Walker Cyrus D. 4

What Happened

• Director Cyrus D. Walker had restricted stock unit (RSU) activity in mid-May 2026. On May 15, 2026 Walker was granted 4,047 RSUs (derivative award). On May 16, 2026, 4,740 of his RSUs were settled (converted) into 4,740 shares of APi Group common stock and the filing reports a same‑day disposition of those 4,740 shares. All reported per-share prices in the Form 4 are $0.00 because these entries record RSU awards/settlements rather than a cash purchase price.

Key Details

• Transaction dates: RSU grant on 2026-05-15; RSU settlement/conversion and disposition on 2026-05-16. Form 4 filed 2026-05-19 (appears to be within the standard two business‑day filing window).
• Shares/units: 4,047 RSUs granted (acquired as derivative); 4,740 RSUs settled into 4,740 shares (acquired) and 4,740 shares reported disposed.
• Reported prices/values: $0.00 per share/unit in the filing (typical for RSU grants/settlements); no cash value shown in the provided excerpt.
• Footnotes of note: F1 confirms 4,740 RSUs were settled into shares on May 16, 2026. F2 notes amounts were adjusted for a three‑for‑two stock dividend effective June 30, 2025. F3 clarifies each RSU equals one share. F4/F5 show vesting schedules: the 4,047 RSUs vest May 15, 2027; the RSUs settled vested May 16, 2026.
• Shares owned after transaction: not specified in the provided filing excerpt.

Context

• These are derivative award transactions: RSUs are a promise to deliver shares upon vesting/settlement. The filing shows conversion of RSUs into shares and an immediate same‑day disposition of those settled shares (as reported). This can reflect routine post‑vesting actions (e.g., sale or transfer), but the Form 4 itself does not state the reason for the disposition.
• Granting of RSUs is compensation, not a purchase (not necessarily a bullish signal). Reported activity appears procedural (vesting/settlement and reported disposition) rather than an open‑market purchase.