STOCK TITAN

APi Group Executive's Stock Transaction Shows Continued Long-term Commitment

Filing Impact
(Moderate)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

APi Group Corp (APG) reports insider trading activity by James Arseniadis, VP & Chief Accounting Officer, in a Form 4 filing dated June 24, 2025. The transactions occurred on June 22, 2025, involving:

  • Acquisition of 4,662 shares through the vesting of Restricted Stock Units (RSUs) at $0
  • Disposition of 2,126 shares at $51.23 per share for tax withholding
  • Post-transaction direct ownership of 11,018 shares, plus 564 shares held indirectly through 401(k) plan

The filing also details Arseniadis's holdings of unvested equity awards, including multiple RSU grants with various vesting schedules through 2028 and three sets of Performance Stock Units (PSUs) with performance periods ending in 2025, 2026, and 2027. The PSUs' final share amounts will vary based on performance conditions.

Positive

  • VP & Chief Accounting Officer James Arseniadis acquired 4,662 shares through RSU vesting, demonstrating continued executive alignment with shareholder interests
  • The executive holds multiple long-term incentive awards including PSUs through 2027, indicating strong retention mechanisms
  • The insider maintains significant direct ownership of 11,018 shares plus 564 shares in 401(k), showing meaningful skin in the game

Negative

  • The insider sold (disposed of) 2,126 shares at $51.23 per share, though this was for tax liability purposes rather than discretionary selling
  • The reported transaction was primarily driven by tax withholding rather than representing new investment in the company
Insider ARSENIADIS JAMES
Role VP & Chief Accounting Officer
Type Security Shares Price Value
Exercise Restricted Stock Units 4,662 $0.00 --
Exercise Common Stock 4,662 $0.00 --
Tax Withholding Common Stock 2,126 $51.23 $109K
holding Performance Stock Units -- -- --
holding Restricted Stock Units -- -- --
holding Performance Stock Units -- -- --
holding Restricted Stock Units -- -- --
holding Restricted Stock Units -- -- --
holding Performance Stock Units -- -- --
holding Restricted Stock Units -- -- --
holding Common Stock -- -- --
Holdings After Transaction: Restricted Stock Units — 0 shares (Direct); Common Stock — 13,144 shares (Direct); Performance Stock Units — 3,843 shares (Direct); Common Stock — 564 shares (Indirect, By 401(k) Plan)
Footnotes (1)
  1. Shares withheld for tax liability. 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 three equal installments on June 22, 2023, June 22, 2024 and June 22, 2025. 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 and to the extent earned will vest 100% on 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 2023 PSUs are not a derivative security, however the Reporting Person is voluntarily reporting the ownership of the 2023 PSUs. These restricted stock units vest in equal installments on February 27, 2024, February 27, 2025, and February 27, 2026. 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 and to the extent earned will vest 100% on 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 equal installments on March 1, 2025, March 1, 2026, and March 1, 2027. These restricted stock units vest in equal installments on January 1, 2026, January 1, 2027, and January 1, 2028. 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. These restricted stock units vest in equal installments on March 1, 2026, March 1, 2027, and March 1, 2028.
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*
ARSENIADIS JAMES

(Last) (First) (Middle)
C/O API GROUP CORPORATION
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)
VP & Chief Accounting Officer
3. Date of Earliest Transaction (Month/Day/Year)
06/22/2025
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 06/22/2025 M 4,662 A $0 13,144 D
Common Stock 06/22/2025 F 2,126(1) D $51.23 11,018 D
Common Stock 564 I By 401(k) Plan(2)
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 (3) 06/22/2025 M 4,662 (4) (4) Common Stock 4,662 $0 0 D
Performance Stock Units (5) (5) (5) Common Stock 3,843 3,843 D
Restricted Stock Units (3) (6) (6) Common Stock 854 854 D
Performance Stock Units (7) (7) (7) Common Stock 2,515 2,515 D
Restricted Stock Units (3) (8) (8) Common Stock 1,118 1,118 D
Restricted Stock Units (3) (9) (9) Common Stock 2,781 2,781 D
Performance Stock Units (10) (10) (10) Common Stock 3,061 3,061 D
Restricted Stock Units (3) (11) (11) Common Stock 2,041 2,041 D
Explanation of Responses:
1. Shares withheld for tax liability.
2. These shares are held in the Reporting Person's account under the Issuer's Profit Sharing & 401(k) Plan.
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 in three equal installments on June 22, 2023, June 22, 2024 and June 22, 2025.
5. 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 and to the extent earned will vest 100% on 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 2023 PSUs are not a derivative security, however the Reporting Person is voluntarily reporting the ownership of the 2023 PSUs.
6. These restricted stock units vest in equal installments on February 27, 2024, February 27, 2025, and February 27, 2026.
7. 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 and to the extent earned will vest 100% on 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.
8. These restricted stock units vest in equal installments on March 1, 2025, March 1, 2026, and March 1, 2027.
9. These restricted stock units vest in equal installments on January 1, 2026, January 1, 2027, and January 1, 2028.
10. 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.
11. These restricted stock units vest in equal installments on March 1, 2026, March 1, 2027, and March 1, 2028.
Remarks:
/s/ Louis B. Lambert, Attorney-in-Fact 06/24/2025
** 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

How many APG shares did James Arseniadis acquire on June 22, 2025?

James Arseniadis acquired 4,662 shares of APG common stock on June 22, 2025 through the conversion of Restricted Stock Units (RSUs). However, 2,126 shares were subsequently withheld for tax liability, resulting in a net acquisition of 2,536 shares.

What is James Arseniadis's current position at APG?

James Arseniadis serves as Vice President & Chief Accounting Officer at APi Group Corporation (APG).

How many APG shares does James Arseniadis own directly after the reported transactions?

Following the reported transactions, James Arseniadis directly owns 11,018 shares of APG common stock, plus an additional 564 shares held indirectly through the company's 401(k) Plan.

What is the vesting schedule for APG's most recent RSU grant to Arseniadis?

The most recent Restricted Stock Units (RSUs) grant of 2,041 shares will vest in equal installments on March 1, 2026, March 1, 2027, and March 1, 2028.

What performance stock units (PSUs) does Arseniadis hold for APG?

Arseniadis holds three sets of PSUs: 3,843 units from 2023 (vesting Dec 31, 2025), 2,515 units from 2024 (vesting Dec 31, 2026), and 3,061 units from 2025 (vesting Dec 31, 2027). The final number of shares earned will depend on performance conditions.