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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

(Name of Issuer)

(Title of Class of Securities)

(CUSIP Number)

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

Rule 13d-1(b)

Rule 13d-1(c)

Rule 13d-1(d)

SCHEDULE 13D/A 0000940603 XXXXXXXX LIVE 10 Common Stock, par value $0.0001 per share 12/31/2025 false 0001796209 00187Y100 APi Group Corporation 1100 Old Highway 8 NW New Brighton MN 55112 Mariposa Acquisition IV, LLC (786) 482-6333 c/o Mariposa Capital, LLC 500 South Pointe Drive, Suite 240 Miami Beach FL 33139 0000940603 N Sir Martin E. Franklin b OO N X0 55536501.00 0.00 33089118.00 0.00 55536501.00 N 12.7 IN Y Mariposa Acquisition IV, LLC b OO N DE 6137000.00 0.00 6137000.00 0.00 6137000.00 N 1.4 OO 0001725761 N MEF Holdings, LLLP b OO N DE 24240426.00 0.00 24240426.00 0.00 24240426.00 N 5.6 PN Y Brimstone Investments LLC b OO N DE 2711692.00 0.00 2711692.00 0.00 2711692.00 N 0.63 OO Common Stock, par value $0.0001 per share APi Group Corporation 1100 Old Highway 8 NW New Brighton MN 55112 This Amendment No. 10 (the "Amendment") amends the Statement on Schedule 13D, initially filed with the Securities and Exchange Commission (the "Commission") on April 29, 2020 (as amended by Amendment No. 1, filed on January 5, 2021, Amendment No. 2, filed on September 20, 2021, Amendment No. 3, filed on January 5, 2022, Amendment No. 4, filed on January 3, 2024, Amendment No. 5, filed on April 19, 2024, Amendment No. 6, filed on November 14, 2024, Amendment No. 7, filed on January 3, 2025, Amendment No. 8, filed on November 5, 2025, and Amendment No. 9, filed on January 2, 2026, the "Statement") with respect to the common stock, par value $0.0001 per share (the "Common Stock"), of APi Group Corporation, a Delaware corporation (the "Issuer"). The principal executive offices of the Issuer are located at 1100 Old Highway 8 NW, New Brighton, MN 55112. Unless specifically amended hereby, the disclosure set forth in the Statement shall remain unchanged. Capitalized terms used but not otherwise defined in this Amendment shall have the meanings set forth in the Statement. Paragraphs (a) - (b) of the Statement are hereby amended and restated in their entirety as follows: (a)-(b) As of the date hereof, Sir Martin beneficially owns 55,536,501 shares of Common Stock (which includes Series A Preferred Stock convertible into Common Stock within 60 days) consisting of - sole power to vote, or to direct the vote and sole power to dispose, or to direct the disposition of, 33,089,118 shares of Common Stock (which includes 4,000,000 shares of Series A Preferred Stock convertible into 6,000,000 shares of Common Stock within 60 days) controlled or held, directly or indirectly, by one or more of the Franklin Reporting Persons; and - sole power to vote, or to direct the vote, of 22,447,383 shares of Common Stock pursuant to the Proxy Agreement. The shares beneficially owned by Sir Martin consist of (i) 24,240,426 shares of Common Stock held directly by MEF Holdings (or approximately 5.6%), (ii) 2,711,692 shares of Common Stock held directly by Brimstone (or approximately 0.63%), (iii) 4,000,000 shares of Series A Preferred Stock held by Mariposa that are convertible at any time at the option of the holder into 6,000,000 shares of Common Stock and 137,000 shares of Common Stock held directly by Mariposa (or approximately 1.4% in the aggregate), and (iv) 22,447,383 shares of Common Stock which Sir Martin has the sole power to vote pursuant to the Proxy Agreement (or approximately 5.2%) (after giving effect to the disposition of shares of Common Stock subject to the Proxy Agreement). The percentages are calculated pursuant to Rule 13d-3(d) of the Exchange Act. See Item 5 (a). Paragraph (c) of the Statement is amended to add the following: On December 31, 2025, MEF Holdings LLLP gifted 499,680 shares of Common Stock to a 501(c)(3) private charitable foundation following which it no longer had any voting or dispositive power over such shares of Common Stock. Sir Martin E. Franklin /s/ Martin E. Franklin Sir Martin E. Franklin 01/09/2026 Mariposa Acquisition IV, LLC /s/ Martin E. Franklin Sir Martin E. Franklin/Manager 01/09/2026 MEF Holdings, LLLP /s/ Martin E. Franklin MEF Holdings, LLC, its general partner By: Mariposa Capital, LLC, the manager of MEF Holdings, LLC; Name: Sir Martin E. Franklin Title: CEO 01/09/2026 Brimstone Investments LLC /s/ Martin E. Franklin Sir Martin E. Franklin/Manager 01/09/2026