Form 4: APi Group Director Anthony Malkin Reports RSU Conversion and Updated Share Holdings

Anthony E. Malkin, a Director and 10% Owner of APi Group Corp, reported the settlement of 6,306 restricted stock units into common stock, along with his updated direct and indirect beneficial ownership.

Summary

• Anthony E. Malkin, a Director and 10% Owner of APi Group Corp (APG), reported a transaction on June 14, 2025, involving the settlement of restricted stock units.
• A total of 6,306 restricted stock units (RSUs) were settled for an equal number of shares of APi Group's Common Stock.
• Following this transaction, Mr. Malkin directly beneficially owns 93,916 shares of Common Stock.
• He also indirectly beneficially owns 83,400 shares through one limited liability company and 27,800 shares through another limited liability company, bringing his total reported beneficial ownership to 205,116 shares.
• Mr. Malkin disclaims beneficial ownership of the shares held by the limited liability companies except to the extent of his pecuniary interest therein.
• Additionally, Mr. Malkin holds 5,229 unvested restricted stock units that are scheduled to vest on May 16, 2026, contingent upon his continuous service with the Issuer.

Sentiment

Score: 5

Explanation: The document reports a routine insider transaction (RSU settlement) which is a neutral event and does not inherently indicate positive or negative sentiment regarding the company's performance or outlook.

Related Party Transactions

• Indirect beneficial ownership of 83,400 shares and 27,800 shares is held by limited liability companies where the Reporting Person is the manager, and members include immediate family members, trusts for their benefit, and entities owned or controlled by immediate family members. The Reporting Person disclaims beneficial ownership except to the extent of his pecuniary interest.

Stakeholder Impact

• Shareholders: The transaction represents a routine increase in the number of shares held by a director and 10% owner, which is a standard compensation event and does not significantly alter the company's capital structure or shareholder value.
• Employees: The vesting of restricted stock units is part of the company's compensation structure for executives, which can be a positive for employee retention and alignment of interests.

Next Steps

• 5,229 restricted stock units are scheduled to vest on May 16, 2026, subject to continuous service with the Issuer.

Key Dates

Keywords

APi Group Corp, APG, Anthony E. Malkin, SEC Form 4, Insider Transaction, Restricted Stock Units, RSU Settlement, Beneficial Ownership, Director, 10% Owner