Form 4: APi Group Corp Director James E. Lillie Reports Share Transactions

Director James E. Lillie of APi Group Corp reports multiple transactions involving common stock and preferred stock, including acquisitions, disposals, and a stock dividend.

Summary

• James E. Lillie, a director at APi Group Corp, reported several transactions involving the company's stock.
• On December 31, 2024, Mr. Lillie received 487,163 shares of common stock as a stock dividend related to Series A Preferred Stock.
• On January 3, 2025, there were multiple transactions including the transfer of 2,110 shares of common stock to employees, a pro rata distribution of 483,323 shares of common stock, and the acquisition of 483,323 shares of common stock.
• These transactions resulted in Mr. Lillie beneficially owning 5,488,734 shares of common stock indirectly through JTOO LLC and 1,096,203 shares directly.
• Mr. Lillie also indirectly holds 768,000 shares of Series A Preferred Stock through Mariposa Acquisition IV, LLC, which are convertible to common stock.
• Additionally, Mr. Lillie holds 3,810 restricted stock units that vest on June 14, 2025.

Sentiment

Score: 5

Explanation: The document is a neutral report of stock transactions by a company director, with no inherent positive or negative sentiment.

Industry Context

This filing is a routine disclosure of insider transactions, which is a common practice for publicly traded companies. It provides transparency into the trading activities of company directors.

Comparison to Industry Standards

• Form 4 filings are standard practice for publicly traded companies in the US, and APi Group Corp's filing is consistent with these requirements.
• The transactions reported are typical for directors who may receive stock-based compensation or participate in company distributions.
• The use of LLCs for holding shares is a common practice for managing personal investments and is not unusual in this context.

Stakeholder Impact

• The transactions reported in this filing provide transparency to shareholders regarding insider trading activity.
• The stock dividend and share distributions may have a minor impact on the overall share structure of the company.

Key Dates

Keywords

Form 4, Beneficial Ownership, Stock Transactions, APi Group Corp, James E. Lillie, Common Stock, Preferred Stock, Stock Dividend, Restricted Stock Units