Form 4: APi Group Corp Executive Louis Lambert Reports Stock Transactions

Louis Lambert, SVP, Gen Counsel & Secretary of APi Group Corp, reports the acquisition and disposal of common stock and restricted stock units.

Summary

• On February 27, 2024, Louis Lambert, SVP, Gen Counsel & Secretary of APi Group Corp, reported transactions involving the company's stock.
• 4,982 restricted stock units were settled for an equal number of shares of APi Group Corp's common stock.
• 2,561 shares were withheld for tax liability at a price of $35.72.
• Following these transactions, Lambert directly owns 8,754 shares of common stock.
• Lambert also acquired 10,758 restricted stock units on February 26, 2024, which vest in equal installments on March 1, 2025, March 1, 2026, and March 1, 2027.
• Additionally, Lambert holds 9,963 restricted stock units that vest in equal installments on February 27, 2024, February 27, 2025, and February 27, 2026.

Sentiment

Score: 5

Explanation: This is a routine disclosure of stock transactions by a company executive. It doesn't inherently indicate positive or negative sentiment, but rather provides factual information.

Industry Context

Form 4 filings are standard practice and provide transparency into the transactions of company insiders, allowing investors to track management's sentiment and actions regarding their company's stock.

Stakeholder Impact

• Shareholders can use this information to understand the actions of company insiders.
• The transactions have a minor impact on the overall shareholding structure.

Key Dates