MALKIN ANTHONY E 4
4 · APi Group Corp · Filed May 19, 2026
Research Summary
AI-generated summary of this filing
APi Group (APG) Director Anthony Malkin Receives & Converts RSUs
What Happened
Anthony E. Malkin, a director of APi Group Corp. (APG), had 7,844 restricted stock units (RSUs settle into shares) convert into 7,844 shares on May 16, 2026 (exercise/conversion, code M). He was also granted 6,590 RSUs on May 15, 2026 (award, code A). All transactions show $0.00 per share and no cash proceeds reported.
Key Details
- Transaction dates and types:
- 2026-05-15: Grant/award of 6,590 RSUs (code A) — $0.00 per share. (These RSUs vest on May 15, 2027 subject to continued service — see F6.)
- 2026-05-16: Conversion/settlement of 7,844 RSUs into 7,844 shares (code M) — $0.00 per share. The same 7,844 shares also appear as disposed the same day in the filing (code M) — $0.00 per share. Footnote F1 confirms settlement of 7,844 RSUs into shares on May 16, 2026 and footnote F7 notes those RSUs vested on that date.
- Shares owned after the transactions: not explicitly totaled in the excerpt provided; the filing shows the settlement and an immediate disposition but does not state post-transaction total share count.
- Notable footnotes:
- F1: 7,844 RSUs settled for an equal number of shares on May 16, 2026.
- F5–F7: Each RSU equals one contingent share; vesting schedules noted (one grant vests 5/16/2026, another vests 5/15/2027).
- F2–F4: Some shares are held by LLCs of which Mr. Malkin is manager; he disclaims beneficial ownership of those LLC-held securities except to the extent of pecuniary interest.
- Timeliness: Filing dated May 19, 2026 (covers transactions through May 16, 2026). The Form 4 was filed shortly after the transactions and is presented as current in the filing.
Context
RSUs are a form of equity award that convert to shares upon vesting; the filing shows one tranche vested/was settled on May 16, 2026 and another, newly granted tranche, vests one year later. The same-day conversion and reported disposition of 7,844 shares show no open-market sale proceeds in this filing — the document does not specify the reason for the disposition (e.g., transfer to entity, tax withholding, or other), so no inference about trading intent should be made.
Insider Transaction Report
- Exercise/Conversion
Common Stock
[F1]2026-05-16+7,844→ 148,718 total - Award
Restricted Stock Units
[F5][F6]2026-05-15+6,590→ 6,590 total→ Common Stock (6,590 underlying) - Exercise/Conversion
Restricted Stock Units
[F5][F7]2026-05-16−7,844→ 0 total→ Common Stock (7,844 underlying)
- 125,100(indirect: By LLC)
Common Stock
[F2] - 41,700(indirect: By LLC)
Common Stock
[F3] - 7,000(indirect: By LLC)
Common Stock
[F4]
Footnotes (7)
- [F1]On May 16, 2026, 7,844 of the Reporting Person's restricted stock units were settled for an equal number of shares of the Issuer's Common Stock.
- [F2]These shares are held by a limited liability company, of which the Reporting Person is the manager, and the members of which include immediate family members of the Reporting Person, trusts for the benefit of the Reporting Person and his immediate family members, and entities owned or controlled by immediate family members of the Reporting Person. The Reporting Person disclaims beneficial ownership of the securities held by such limited liability company except to the extent of his pecuniary interest therein.
- [F3]These shares are held by a limited liability company, of which the Reporting Person is the manager, and the members of which include trusts for the benefit of immediate family members of the Reporting Person. The Reporting Person disclaims beneficial ownership of the securities held by such limited liability company except to the extent of his pecuniary interest therein.
- [F4]These shares are held by a limited liability company, of which the Reporting Person is the manager, and the members of which include entities owned or controlled by the Reporting Person and immediate family members of the Reporting Person. The Reporting Person disclaims beneficial ownership of the securities held by such limited liability company except to the extent of his pecuniary interest therein.
- [F5]Each restricted stock unit represents a contingent right to receive one share of the Issuer's Common Stock.
- [F6]These restricted stock units vest on May 15, 2027, which is the one-year anniversary of the grant date, subject to the Reporting Person's continuous service with the Issuer as of the vesting date.
- [F7]These restricted stock units vest on May 16, 2026, which is the one-year anniversary of the grant date, subject to the Reporting Person's continuous service with the Issuer as of the vesting date.