Form 4: APi Group Corp Director James E. Lillie Sells Shares Under 10b5-1 Plan

Director James E. Lillie reports selling APi Group Corp shares on May 5, 2025, under a pre-arranged Rule 10b5-1 trading plan.

Summary

• James E. Lillie, a director of APi Group Corp, reported the sale of 50,000 shares of common stock at a price of $42.73 on May 5, 2025.
• An additional 200,000 shares were sold on the same day at the same price.
• The sales were executed under a Rule 10b5-1 trading plan adopted on August 8, 2024.
• Following the transactions, Lillie directly owns 996,203 shares and indirectly owns 5,088,734 shares through JTOO LLC.
• Lillie also indirectly owns 3,389 shares of Common Stock and 768,000 shares of Series A Preferred Stock through Mariposa Acquisition IV, LLC.
• Lillie also holds 3,810 Restricted Stock Units which vest on June 14, 2025.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing detailing share sales by a director. It doesn't inherently convey positive or negative sentiment, but the sale of shares could be interpreted as slightly negative if not understood in the context of a pre-arranged trading plan.

Risks

• The sale of a significant number of shares by a director could be perceived negatively by the market.

Future Outlook

The document does not contain any specific forward-looking statements regarding the company's future performance.

Industry Context

This filing is a routine disclosure of insider trading activity. It's important to monitor such filings to understand the sentiment of company insiders, but sales under a 10b5-1 plan are often pre-scheduled and may not reflect the insider's current view of the company's prospects.

Comparison to Industry Standards

• Insider trading activity is common across publicly traded companies.
• The use of 10b5-1 trading plans is a standard practice to allow insiders to sell shares while avoiding accusations of trading on non-public information.
• Comparing Lillie's transactions to those of other directors in similar companies would require further research into their respective filings and company performance.

Stakeholder Impact

• The sale of shares by a director could have a minor impact on shareholder confidence.

Key Dates

Keywords

Form 4, APi Group Corp, APG, James E. Lillie, share sale, director, Rule 10b5-1, JTOO LLC, Mariposa Acquisition IV, LLC, restricted stock units, Series A Preferred Stock