APi Group Corp (APG)

AI-Powered SEC Filing Analysis

Current Report Filed: 2026-04-30

Key Insights

  • APi Group announced Q1 2026 financial results on April 30, 2026, with the detailed earnings report furnished as a press release exhibit but not yet disclosed in this filing itself.
  • The filing was signed by Glenn David Jackola, Executive Vice President and Chief Financial Officer, indicating proper authorization and governance procedures were followed.
  • This is a routine quarterly earnings announcement filed under Item 2.02, with the substantive financial information furnished as an exhibit rather than embedded in the 8-K, limiting immediate visibility of performance metrics or guidance changes.
Quarterly Report Filed: 2026-04-30

Key Insights

  • The 10-Q filing covers Q1 2026 (January 1 - March 31, 2026) with filing date of April 30, 2026, indicating timely quarterly reporting compliance for APi Group Corp.
  • The filing structure shows multiple operating segments including Life Safety, Infrastructure and Utility, Fabrication and Distribution, and Specialty Contracting, with further breakdowns by Safety Services and Specialty Services, suggesting a diversified business model across different service lines.
  • The company has active ongoing restructuring programs (2022 Restructuring Program noted with employee severance accruals) and recent acquisition activity (CertaSite LLC acquisition on February 2, 2026, and other individually immaterial business acquisitions), indicating management focus on portfolio optimization and strategic growth.
  • The presence of preferred stock series (Series A Preferred Stock) alongside common stock equity structure indicates a potentially complex capital structure that may affect common shareholders' rights and dividend priorities.
  • International operations are evident with references to EUR and CAD currencies alongside USD, plus geographic segments including Americas and France operations, suggesting material international business exposure requiring currency and geopolitical risk management.
Insider Trading Filed: 2026-03-19

Key Insights

  • Martin E. Franklin, a 10% owner of APi Group Corp (APG), sold 3,000,000 shares of common stock on March 19, 2026 at $40.88 per share.
  • Franklin also holds shares indirectly through entities like MEF Holdings, LLLP, Mariposa Acquisition IV, LLC, and Brimstone Investments, LLC, indicating a significant ownership stake in the company.
  • The filing indicates that Franklin has the ability to exercise voting and investment power over the shares held by Mariposa Acquisition IV, LLC, which includes both common stock and convertible Series A preferred stock.
Insider Trading Filed: 2026-02-26

Key Insights

  • The reporting person, Glenn David Jackola, is the EVP & Chief Financial Officer of APi Group Corp (APG), indicating his position as a key executive at the company.
  • Jackola acquired 17,862 shares of APG common stock through the settlement of a performance stock unit award, and disposed of 7,886 shares to cover tax liabilities, suggesting he is holding a significant equity stake in the company.
  • The filing discloses additional grants of performance stock units and restricted stock units to Jackola, aligning his incentives with long-term shareholder value creation.
Insider Trading Filed: 2026-02-26

Key Insights

  • Russell A. Becker, the President and CEO of APi Group Corp, acquired 407,205 shares of the company's common stock through the settlement of a performance stock unit award.
  • Becker also sold 200,343 shares to cover tax liabilities, reducing his direct ownership to 2,425,699 shares.
  • In addition to his direct holdings, Becker has indirect ownership of shares held in various trusts and his 401(k) plan, totaling over 2.8 million shares.
Insider Trading Filed: 2026-02-26

Key Insights

  • Insider Louis Lambert, the SVP, General Counsel & Secretary, exercised 62,511 performance stock units and sold 22,000 shares of APi Group Corp (APG) on February 24-26, 2026.
  • Lambert also holds additional performance stock units and restricted stock units that will vest over the next several years, indicating continued alignment with the company's long-term performance.
  • The sale of 22,000 shares at an average price of $44.71 suggests Lambert is taking some profits, but still maintains a significant direct ownership stake in the company.
Insider Trading Filed: 2026-02-26

Key Insights

  • The reporting person, Kristina M. Morton, acquired 50,902 shares of common stock through the settlement of a performance stock unit award, and sold 24,154 shares to cover tax liabilities.
  • The reporting person also received awards of 14,004 performance stock units and 9,336 restricted stock units, which will vest over the next few years.
  • The reporting person holds a significant number of shares and equity awards, indicating their strong alignment with the company's long-term success.
Insider Trading Filed: 2026-02-26

Key Insights

  • The reporting person, James Arseniadis, the VP & Chief Accounting Officer of APi Group Corp, has acquired 10,718 shares of common stock through the settlement of a performance stock unit award, increasing his direct ownership to 22,613 shares.
  • Arseniadis has also sold 4,987 shares to cover tax withholding obligations, reducing his direct ownership to 17,626 shares.
  • In addition to the common stock, Arseniadis holds various equity awards, including performance stock units and restricted stock units, which provide him with further exposure to the company's stock performance.
Insider Trading Filed: 2026-01-09

Key Insights

  • Martin E. Franklin, who is a director and 10% owner of APi Group Corp, has reported disposing of 499,680 shares of the company's common stock. This represents a significant reduction in his direct ownership stake.
  • The shares were disposed of at no cost, suggesting a potential transfer or gift rather than a sale transaction. This may indicate a shift in Franklin's investment strategy or portfolio rebalancing.
  • Investors should monitor any further changes in Franklin's ownership position, as significant insider selling can sometimes signal potential concerns or changes in the company's outlook.
Insider Trading Filed: 2026-01-09

Key Insights

  • Insider James E. Lillie, a director of APi Group Corp, has made significant sales of the company's common stock in 2024 and 2025, reducing his beneficial ownership by over 365,000 shares.
  • The reported transactions were direct gift transfers and not open market sales, potentially indicating a planned or periodic reduction in Lillie's stake in the company.
  • No information is provided on Lillie's remaining beneficial ownership or any changes since the last reported transaction on December 31, 2025, limiting the ability to assess the full scope of his insider activity.
Insider Trading Filed: 2026-01-09

Key Insights

  • Anthony E. Malkin, a director of APi Group Corp, has been purchasing the company's common stock through various entities he controls, acquiring a total of 7,000 shares over a three-week period in late 2025.
  • Malkin's insider buying, which accounts for a significant portion of the company's outstanding shares, suggests he is bullish on the future prospects of APi Group.
  • The company also granted Malkin 7,844 restricted stock units that vest in May 2026, further aligning his interests with those of shareholders.
Current Report Filed: 2026-01-02

Key Insights

  • APi Group Corporation announced a stock dividend of 15,212,810 shares of common stock with respect to its outstanding 4,000,000 shares of Series A preferred stock.
  • The dividend was triggered by the volume weighted average share price of the common stock over the last 10 trading days of 2025 exceeding the previously calculated annual dividend price.
  • The stock dividend will increase the total number of common shares outstanding to approximately 431,128,083 shares.
Insider Trading Filed: 2026-01-02

Key Insights

  • Insider Martin E. Franklin, a 10% owner of APi Group Corp, engaged in significant transactions including receiving a stock dividend, making transfers to employees, and making pro rata distributions to entities he controls.
  • The transactions indicate ongoing ownership and control of a large stake in the company by Franklin and his affiliated entities.
  • The conversion and eventual automatic conversion features of the Series A Preferred Stock held by Franklin's entities suggest a long-term investment strategy in APi Group Corp.
Insider Trading Filed: 2026-01-02

Key Insights

  • The reporting person, James E. Lillie, is a director of APi Group Corp (APG) and has indirect beneficial ownership of a significant number of the company's common and preferred shares through his ownership interest in Mariposa Acquisition IV, LLC.
  • Lillie has received a stock dividend on his Series A Preferred shares, and has also made some transfers and distributions of the company's common stock, likely for tax planning or liquidity purposes.
  • The report indicates that Lillie holds a substantial investment in APi Group, with over 10 million common shares and 1.15 million Series A Preferred shares beneficially owned.
Insider Trading Filed: 2026-01-02

Key Insights

  • Insider Ian Ashken acquired over 2.9 million additional shares of APi Group Corp, indicating a bullish view on the company's prospects.
  • Ashken holds a significant indirect ownership stake in APi Group through various trusts and investment vehicles, suggesting he has strong influence over the company.
  • The company issued a stock dividend to holders of its Series A Preferred Stock, a shareholder-friendly action that could boost investor confidence.

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Important Information

AI-generated analysis is for informational purposes only. Always read original SEC filings and consult with qualified professionals before making investment decisions.