APi Group director sells 360,000 shares under plan
APi Group Corp director James E. Lillie reported sales totaling 360,000 shares of Common Stock on August 3, 2026 at weighted average prices of $39.84 and $40.11, effected under a Rule 10b5-1 trading plan adopted on May 9, 2025.
Rhea-AI Filing Summary
APi Group Corp director James E. Lillie reported sales totaling 360,000 shares of Common Stock on August 3, 2026 at weighted average prices of $39.84 and $40.11, effected under a Rule 10b5-1 trading plan adopted on May 9, 2025. Transactions include shares sold directly and through JTOO LLC, where he is manager. The filing also notes Mariposa Acquisition IV, LLC holdings of 1,152,000 shares of Series A Preferred Stock and 15,552 Common shares, in which entities associated with Lillie may have a pecuniary interest, plus 4,047 restricted stock units, while he disclaims beneficial ownership beyond that interest.
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Insights
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Insider Trade Summary 10b5-1
Net Seller: 360,000 shares
Net Sell
7 txns
Insider
LILLIE JAMES E
Role
Director
Sold
360,000 shs ($14.34M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1, F2 | 74,420 | $39.84 | $2.96M |
| Sale | Common Stock F1, F3 | 580 | $40.11 | $23K |
| Sale | Common Stock F1, F2, F4 | 282,796 | $39.84 | $11.27M |
| Sale | Common Stock F1, F3, F4 | 2,204 | $40.11 | $88K |
| holding | Series A Preferred Stock F6, F5 | -- | -- | -- |
| holding | Restricted Stock Units F7, F8 | -- | -- | -- |
| holding | Common Stock F5 | -- | -- | -- |
Holdings After Transaction:
Common Stock — 1,204,759 shares (Direct);
Common Stock — 8,952,350 shares (Indirect, By JTOO LLC);
Series A Preferred Stock — 1,152,000 contracts (Indirect, By Mariposa Acquisition IV, LLC);
Restricted Stock Units — 4,047 contracts (Direct);
Common Stock — 15,552 shares (Indirect, By Mariposa Acquisition IV, LLC)
Footnotes (8)
- F1. The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by JTOO LLC and the Reporting Person on May 9, 2025.
- F2. Represents the weighted average price of the shares sold on August 3, 2026. The prices of the shares sold pursuant to the transactions ranged from $39.085 to $40.08 per share. The Reporting Person or JTOO LLC, upon request, will provide the Securities and Exchange Commission staff, the Issuer or a security holder of the Issuer full information regarding the number of shares sold at each separate price.
- F3. Represents the weighted average price of the shares sold on August 3, 2026. The prices of the shares sold pursuant to the transactions ranged from $40.09 to $40.13 per share. The Reporting Person or JTOO LLC, upon request, will provide the Securities and Exchange Commission staff, the Issuer or a security holder of the Issuer full information regarding the number of shares sold at each separate price.
- F4. The shares of Common Stock reported herein are held directly by JTOO LLC, of which Mr. Lillie is the manager.
- F5. The shares of Common Stock and Series A Preferred Stock are held directly by Mariposa Acquisition IV, LLC. JTOO LLC, which is owned by the Lillie 2015 Dynasty Trust, of which Mr. Lillie is the grantor, holds a limited liability company interest in Mariposa Acquisition IV, LLC and, as a result, may be deemed to have a pecuniary interest in 15,552 shares of Common Stock and 1,152,000 shares of Series A Preferred Stock held by Mariposa Acquisition IV, LLC. Mr. Lillie disclaims beneficial ownership of any shares except to the extent of his pecuniary interest therein.
- F6. The Series A Preferred Stock will convert into Common Stock at the option of the holder or automatically as of December 31, 2026.
- F7. Each restricted stock unit represents a contingent right to receive one share of the Issuer's Common Stock.
- F8. 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.
Key Figures
Common shares sold: 360,000 shares
Weighted average sale price (bucket 1): $39.84 per share
Weighted average sale price (bucket 2): $40.11 per share
+3 more
6 metrics
Common shares sold
360,000 shares
Aggregate Common Stock sales reported on August 3, 2026
Weighted average sale price (bucket 1)
$39.84 per share
Weighted average for sales with prices from $39.085 to $40.08 on August 3, 2026
Weighted average sale price (bucket 2)
$40.11 per share
Weighted average for sales with prices from $40.09 to $40.13 on August 3, 2026
Series A Preferred Stock position
1,152,000 shares
Shares of Series A Preferred Stock held by Mariposa Acquisition IV, LLC
Common shares via Mariposa Acquisition IV, LLC
15,552 shares
Common Stock reported as held by Mariposa Acquisition IV, LLC
Restricted stock units outstanding
4,047 units
RSUs each representing one Common share, vesting on May 15, 2027
Key Terms
Rule 10b5-1 trading plan, weighted average price, restricted stock unit, Series A Preferred Stock, +2 more
6 terms
Rule 10b5-1 trading plan regulatory
"The sales were effected pursuant to a Rule 10b5-1 trading plan adopted on May 9, 2025."
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
weighted average price financial
"Represents the weighted average price of the shares sold on August 3, 2026."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
restricted stock unit financial
"Each restricted stock unit represents a contingent right to receive one share of Common Stock."
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
Series A Preferred Stock financial
"The shares of Common Stock and Series A Preferred Stock are held directly by Mariposa Acquisition IV, LLC."
Series A preferred stock is a type of ownership share in a company that gives investors certain advantages, such as priority in receiving profits or getting their money back if the company is sold or goes bankrupt. It is often issued during early funding stages to attract investors by offering more security than common shares. This stock matters to investors because it provides a safer way to invest while still holding potential for future gains.
pecuniary interest financial
"JTOO LLC may be deemed to have a pecuniary interest in shares held by Mariposa Acquisition IV, LLC."
beneficial ownership regulatory
"Mr. Lillie disclaims beneficial ownership of any shares except to the extent of his pecuniary interest."
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider stock sale did APi Group (APG) disclose for James E. Lillie?
James E. Lillie reported selling 360,000 shares of APi Group Common Stock on August 3, 2026. The shares were sold at weighted average prices of $39.84 and $40.11 per share under a Rule 10b5-1 trading plan adopted May 9, 2025.
Was the APi Group (APG) insider sale made under a Rule 10b5-1 trading plan?
Yes. The sales reported for James E. Lillie were effected under a Rule 10b5-1 trading plan adopted by JTOO LLC and the reporting person on May 9, 2025. The Form 4 also checks the affirmative Rule 10b5-1 box, indicating a pre-arranged trading arrangement.
When will the APi Group (APG) Series A Preferred Stock convert to Common Stock?
The Series A Preferred Stock referenced in the filing will convert into Common Stock at the holder’s option or automatically as of December 31, 2026. The filing shows 1,152,000 underlying Common shares linked to this Series A Preferred position.
When do the APi Group (APG) restricted stock units described here vest?
The reported 4,047 restricted stock units each represent a contingent right to receive one APi Group Common share. These RSUs are scheduled to vest on May 15, 2027, the one-year anniversary of the grant date, subject to Lillie’s continuous service with the company.
AI-generated analysis. How Rhea-AI works. Not financial advice.
