City)

(State)

(Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
APi Group Corp [ APG ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	10% Owner
	Officer (give title below)	Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/15/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	05/16/2026		M		4,740	A	$0⁽¹⁾	58,470⁽²⁾	D

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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Restricted Stock Units	⁽³⁾	05/15/2026		A		4,047		⁽⁴⁾	⁽⁴⁾	Common Stock	4,047	$0	4,047	D
Restricted Stock Units	⁽³⁾	05/16/2026		M			4,740	⁽⁵⁾	⁽⁵⁾	Common Stock	4,740	$0	0	D

Explanation of Responses:

1. 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.

2. Amount has been adjusted pursuant to a three-for-two stock dividend effected on June 30, 2025.

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 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.

5. 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.

Remarks:

	/s/ Louis B. Lambert, Attorney-in-Fact	05/19/2026
	** 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.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

APi Group director receives shares via RSUs

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