APi Group (NYSE: APG) officer granted stock units and settles PSUs
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
APi Group Corp reporting officer James Arseniadis, VP & Chief Accounting Officer, reported several equity compensation transactions on Common Stock and units. He received grants of 3,335 performance stock units tied to a 2026–2028 performance period and 2,223 restricted stock units that vest in three equal installments from March 1, 2027 through March 1, 2029. A prior performance stock unit award for 5,765 units was settled, resulting in 10,718 Common shares, with 4,987 shares withheld at $44.99 per share to cover tax obligations. Following these transactions, he directly owned 17,626 Common shares and also had 846 shares held in his 401(k) plan account.
Positive
- None.
Negative
- None.
Insider Trade Summary
5,765 shares exercised/converted
Mixed
12 txns
Insider
ARSENIADIS JAMES
Role
VP & Chief Accounting Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Performance Stock Units | 3,335 | $0.00 | -- |
| Grant/Award | Restricted Stock Units | 2,223 | $0.00 | -- |
| Exercise | Performance Stock Units | 5,765 | $0.00 | -- |
| Exercise | Common Stock | 10,718 | $0.00 | -- |
| Tax Withholding | Common Stock | 4,987 | $44.99 | $224K |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Performance Stock Units | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Performance Stock Units | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Performance Stock Units — 3,335 shares (Direct);
Restricted Stock Units — 2,223 shares (Direct);
Common Stock — 22,613 shares (Direct);
Common Stock — 846 shares (Indirect, By 401(k) Plan)
Footnotes (1)
- The number of shares of the Issuer's Common Stock were acquired pursuant to the settlement of a performance share unit award (the "2023 PSUs"). The number of shares of Common Stock that were earned at the end of the performance period was increased based on results of the performance condition. Includes 43 shares acquired under the Issuer's employee stock purchase plan. Shares withheld for tax liability. These shares are held in the Reporting Person's account under the Issuer's Profit Sharing & 401(k) Plan. 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. Each restricted stock unit represents a contingent right to receive one share of the Issuer's Common Stock. These restricted stock units vest in equal installments on March 1, 2027, March 1, 2028, and March 1, 2029. 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 and to the extent earned will vest 100% on 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 2023 PSUs are not a derivative security, however the Reporting Person is voluntarily reporting the ownership of the 2023 PSUs. These restricted stock units vest in equal installments on February 27, 2024, February 27, 2025, and February 27, 2026. 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 2024 PSUs are not a derivative security, however the Reporting Person is voluntarily reporting the ownership of the 2024 PSUs. These restricted stock units vest in equal installments on March 1, 2025, March 1, 2026, and March 1, 2027. These restricted stock units vest in equal installments on January 1, 2026, January 1, 2027, and January 1, 2028. 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. These restricted stock units vest in equal installments on March 1, 2026, March 1, 2027, and March 1, 2028.
FAQ
What equity awards did APi Group (APG) officer James Arseniadis receive?
James Arseniadis received 3,335 performance stock units and 2,223 restricted stock units. The performance units cover a 2026–2028 period, while the RSUs vest in three equal installments from March 1, 2027 through March 1, 2029, subject to continued service and plan terms.
How do the new APi Group (APG) performance stock units for James Arseniadis work?
The new 2026 performance stock units (PSUs) have a performance period from January 1, 2026 to December 31, 2028. Shares ultimately earned can increase or decrease based on performance conditions, so the final number of Common shares delivered will depend on actual results achieved.
How do James Arseniadis’s restricted stock units in APi Group (APG) vest?
The newly granted 2,223 restricted stock units each convert into one share of Common Stock. They vest in three equal installments on March 1, 2027, March 1, 2028, and March 1, 2029, assuming he remains eligible under the company’s equity compensation plan.