Form 4: Ian G.H. Ashken Reports Changes in Beneficial Ownership of APi Group Corp (APG)

Director Ian G.H. Ashken reports acquisition of restricted stock units and updates on beneficial ownership of APi Group Corp shares.

Summary

• On May 16, 2025, Ian G.H. Ashken, a director of APi Group Corp, filed a Form 4 detailing changes in his beneficial ownership of the company's securities.
• Ashken acquired 3,160 restricted stock units (RSUs) on May 16, 2025, which vest on May 16, 2026, and represent a contingent right to receive one share of APi Group Corp's common stock each.
• He also holds 3,810 restricted stock units that vest on June 14, 2025.
• Ashken's indirect holdings include 3,389 shares of common stock and 768,000 shares of Series A Preferred Stock held by Mariposa Acquisition IV, LLC, and 5,612,102 shares of common stock held by IGHA Holdings, LLLP.
• Additionally, he indirectly holds 32,010 shares through the Ian G.H. Ashken Living Trust and 200,000 shares jointly with the Nancy K. Ashken Living Trust.
• The Series A Preferred Stock is convertible into common stock on a one-for-one basis and will automatically convert on the last day of the seventh full financial year of the Issuer following October 1, 2019.

Sentiment

Score: 6

Explanation: Neutral sentiment as the document primarily reports changes in ownership, with no explicit positive or negative indicators.

Positives

• The acquisition of restricted stock units suggests confidence in the company's future performance.

Future Outlook

The vesting of restricted stock units is contingent upon the Reporting Person's continuous service with the Issuer.

Industry Context

Form 4 filings are standard practice for company insiders to report changes in their ownership, providing transparency to investors.

Stakeholder Impact

• The filing provides transparency to shareholders regarding insider ownership.

Key Dates

Keywords

beneficial ownership, Form 4, APi Group Corp, APG, restricted stock units, common stock, Series A Preferred Stock, insider trading