APi Group Corp (APG) director details stock dividend, equity transfers and RSU holdings
Rhea-AI Filing Summary
APi Group Corp director reported several equity transactions and holdings through affiliated entities Mariposa Acquisition IV, LLC and JTOO LLC. On 12/31/2025, Mariposa received a stock dividend of 2,913,565 shares of common stock at $0, paid on its Series A Preferred Stock, which earns an annual stock dividend based on the common share price over the last ten days of the calendar year.
On 01/02/2026, Mariposa transferred 9,979 common shares at $38.97 to employees of an affiliate for services, and made a pro rata distribution of 2,893,117 common shares to JTOO LLC. After these movements, JTOO LLC is shown holding 10,241,218 common shares, with the director reporting indirect beneficial ownership through this entity.
The filing also lists 4,740 restricted stock units that each represent one common share and vest on May 16, 2026, plus 1,152,000 shares of Series A Preferred Stock held indirectly through Mariposa, convertible into common stock on a one-for-one basis at any time or automatically after the issuer’s seventh full financial year following October 1, 2019.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Common Stock | 9,979 | $38.97 | $389K |
| Other | Common Stock | 2,893,117 | $0.00 | -- |
| Other | Common Stock | 2,893,117 | $0.00 | -- |
| Grant/Award | Common Stock | 2,913,565 | $0.00 | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Series A Preferred Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- Represents a stock dividend on shares of Series A Preferred Stock of the Issuer. The holder of Series A Preferred Stock of the Issuer is entitled to receive an annual stock dividend based on the market price of the Issuer's Common Stock for the last ten days of the calendar year. The shares of Common Stock (prior to the distributions described in footnotes 3 and 4) 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 2,918,648 shares of Common Stock (prior to the distributions described in footnotes 3 and 4) 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. Represents a transfer to employees of an affiliate of Mariposa Acquisition IV, LLC for services provided. Represents a pro rata distribution from Mariposa Acquisition IV, LLC to JTOO LLC. The shares of Common Stock reported herein are held directly by JTOO LLC, of which Mr. Lillie is the manager. Each restricted stock unit represents a contingent right to receive one share of the Issuer's Common Stock. 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. The Series A Preferred Stock is convertible at any time at the election of the holder, on a one-for-one basis, into shares of Common Stock for no additional consideration. The Series A Preferred Stock shall automatically convert into Common Stock on the last day of the seventh full financial year of the Issuer following October 1, 2019 (or if such date is not a trading day, the first trading day immediately following such date).
FAQ
What insider transactions did APi Group Corp (APG) report in this Form 4?
The director reported a stock dividend of 2,913,565 common shares on 12/31/2025, a transfer of 9,979 common shares at $38.97 to employees on 01/02/2026, and a pro rata distribution of 2,893,117 common shares from Mariposa Acquisition IV, LLC to JTOO LLC on the same date.
What are the terms of the Series A Preferred Stock reported for APi Group Corp (APG)?
The filing shows 1,152,000 shares of Series A Preferred Stock held indirectly through Mariposa Acquisition IV, LLC. This preferred stock is convertible at any time at the holder’s election into common stock on a one-for-one basis for no additional consideration and will automatically convert into common stock on the last day of the issuer’s seventh full financial year following October 1, 2019, or the next trading day.
How does the APi Group (APG) stock dividend on Series A Preferred Stock work?
The holder of APi Group’s Series A Preferred Stock is entitled to receive an annual stock dividend in common shares. The number of common shares issued is based on the market price of the common stock for the last ten days of the calendar year, as reflected by the 2,913,565-share dividend recorded on 12/31/2025.
What restricted stock units (RSUs) are reported for APi Group Corp (APG)?
The filing lists 4,740 restricted stock units, each representing a contingent right to receive one share of APi Group common stock. These RSUs 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 company through that date.