Director James E. Lillie files to sell 750k shares of APi Group ($33.3M)
APi Group Corp
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Filing Summary
Insider Sale Alert: APi Group Corp (APG)
Insider: James E. Lillie (Director) Shares: 750,000 Value: ~$33,345,000 Date: 2026-03-02 Plan: 10b5-1 (Adopted 05/08/2025)
Director James E. Lillie has filed a Form 144 to sell approximately $33.35M worth of stock. The shares are being sold indirectly via JTOO LLC, the Lillie Family Foundation, and joint holdings.
Comprehensive Analysis
Filing Analysis: APi Group Corp (APG)
Insider Activity: James E. Lillie, a Director of APi Group Corp, has filed a Form 144 notice of proposed sale for 750,000 shares of Common Stock.
Transaction Value: The aggregate market value of the shares to be sold is reported as $33,345,000, implying an approximate price per share of $44.46.
Context:
- Trading Plan: The sale is being conducted pursuant to a Rule 10b5-1 trading plan adopted on May 8, 2025. This indicates the sale was pre-scheduled and not necessarily a reaction to immediate market conditions.
- Ownership Structure: The remarks clarify that the shares are held indirectly through JTOO LLC (570,000 shares), the Lillie Family Foundation (30,000 shares), and jointly with Lisa Sheffield (150,000 shares).
- Acquisition: The shares were originally acquired in 2017 and 2019 via transfers from the issuer.
Significance: This is a high-value transaction exceeding $33 million. While executed under a 10b5-1 plan, the volume represents a significant liquidation of holdings associated with Mr. Lillie.
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