Kristina M. Morton - 24 Feb 2026 Form 4 Insider Report for APi Group Corp (APG)

Role: SVP and Chief People Officer
Signature: /s/ Louis B. Lambert, Attorney-in-Fact
Issuer symbol: APG
Transactions as of: 24 Feb 2026
Net transactions value: -$1,086,688
Form type: 4
Filing time: 26 Feb 2026, 16:48:02 UTC
Previous filing: 11 Mar 2025
Next filing: 03 Mar 2026
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
MORTON KRISTINA M	SVP and Chief People Officer	C/O API GROUP CORP, 1100 OLD HIGHWAY 8 NW, NEW BRIGHTON	/s/ Louis B. Lambert, Attorney-in-Fact	26 Feb 2026	0001910212

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	APG	Common Stock	Options Exercise	$0	+50,902	+66%	$0.000000	128,595	24 Feb 2026	Direct	F1, F2, F3
transaction	APG	Common Stock	Tax liability	$1,086,688	-24,154	-19%	$44.99	104,441	24 Feb 2026	Direct	F4
holding	APG	Common Stock						953	24 Feb 2026	By 401(k) Plan	F2, F5

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	APG	Performance Stock Units	Award	$0	+14,004		$0.000000	14,004	24 Feb 2026	Common Stock	14,004		Direct	F6
transaction	APG	Restricted Stock Units	Award	$0	+9,336		$0.000000	9,336	24 Feb 2026	Common Stock	9,336		Direct	F7, F8
transaction	APG	Performance Stock Units	Options Exercise	$0	-27,381	-100%	$0.000000	0	24 Feb 2026	Common Stock	27,381		Direct	F9
holding	APG	Restricted Stock Units						6,084	24 Feb 2026	Common Stock	6,084		Direct	F2, F7, F10
holding	APG	Performance Stock Units						19,880	24 Feb 2026	Common Stock	19,880		Direct	F2, F11
holding	APG	Restricted Stock Units						8,836	24 Feb 2026	Common Stock	8,836		Direct	F2, F7, F12
holding	APG	Performance Stock Units						21,210	24 Feb 2026	Common Stock	21,210		Direct	F2, F13
holding	APG	Restricted Stock Units						14,141	24 Feb 2026	Common Stock	14,141		Direct	F2, F7, F14

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The number of shares of the Issuer's Common Stock were acquired pursuant to the settlement of a performance share unit award (the "2023 PSUs"). The number of shares of Common Stock that were earned at the end of the performance period was increased based on results of the performance condition.
F2	Amount has been adjusted pursuant to a three-for-two stock dividend effected on June 30, 2025.
F3	Includes 491 shares acquired under the Issuer's employee stock purchase plan.
F4	Shares withheld for tax liability.
F5	These shares are held in the Reporting Person's account under the Issuer's Profit Sharing & 401(k) Plan.
F6	Represents an award of performance stock units (the "2026 PSUs"). The 2026 PSUs will have a performance period beginning January 1, 2026 and ending December 31, 2028. The number of shares of the Issuer's Common Stock that will be earned at the end of the performance period is subject to increase or decrease based on results of the performance condition. The Reporting Person is voluntarily reporting the 2026 PSUs, which are not a derivative security.
F7	Each restricted stock unit represents a contingent right to receive one share of the Issuer's Common Stock.
F8	These restricted stock units vest in equal installments on March 1, 2027, March 1, 2028, and March 1, 2029.
F9	Represents an award of performance stock units (the "2023 PSUs"). The 2023 PSUs will have a performance period beginning January 1, 2023 and ending December 31, 2025 and to the extent earned will vest 100% on December 31, 2025. The number of shares of the Issuer's Common Stock that will be earned at the end of the performance period is subject to increase or decrease based on results of the performance condition. The Reporting Person is voluntarily reporting the 2023 PSUs, which are not a derivative security.
F10	These restricted stock units vest in equal installments on February 27, 2024, February 27, 2025, and February 27, 2026.
F11	Represents an award of performance stock units (the "2024 PSUs"). The 2024 PSUs will have a performance period beginning January 1, 2024 and ending December 31, 2026 and to the extent earned will vest 100% on December 31, 2026. The number of shares of the Issuer's Common Stock that will be earned at the end of the performance period is subject to increase or decrease based on results of the performance condition. The Reporting Person is voluntarily reporting the 2024 PSUs, which are not a derivative security.
F12	These restricted stock units vest in equal installments on March 1, 2025, March 1, 2026, and March 1, 2027.
F13	Represents an award of performance stock units (the "2025 PSUs"). The 2025 PSUs will have a performance period beginning January 1, 2025 and ending December 31, 2027. The number of shares of the Issuer's Common Stock that will be earned at the end of the performance period is subject to increase or decrease based on results of the performance condition. The Reporting Person is voluntarily reporting the 2025 PSUs, which are not a derivative security.
F14	These restricted stock units vest in equal installments on March 1, 2026, March 1, 2027, and March 1, 2028.