Form 4: APi Group CFO Jackola Reports RSU Settlement & Tax Withholding

Sentiment:

Insider Transaction Report


APi Group Corp's EVP & CFO, Glenn David Jackola, reported the settlement of 6,618 restricted stock units and the withholding of 2,886 shares for tax liability on December 1, 2025.

Summary

  • Glenn David Jackola, EVP & Chief Financial Officer of APi Group Corp (APG), reported transactions on December 1, 2025.
  • 6,618 restricted stock units (RSUs) were settled, resulting in the acquisition of an equal number of common shares.
  • 2,886 shares of common stock were disposed of at a price of $38.98 to cover tax liabilities related to the RSU settlement.
  • Following these transactions, Jackola directly beneficially owns 16,855 shares of common stock and indirectly owns 1,557 shares through a 401(k) Plan.
  • The amounts have been adjusted due to a three-for-two stock dividend effected on June 30, 2025.
  • Remaining derivative holdings include various tranches of Restricted Stock Units and Performance Stock Units with future vesting and performance periods.

Sentiment

Score: 5

Explanation: The filing reports routine insider transactions related to executive compensation, specifically the vesting of restricted stock units and subsequent tax withholding. These are standard occurrences and do not inherently indicate a positive or negative sentiment regarding the company's performance or outlook.

Positives

  • The settlement of restricted stock units indicates the vesting of previously granted equity awards, reflecting continued compensation for the executive.

Negatives

  • A portion of the acquired shares (2,886 shares) was immediately sold to cover tax liabilities, which is a common practice but reduces the executive's direct shareholding.

Future Outlook

The filing details future vesting schedules for various restricted stock units and performance periods for performance stock units extending through December 2027 and March 2028, indicating ongoing long-term incentive plans for the executive.

Industry Context

This routine insider transaction reflects standard executive compensation practices within publicly traded companies, where equity awards like RSUs and PSUs are used to align executive interests with shareholder value over multi-year periods. The tax withholding is a common mechanism for executives to cover tax obligations upon the vesting of such awards.

Stakeholder Impact

  • Shareholders: The filing provides transparency regarding executive equity ownership and compensation, which is generally positive for corporate governance. The tax withholding is a routine event and has minimal direct impact on other shareholders.
  • Employees: The equity awards reflect the company's compensation structure for executives, which may indirectly influence broader employee compensation strategies.

Next Steps

  • Continued vesting of various Restricted Stock Units on scheduled dates (e.g., December 1, 2026, December 1, 2027, February 27, 2025, February 27, 2026, March 1, 2025, March 1, 2026, March 1, 2027, March 1, 2028).
  • Conclusion of performance periods for Performance Stock Units (e.g., December 31, 2025, December 31, 2026, December 31, 2027), after which the number of earned shares will be determined based on performance conditions.

Key Dates

DateDescription
2023-01-01Start of performance period for 2023 Performance Stock Units (PSUs).
2024-01-01Start of performance period for 2024 Performance Stock Units (PSUs).
2024-02-27First vesting installment for a tranche of Restricted Stock Units.
2025-01-01Start of performance period for 2025 Performance Stock Units (PSUs) and 3-28-2025 PSUs.
2025-02-27Second vesting installment for a tranche of Restricted Stock Units.
2025-03-01First vesting installment for a tranche of Restricted Stock Units.
2025-06-30Effective date of a three-for-two stock dividend.
2025-12-01Settlement date for 6,618 Restricted Stock Units and first vesting installment for another tranche of Restricted Stock Units.
2025-12-01Earliest transaction date reported in the filing.
2025-12-03Signature date of the filing by Attorney-in-Fact.
2025-12-31End of performance period for 2023 Performance Stock Units (PSUs).
2026-02-27Third vesting installment for a tranche of Restricted Stock Units.
2026-03-01Second vesting installment for a tranche of Restricted Stock Units and first vesting installment for another tranche of Restricted Stock Units.
2026-12-01Second vesting installment for a tranche of Restricted Stock Units.
2026-12-31End of performance period for 2024 Performance Stock Units (PSUs).
2027-03-01Third vesting installment for a tranche of Restricted Stock Units and second vesting installment for another tranche of Restricted Stock Units.
2027-12-01Third vesting installment for a tranche of Restricted Stock Units.
2027-12-31End of performance period for 2025 Performance Stock Units (PSUs) and 3-28-2025 PSUs.
2028-03-01Third vesting installment for a tranche of Restricted Stock Units.

Keywords

APi Group Corp, APG, Glenn David Jackola, Form 4, Insider Transaction, Restricted Stock Units, RSU, Performance Stock Units, PSU, Stock Dividend, Tax Withholding, Executive Compensation

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