{"schema_version":"secwatch.filing_event.v1","accession":"0001628280-25-026986","form_type":"8-K","ticker":"APG","cik":"0001796209","company_name":"APi Group Corp","filed_at":"2025-05-21T23:59:59+00:00","discovered_at":"2026-05-14T18:02:49.753092+00:00","generated_at":"2026-05-20T22:41:40.327773+00:00","sec_items":["7.01","9.01"],"event_type":"other_material","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"APi Group sets new 2028 targets ($10B+ revenue, 16%+ margin) and 3-for-2 stock split","bullets":["New 10/16/60+ framework: $10B+ net revenues, 16%+ adjusted EBITDA margin, 60%+ rev from inspection/service by 2028.","Expects cumulative adjusted free cash flow of $3.0B+ through 2028.","Reaffirms Q2 and full year 2025 financial guidance.","Board approves 3-for-2 stock split via dividend of 0.5 share per share; payable June 30, 2025 to holders of record June 16, 2025.","Post-split shares outstanding approx. 415 million; Series A preferred unchanged."],"urls":{"canonical":"https://secwatch.observer/filing/0001628280-25-026986","json":"https://secwatch.observer/filing/0001628280-25-026986.json","markdown":"https://secwatch.observer/filing/0001628280-25-026986.md","text":"https://secwatch.observer/filing/0001628280-25-026986.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1796209/000162828025026986/0001628280-25-026986-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1796209/000162828025026986/apg-20250521.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-20T22:41:40.327773+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}