Form 4: APi Group Director Thomas Milroy Reports Routine Stock Transactions Following RSU Vesting

APi Group Corporation Director Thomas V. Milroy reported the settlement of restricted stock units into common stock and subsequent tax-related share withholding on June 14, 2025.

Summary

• On June 14, 2025, APi Group Corporation Director Thomas V. Milroy had 3,810 restricted stock units (RSUs) settled for an equal number of shares of the Issuer's Common Stock.
• Following the RSU settlement, 2,040 shares of Common Stock were withheld by the Issuer to cover tax liabilities, a standard practice.
• The shares withheld for tax were valued at $47.85 per share.
• After these transactions, Mr. Milroy's direct beneficial ownership of Common Stock increased to 53,013 shares.
• Mr. Milroy retains 3,160 restricted stock units that are scheduled to vest on May 16, 2026, subject to his continuous service with the Issuer.

Sentiment

Score: 5

Explanation: The document reports a routine insider transaction related to equity compensation, which is neither significantly positive nor negative for the company's outlook.

Positives

• Director Thomas V. Milroy's direct beneficial ownership of APi Group Common Stock increased to 53,013 shares after the RSU settlement, indicating continued equity alignment with shareholders.
• The vesting of restricted stock units demonstrates the company's commitment to its long-term equity compensation plan for directors.

Negatives

• A portion of the vested shares (2,040 shares) were withheld by the Issuer to cover tax liabilities, which is a standard procedure but results in a reduction of the total shares received by the director from the RSU settlement.

Future Outlook

Director Thomas V. Milroy has 3,160 restricted stock units that are scheduled to vest on May 16, 2026, contingent upon his continuous service with APi Group Corporation.

Stakeholder Impact

• Shareholders: The transaction reflects a director's continued equity alignment with the company, which can be viewed positively as it aligns the director's interests with shareholder value.
• Employees: No direct impact on general employees is indicated by this filing.

Next Steps

• Vesting of 3,160 restricted stock units on May 16, 2026, subject to continuous service.

Key Dates

Keywords

APi Group Corp, APG, Thomas V Milroy, Director, SEC Form 4, Insider Transaction, Restricted Stock Units, RSU Vesting, Common Stock, Equity Compensation, Share Withholding