SCHEDULE: T. Rowe Price Boosts API Group Stake to 6.7%

Sentiment:

Beneficial Ownership Disclosure


T. Rowe Price Associates, Inc. has disclosed an aggregate beneficial ownership of 6.7% of API Group Corp's common stock, totaling over 18.6 million shares.

Summary

  • T. Rowe Price Associates, Inc. reported beneficial ownership of 18,637,833 shares of API Group Corp common stock.
  • This represents 6.7% of the class of securities.
  • The filing is an Amendment No. 1 to a Schedule 13G.
  • The event requiring this filing occurred on June 30, 2025.
  • T. Rowe Price Associates, Inc. holds sole voting power over 18,102,018 shares and sole dispositive power over 18,579,264 shares.
  • The securities were acquired and are held in the ordinary course of business, not for the purpose of changing or influencing control of the issuer.

Sentiment

Score: 5

Explanation: Neutral. This is a routine disclosure of passive beneficial ownership by an institutional investor, indicating a continued stake in the company without any stated intent to influence control.

Future Outlook

NA

Industry Context

This filing is a routine disclosure of a significant passive stake by a major institutional asset manager, T. Rowe Price Associates, Inc., in API Group Corp. It reflects T. Rowe Price's continued investment in the company within its portfolio management activities.

Stakeholder Impact

  • Shareholders: Provides transparency regarding a significant institutional holder's stake, confirming T. Rowe Price's continued investment in API Group Corp.

Key Dates

DateDescription
06/30/2025Date of event which required filing of this statement (beneficial ownership crossing 5% threshold).
08/14/2025Date of filing and signature.

Keywords

API Group Corp, T. Rowe Price Associates, Schedule 13G, Beneficial Ownership, Common Stock, Institutional Investor, SEC Filing

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