4/A: APi Group Corp Executive Kevin Krumm Amends SEC Filing to Correct Transaction Code
SEC Filing Amendment
Kevin Krumm, EVP & Chief Financial Officer of APi Group Corp, amended a previous SEC filing to accurately reflect that shares were withheld for tax liability rather than sold on February 27, 2024.
Summary
- Kevin Krumm, the EVP & Chief Financial Officer of APi Group Corp, filed an amended Form 4 with the SEC.
- The amendment corrects the transaction code of a transaction that occurred on February 27, 2024.
- The original filing incorrectly indicated a sale of shares, but the amended filing clarifies that 5,585 shares were withheld for tax liability at a price of $35.72.
- Following the transaction, Krumm directly owns 34,180 shares of APi Group Corp common stock.
Sentiment
Score: 7
Explanation: The document is a routine correction of a regulatory filing, indicating standard corporate governance. The sentiment is neutral to slightly positive as it reflects attention to detail and compliance.
Industry Context
Form 4 filings are standard practice for company insiders to report transactions in their company's stock, providing transparency to investors.
Stakeholder Impact
- The correction of the filing ensures accurate information for shareholders and potential investors.
Key Dates
| Date | Description |
|---|---|
| 02/27/2024 | Date of the transaction where shares were withheld for tax liability. |
| 02/28/2024 | Date of original filing. |
| 09/04/2024 | Date of the amended filing. |
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