Director James Lillie Sells $15.6M in APi Group Stock Under 10b5-1 Plan
APi Group Corp
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Filing Summary
Director James Lillie Sells $15.6M in APi Group Stock Under 10b5-1 Plan
Company: APi Group Corp (APG) Form: 4 | Filed: 2026/03/05 Significance: Low (Based on % of Market Cap)
Insider: LILLIE JAMES E Title: Director | Relationship: Director
Transaction: • Type: Sale (10b5-1 Plan) • Shares: 360,000 • Price: ~$43.49 (Weighted Avg) • Value: $15,655,216 • Owned After: ~10,887,921
Key Insight: While the absolute value ($15.6M) is substantial, it represents less than 0.1% of the company's $19.36B market cap and was executed under a pre-arranged trading plan.
Market Context: The transaction represents a trimming of approximately 3.2% of the insider's total holdings, leaving a massive position valued at over $470M.
Comprehensive Analysis
SEC Filing Analysis: APi Group Corp (APG)
Executive Summary
- Trading Significance: Low
- Key Takeaway: Director James Lillie executed a pre-planned sale of $15.6M in stock, representing a small fraction (<0.1%) of the company's market capitalization.
- Market Impact: Neutral. The sale was conducted under a Rule 10b5-1 trading plan adopted in May 2025, mitigating signaling risk.
Company Information
| Field | Value |
|---|---|
| Company | APi Group Corp |
| Ticker Symbol | APG |
| CIK | 0001796209 |
| Industry | Services to Dwellings & Other Buildings |
Insider Information
| Field | Value |
|---|---|
| Name | LILLIE JAMES E |
| CIK | 0001164470 |
| Title/Position | Director |
| Relationship | Director |
Transaction Details
| Field | Value |
|---|---|
| Form Type | 4 |
| Transaction Date | 2026-03-02 to 2026-03-04 |
| Transaction Code | S (Sale) |
| Security Type | Common Stock |
| Shares Involved | 360,000 |
| Price Per Share | ~$43.49 (Weighted Avg) |
| Total Value | $15,655,216 |
| Shares Owned After | 10,887,921 (Aggregate) |
| Ownership Type | Direct & Indirect (JTOO LLC) |
Financial Impact Assessment
Transaction Materiality
| Metric | Value |
|---|---|
| Transaction Value | $15,655,216 |
| % of Market Cap | 0.08% |
| Shares Transacted | 360,000 |
| % of Shares Outstanding | 0.08% |
| Post-Transaction Ownership | ~10.89M shares (2.52% of outstanding) |
| Materiality Assessment | Low |
Impact Evaluation
- Market Cap Context: With a market cap of $19.36 billion, a $15.6M transaction is financially immaterial to the company's valuation, representing just 0.08% of total value.
- Ownership Concentration: The insider retains a very significant stake of over 10.8 million shares (valued at ~$470M), indicating continued alignment with shareholders.
- Transaction Significance: The transaction falls below the 0.1% threshold for market cap and shares outstanding, categorizing it as low significance despite the high nominal dollar value.
Market Impact Analysis
Stock Impact Prediction
- Direction: Neutral
- Reasoning: The sale is routine, pre-planned (10b5-1), and represents a small percentage of the insider's total holdings (approx. 3.2% reduction).
Volume & Sentiment
- Expected Volume Impact: Negligible. 360,000 shares over three days is minimal liquidity impact for a company of this size.
- Sentiment Indicator: Neutral. There is no alarm signal here given the planned nature of the sale and the massive remaining holding.
Additional Context
Transaction Notes
- Special Circumstances: Footnote 1 indicates sales were effected pursuant to a Rule 10b5-1 trading plan adopted on May 9, 2025.
- Execution: The sales occurred over three consecutive days (March 2-4) at prices ranging from roughly $42.94 to $44.51.
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Important Disclaimer
This content is drawn from public SEC filings and may contain errors. It is for informational purposes only and is not investment, legal, or tax advice.
Nothing here is a recommendation to buy, sell, or hold any security. Do your own due diligence.