Insider trade

Director sold ~$10.5M of APG shares in the open market

Traded Nov 3, 2025 · Filed Nov 5, 2025

Why it stands out

A board member of APi sold $10.5M of APi shares. It was planned long ago, so it says very little.

Written from the filing's own figures. OQRO describes what was reported and never tells you what to buy or sell

View the official recordSEC Form 4 — Statement of Changes in Beneficial Ownership

All the details

DirectorIndirect holding$1M+Pre-arranged plan referenced

Classification

open market sale

Code S — open-market or private sale

Absolute commitment

~$10,483,404

Shares × reported transaction price

Timing vs results

4 days after results of Oct 30, 2025, 106 days before results of Feb 17, 2026

Results dates are the company's own 8-K (Item 2.02). Many companies only let insiders trade in a window after results

Planned / mechanical clue

Footnote references a pre-arranged trading plan (Rule 10b5-1)

Only flagged when a footnote says so; never inferred

After	Stock	S&P 500	Difference
7 days	+4.0%	+0.3%	+3.8%
30 days	+7.8%	+2.0%	+5.9%
90 days	+16.9%	+2.4%	+14.6%
180 days	+26.4%	+8.0%	+18.4%

Past results only. Not a forecast.

The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by MEF Holdings LLLP on May 8, 2025.
Represents the weighted average price of the shares sold on November 3, 2025. The prices of the shares sold pursuant to the transactions ranged from $35.6365 to $36.635 per share. MEF Holdings LLLP, upon request, will provide the Securities and Exchange Commission staff, the Issuer or a security holder of the Issuer full information regarding the number of shares sold at each separate price.
The shares of Common Stock reported herein are held directly by MEF Holdings, LLLP, the general partner of which is wholly-owned by the Martin E. Franklin Revocable Trust, of which Mr. Franklin is the sole settlor and trustee. Mr. Franklin disclaims beneficial ownership of any shares except to the extent of his pecuniary interest therein.