STOCK TITAN

APi Group (NYSE: APG) CFO exercises RSUs and sells common stock

Filing Impact
(Very High)
Filing Sentiment
(Negative)
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.
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*
JACKOLA GLENN DAVID

(Last) (First) (Middle)
C/O API GROUP, INC.
1100 OLD HIGHWAY 8 NW

(Street)
NEW BRIGHTON MN 55112

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
APi Group Corp [ APG ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
EVP & Chief Financial Officer
3. Date of Earliest Transaction (Month/Day/Year)
02/27/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
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)
Code V Amount (A) or (D) Price
Common Stock 02/27/2026 M 2,135 A $0 28,966 D
Common Stock 02/27/2026 F 931(1) D $44.46 28,035 D
Common Stock 02/27/2026 S 18,000 D $44.23(2) 10,035 D
Common Stock 03/01/2026 M 1,398 A $0 11,433 D
Common Stock 03/01/2026 M 1,276 A $0 12,709 D
Common Stock 03/01/2026 M 8,686 A $0 21,395 D
Common Stock 03/01/2026 F 4,955(1) D $44.46 16,440 D
Common Stock 1,557 I By 401(k) Plan(3)
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)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Restricted Stock Units (4) 02/27/2026 M 2,135 (5) (5) Common Stock 2,135 $0 0 D
Restricted Stock Units (4) 03/01/2026 M 1,398 (6) (6) Common Stock 1,398 $0 1,397 D
Restricted Stock Units (4) 03/01/2026 M 1,276 (7) (7) Common Stock 1,276 $0 2,551 D
Restricted Stock Units (4) 03/01/2026 M 8,686 (8) (8) Common Stock 8,686 $0 17,371 D
Performance Stock Units (9) (9) (9) Common Stock 6,288 6,288 D
Restricted Stock Units (4) (10) (10) Common Stock 13,235 13,235 D
Performance Stock Units (11) (11) (11) Common Stock 5,739 5,739 D
Performance Stock Units (12) (12) (12) Common Stock 39,086 39,086 D
Performance Stock Units (13) (13) (13) Common Stock 29,340 29,340 D
Restricted Stock Units (4) (14) (14) Common Stock 19,560 19,560 D
Explanation of Responses:
1. Shares withheld for tax liability.
2. 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.
3. These shares are held in the Reporting Person's account under the Issuer's Profit Sharing & 401(k) Plan.
4. Each restricted stock unit represents a contingent right to receive one share of the Issuer's Common Stock.
5. These restricted stock units vest in equal installments on February 27, 2024, February 27, 2025, and February 27, 2026.
6. These restricted stock units vest in equal installments on March 1, 2025, March 1, 2026, and March 1, 2027.
7. These restricted stock units vest in equal installments on March 1, 2026, March 1, 2027, and March 1, 2028.
8. These restricted stock units vest in equal installments on March 1, 2026, March 1, 2027, and March 1, 2028
9. 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.
10. These restricted stock units vest in three equal installments on December 1, 2025, December 1, 2026 and December 1, 2027.
11. 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.
12. 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.
13. 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.
14. These restricted stock units vest in equal installments on March 1, 2027, March 1, 2028, and March 1, 2029.
Remarks:
/s/ Louis B. Lambert, Attorney-in-Fact 03/03/2026
** 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.

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.

How many APi Group (APG) shares did the CFO sell and at what price?

He sold 18,000 shares of common stock at $44.23 per share. A footnote states this price is a weighted average, with individual sale prices ranging from $44.14 to $44.325 per share for the February 27, 2026 transactions.

Were any APi Group (APG) shares disposed of to cover taxes in this filing?

Yes. The filing identifies 4,955 and 931 shares of common stock as withheld for tax liability. These tax-withholding dispositions occurred at about $44.46 per share, according to the reported transaction price and a specific tax-related footnote.

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.
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Engineering & Construction
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United States
NEW BRIGHTON