APi Group (NYSE: APG) CFO exercises RSUs and sells common stock
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
APi Group Corp executive Glenn David Jackola, EVP & Chief Financial Officer, reported multiple equity transactions. On February 27 and March 1, 2026, he exercised restricted stock units into a total of 13,495 shares of common stock at no cash exercise price and disposed of 18,000 shares in an open-market sale at $44.23 per share. An additional 5,886 shares were withheld to cover tax liabilities at approximately $44.46 per share, and he continues to hold various restricted and performance stock units plus common stock, including shares in a 401(k) plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 18,000 shares ($796,140)
Net Sell
18 txns
Insider
JACKOLA GLENN DAVID
Role
EVP & Chief Financial Officer
Sold
18,000 shs ($796K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 1,398 | $0.00 | -- |
| Exercise | Restricted Stock Units | 1,276 | $0.00 | -- |
| Exercise | Restricted Stock Units | 8,686 | $0.00 | -- |
| Exercise | Common Stock | 1,398 | $0.00 | -- |
| Exercise | Common Stock | 1,276 | $0.00 | -- |
| Exercise | Common Stock | 8,686 | $0.00 | -- |
| Tax Withholding | Common Stock | 4,955 | $44.46 | $220K |
| Exercise | Restricted Stock Units | 2,135 | $0.00 | -- |
| Exercise | Common Stock | 2,135 | $0.00 | -- |
| Tax Withholding | Common Stock | 931 | $44.46 | $41K |
| Sale | Common Stock | 18,000 | $44.23 | $796K |
| holding | Performance Stock Units | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| 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 — 1,397 shares (Direct);
Common Stock — 11,433 shares (Direct);
Performance Stock Units — 6,288 shares (Direct);
Common Stock — 1,557 shares (Indirect, By 401(k) Plan)
Footnotes (1)
- Shares withheld for tax liability. Represents the weighted average price of the shares sold on February 27, 2026. The prices of the shares sold pursuant to the transactions ranged from $44.14 to $44.325 per share. The Reporter, 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. These shares are held in the Reporting Person's account under the Issuer's Profit Sharing & 401(k) Plan. 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 February 27, 2024, February 27, 2025, and February 27, 2026. 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 March 1, 2026, March 1, 2027, and March 1, 2028. These restricted stock units vest in equal installments on March 1, 2026, March 1, 2027, and March 1, 2028 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. 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 three equal installments on December 1, 2025, December 1, 2026 and December 1, 2027. 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. Represents an award of performance stock units (the "3-28-2025 PSUs"). The 3-28-2025 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 3-28-2025 PSUs, which are not a derivative security. 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. These restricted stock units vest in equal installments on March 1, 2027, March 1, 2028, and March 1, 2029.
FAQ
What did APi Group (APG) CFO Glenn David Jackola report in this Form 4?
He reported exercising restricted stock units into common stock and selling shares. The filing shows derivative conversions, an 18,000-share open-market sale at $44.23, tax-withholding share dispositions, and updated holdings in common stock, restricted stock units, and performance stock units.
What restricted stock unit activity did APi Group (APG) disclose for its CFO?
Restricted stock units were converted into common stock in several transactions. Footnotes explain each unit represents one common share and describe vesting schedules, including equal installments on specified dates in 2024, 2025, 2026, 2027, 2028, and 2029 for different RSU grants.
What performance stock units does APi Group (APG) CFO Glenn David Jackola hold?
He holds multiple performance stock unit awards with performance periods ending in 2026, 2027, and 2028. Footnotes state the earned share amounts can increase or decrease based on performance conditions and that these PSUs are voluntarily reported and not derivative securities.
How are APi Group (APG) CFO’s 401(k) holdings described in the Form 4?
Common stock holdings in a 401(k) plan are reported as indirect ownership. A footnote clarifies these shares are held in the reporting person’s account under the issuer’s Profit Sharing & 401(k) Plan, distinguishing them from directly held common stock positions.