Form 4: APi Group Officer Gifts Shares, Details Equity Holdings

APi Group's VP & Chief Accounting Officer, James Arseniadis, reported a future gift of 946 common shares and detailed his extensive equity holdings, including various performance and restricted stock units.

Summary

• James Arseniadis, VP & Chief Accounting Officer of APi Group Corp (APG), reported a planned disposition of 946 shares of common stock via gift, scheduled for November 5, 2025.
• This transaction was made pursuant to a Rule 10b5-1(c) plan, indicating a pre-arranged sale or disposition.
• Following the planned transaction, Mr. Arseniadis will beneficially own 11,170 shares directly and 846 shares indirectly through a 401(k) Plan.
• The filing also details significant holdings of performance stock units (PSUs) and restricted stock units (RSUs), which are voluntarily reported.
• These include 5,765 2023 PSUs vesting on December 31, 2025, 3,773 2024 PSUs vesting on December 31, 2026, and 4,592 2025 PSUs with a performance period ending December 31, 2027.
• Additionally, Mr. Arseniadis holds 1,281 RSUs vesting in equal installments on February 27, 2024, 2025, and 2026; 1,678 RSUs vesting on March 1, 2025, 2026, and 2027; 4,172 RSUs vesting on January 1, 2026, 2027, and 2028; and 3,062 RSUs vesting on March 1, 2026, 2027, and 2028.

Sentiment

Score: 5

Explanation: The filing reports a pre-planned gift of a relatively small number of shares by an executive, which is a neutral event for the company's stock price. The executive retains substantial equity holdings, aligning interests with shareholders.

Positives

• The substantial holdings of Performance Stock Units (PSUs) and Restricted Stock Units (RSUs) align the executive's long-term interests with shareholder value, as their value is tied to company performance and continued service.
• The transaction being executed under a Rule 10b5-1 plan demonstrates a structured and pre-planned approach to equity management by the executive.

Negatives

• The planned gift of 946 shares of common stock will result in a slight reduction in the executive's direct beneficial ownership.

Future Outlook

This filing primarily details insider equity transactions and holdings, not a future outlook for the company's financial performance. It does, however, outline the future vesting schedules for various performance and restricted stock units held by the executive, which extend through early 2028.

Related Party Transactions

• A planned disposition of 946 shares of common stock via gift at a price of $0, which is characteristic of a gift transaction.

Stakeholder Impact

• Shareholders: Minimal direct impact from a small, pre-planned executive gift. The executive's continued substantial equity holdings maintain alignment of interests.
• Employees: No direct impact on the broader employee base is indicated by this filing.

Next Steps

• Execution of the planned gift of 946 common shares on November 5, 2025.
• Continued vesting of various tranches of Restricted Stock Units (RSUs) on their scheduled dates through March 2028.
• Achievement of performance conditions and subsequent vesting of Performance Stock Units (PSUs) on their scheduled dates through December 2027.

Key Dates

Keywords

APi Group Corp, APG, Form 4, Insider Transaction, Beneficial Ownership, Restricted Stock Units, Performance Stock Units, Executive Compensation, Rule 10b5-1 Plan