How were APi Group (APG) share amounts affected by the three-for-two stock dividend?

The reported amounts were adjusted for a three-for-two stock dividend effective June 30, 2025. This adjustment increased the recorded share and unit counts proportionally, ensuring the Form 4 reflects post-dividend quantities for Wheeler’s equity holdings and awards.

RSU grant and settlement boost APi Group (APG) director share holdings

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

WHEELER CARRIE reported acquisition or exercise transactions in this Form 4 filing.

APi Group Corp director Carrie Wheeler reported routine equity compensation changes. On May 16, 2026, 7,844 of her restricted stock units settled into an equal number of shares of Common Stock, following a prior three-for-two stock dividend adjustment. This increased her direct Common Stock holdings to 65,318 shares.

Separately, on May 15, 2026, she received a grant of 6,590 restricted stock units, each representing a contingent right to one share of Common Stock. These RSUs vest on May 15, 2027, subject to her continuous service with the company.

Insider Trade Summary

7,844 shares exercised/converted

Mixed 3 txns

Insider WHEELER CARRIE

Role null

Type	Security	Shares	Price	Value
Exercise	Restricted Stock Units	7,844	$0.00	--
Exercise	Common Stock	7,844	$0.00	--
Grant/Award	Restricted Stock Units	6,590	$0.00	--

Holdings After Transaction: Restricted Stock Units — 0 shares (Direct, null); Common Stock — 65,318 shares (Direct, null)

Footnotes (1)

On May 16, 2026, 7,844 of the Reporting Person's restricted stock units were settled for an equal number of shares of the Issuer's Common Stock. Amount has been adjusted pursuant to a three-for-two stock dividend effected on June 30, 2025. 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 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. 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.

Key Figures

RSUs settled: 7,844 shares Common Stock held: 65,318 shares New RSU grant: 6,590 RSUs +2 more

5 metrics

RSUs settled 7,844 shares Restricted stock units settled into Common Stock on May 16, 2026

Common Stock held 65,318 shares Direct Common Stock holdings after May 16, 2026 settlement

New RSU grant 6,590 RSUs Restricted stock units granted on May 15, 2026

RSU vesting date May 15, 2027 Vesting date for 6,590 restricted stock units, contingent on service

Stock dividend ratio three-for-two stock dividend Effective June 30, 2025; amounts adjusted accordingly

Key Terms

Restricted Stock Units, three-for-two stock dividend, contingent right, vest

4 terms

Restricted Stock Units financial

"On May 16, 2026, 7,844 of the Reporting Person's restricted stock units were settled..."

Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

three-for-two stock dividend financial

"Amount has been adjusted pursuant to a three-for-two stock dividend effected on June 30, 2025."

contingent right financial

"Each restricted stock unit represents a contingent right to receive one share of the Issuer's Common Stock."

vest financial

"These restricted stock units vest on May 15, 2027, which is the one-year anniversary of the grant date..."

A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.

Form 4 Insider Transactions: What Each Field Means →

05/19/2026 - 05:00 PM

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^*

WHEELER CARRIE

(Last)

(First)

(Middle)

C/O API GROUP CORPORATION

1100 OLD HIGHWAY 8 NW

(Street)

NEW BRIGHTON

MINNESOTA

55112

(City)

(State)

(Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
APi Group Corp [ APG ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	10% Owner
	Officer (give title below)	Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/15/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	05/16/2026		M		7,844	A	$0⁽¹⁾	65,318⁽²⁾	D

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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Restricted Stock Units	⁽³⁾	05/15/2026		A		6,590		⁽⁴⁾	⁽⁴⁾	Common Stock	6,590	$0	6,590	D
Restricted Stock Units	⁽³⁾	05/16/2026		M			7,844	⁽⁵⁾	⁽⁵⁾	Common Stock	7,844	$0	0	D

Explanation of Responses:

1. On May 16, 2026, 7,844 of the Reporting Person's restricted stock units were settled for an equal number of shares of the Issuer's Common Stock.

2. Amount has been adjusted pursuant to a three-for-two stock dividend effected on June 30, 2025.

3. Each restricted stock unit represents a contingent right to receive one share of the Issuer's Common Stock.

4. 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.

5. 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.

Remarks:

	/s/ Louis B. Lambert, Attorney-in-Fact	05/19/2026
	** 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.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What did APi Group (APG) director Carrie Wheeler report in this Form 4?

Carrie Wheeler reported routine equity compensation activity, including settlement of 7,844 restricted stock units into Common Stock and a new grant of 6,590 restricted stock units, both at no cash cost, reflecting standard director compensation rather than open-market trading.

How many APi Group (APG) shares does Carrie Wheeler hold after these transactions?

After the May 16, 2026 settlement, Carrie Wheeler directly holds 65,318 shares of APi Group Common Stock. This figure reflects the conversion of 7,844 restricted stock units into shares and incorporates adjustments from a prior three-for-two stock dividend.

What restricted stock units were granted to APi Group (APG) director Carrie Wheeler?

On May 15, 2026, Carrie Wheeler received 6,590 restricted stock units. Each unit is a contingent right to one share of APi Group Common Stock and represents part of her equity-based compensation as a director of the company.

When do Carrie Wheeler’s new APi Group (APG) restricted stock units vest?

The 6,590 restricted stock units granted on May 15, 2026 vest on May 15, 2027. Vesting depends on her continuous service with APi Group through that date, aligning the award with ongoing board service commitments.

What happened to the 7,844 APi Group (APG) restricted stock units mentioned in the Form 4?

On May 16, 2026, 7,844 of Carrie Wheeler’s restricted stock units were settled for an equal number of APi Group Common Stock shares. After this settlement, she no longer holds those units as derivatives, only the corresponding shares.