Form 4: Apollo Commercial Real Estate Finance CEO Sells Shares Under 10b5-1 Plan

Stuart Rothstein, President & CEO of Apollo Commercial Real Estate Finance, Inc., sold 52,074 shares of common stock at an average price of $9.99 on March 17, 2025, under a pre-arranged Rule 10b5-1 trading plan.

Summary

• On March 17, 2025, Stuart Rothstein, the President & CEO of Apollo Commercial Real Estate Finance, Inc. (ARI), sold 52,074 shares of the company's common stock.
• The sale was executed at a weighted average price of $9.99 per share, with individual transactions ranging from $9.92 to $10.09.
• The transaction was conducted under a Rule 10b5-1 trading plan adopted on November 13, 2024.
• Following the reported transaction, Rothstein still beneficially owns 385,928 shares, which includes 210,122 restricted stock units (RSUs) that vest in installments.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing related to an insider stock sale under a pre-arranged plan. It doesn't inherently indicate positive or negative sentiment, but rather a routine transaction.

Industry Context

Sales by company executives are a normal part of corporate governance. The fact that the sale was executed under a 10b5-1 plan suggests that the executive is selling shares on a pre-planned schedule to avoid any accusations of insider trading.

Stakeholder Impact

• The stock sale could have a minor impact on shareholders, potentially creating slight downward pressure on the stock price in the short term.

Key Dates

Keywords

Form 4, Apollo Commercial Real Estate Finance, ARI, Stuart Rothstein, Stock Sale, Rule 10b5-1, Insider Trading, Restricted Stock Units, RSUs