APi Group CEO reports equity awards and tax withholding
APi Group Corp President and CEO Russell A. Becker reported several equity compensation transactions in company stock and units on February 24, 2026.
Rhea-AI Filing Summary
APi Group Corp President and CEO Russell A. Becker reported several equity compensation transactions in company stock and units on February 24, 2026. He received 110,025 performance stock units and 73,350 restricted stock units as equity awards at no cash cost. A prior 219,045 performance stock unit award was exercised into 407,205 shares of common stock, and 200,343 shares of common stock at $44.99 per share were withheld to cover tax obligations. After these moves, he directly owned 2,425,699 shares of common stock, alongside additional indirect holdings through his spouse, several trusts, family members, and a 401(k) plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
219,045 shares exercised/converted
Exercise
18 txns
Insider
Becker Russell A.
Role
President and CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Performance Stock Units | 110,025 | $0.00 | $0.00 |
| Grant/Award | Restricted Stock Units | 73,350 | $0.00 | $0.00 |
| Exercise | Performance Stock Units | 219,045 | $0.00 | $0.00 |
| Exercise | Common Stock | 407,205 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 200,343 | $44.99 | $9.01M |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Performance Stock Units | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Performance Stock Units | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Performance Stock Units — 407,718 contracts for 297,693 underlying shares (Direct);
Restricted Stock Units — 287,045 contracts for 213,695 underlying shares (Direct);
Common Stock — 2,425,699 shares (Direct);
Common Stock — 196,425 shares (Indirect, By Spouse);
Common Stock — 2,623,084 shares (Indirect, By Trust);
Common Stock — 3,318 shares (Indirect, By Son);
Common Stock — 17,501 shares (Indirect, By 401(k) Plan)
Footnotes (16)
- F1. The number of shares of the Issuer's Common Stock were acquired pursuant to the settlement of a performance share unit award (the "2023 PSUs"). The number of shares of Common Stock that were earned at the end of the performance period was increased based on results of the performance condition.
- F2. Amount has been adjusted pursuant to a three-for-two stock dividend effected on June 30, 2025.
- F3. Shares withheld for tax liability.
- F4. The securities are held by the Russell A. Becker GST Trust dated November 30, 2020 (the "GST Trust"). Mr. Becker's spouse is the trustee of the GST Trust and Mr. Becker may be considered to have beneficial ownership of the GST Trust's interests in the Issuer. Mr. Becker disclaims beneficial ownership of any shares in which he does not have a pecuniary interest.
- F5. The securities are held by the Patricia L. Becker Legacy Trust dated December 21, 2020 (the "Legacy Trust"). Mr. Becker is the trustee of the Legacy Trust and Mr. Becker may be considered to have beneficial ownership of the Legacy Trust's interests in the Issuer. Mr. Becker disclaims beneficial ownership of any shares in which he does not have a pecuniary interest.
- F6. The securities are held by the Russell A. Becker 2016 Family Trust (the "Family Trust"). Mr. Becker's spouse is the trustee of the Family Trust and Mr. Becker may be considered to have beneficial ownership of the Family Trust's interests in the Issuer. Mr. Becker disclaims beneficial ownership of any shares in which he does not have a pecuniary interest.
- F7. These shares are held in the Reporting Person's account under the Issuer's Profit Sharing & 401(k) Plan.
- F8. 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.
- F9. Each restricted stock unit represents a contingent right to receive one share of the Issuer's Common Stock.
- F10. These restricted stock units vest in equal installments on March 1, 2027, March 1, 2028, and March 1, 2029.
- F11. Represents an award of performance stock units (the "2023 PSUs"). The 2023 PSUs will have a performance period beginning January 1, 2023 and ending December 31, 2025. 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 2023 PSUs, which are not a derivative security.
- F12. These restricted stock units vest in equal installments on February 27, 2024, February 27, 2025, and February 27, 2026.
- F13. 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.
- F14. These restricted stock units vest in equal installments on March 1, 2025, March 1, 2026, and March 1, 2027.
- F15. 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.
- F16. These restricted stock units vest in equal installments on March 1, 2026, March 1, 2027, and March 1, 2028.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did APi Group (APG) CEO Russell A. Becker report?
Russell A. Becker reported equity awards and related share settlements. He received new performance stock units and restricted stock units, exercised earlier performance units into common shares, and had shares withheld to satisfy tax liabilities, all recorded as part of his compensation structure.
How many APi Group (APG) performance stock units were granted to the CEO?
Becker received an award of 110,025 performance stock units. These units are tied to performance periods and conditions, meaning the final number of common shares earned can increase or decrease depending on how APi Group performs against stated performance goals.
How many APi Group (APG) restricted stock units did the CEO receive?
The filing shows a grant of 73,350 restricted stock units to Becker. Each restricted stock unit represents a contingent right to receive one share of APi Group common stock, vesting over time in scheduled installments according to the company’s equity award terms.
What is Russell A. Becker’s direct APi Group (APG) common stock ownership after these transactions?
Following the reported awards, exercises, and tax withholdings, Becker directly owned 2,425,699 shares of APi Group common stock. The filing also lists additional indirect holdings through his spouse, various family trusts, family members, and a company 401(k) plan.
How do APi Group (APG) performance stock units for 2023–2026 work for the CEO?
Multiple performance stock unit awards, including 2023, 2024, 2025 and 2026 grants, cover multi‑year periods. The number of shares ultimately earned at each period’s end is adjusted up or down based on APi Group’s performance against defined performance conditions described in the awards.
AI-generated analysis. How Rhea-AI works. Not financial advice.
