Form 4: Apollo CFO Martin Kelly Executes Stock Sale

Apollo Global Management CFO Martin Kelly sold 7,000 shares of common stock and gifted 570 shares in recent transactions.

Summary

• CFO Martin Kelly sold 7,000 shares of Apollo Global Management common stock on May 14, 2026, at a weighted average price of $134.6449.
• The reporting person gifted 415 shares on May 14, 2026, and 155 shares on May 15, 2026, for a total of 570 shares gifted.
• Following these transactions, the reporting person maintains direct beneficial ownership of 401,067 shares.
• The reporting person also maintains indirect ownership of 25,035 shares held by the 2025 Martin Kelly Gift Trust.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral event, as the transaction represents a routine divestment by an executive who retains a substantial ownership position.

Positives

• The reporting person retains a significant equity stake of 401,067 shares, demonstrating continued alignment with shareholder interests.

Negatives

• The sale of 7,000 shares by a key executive may be perceived by some market participants as a reduction in personal exposure to the company.

Risks

• Future vesting of restricted stock units (RSUs) is contingent upon the reporting person remaining in service through the applicable vesting dates.

Future Outlook

No specific forward-looking guidance regarding company performance was provided in this filing.

Industry Context

StockSavvy.ai notes that executive stock sales are common occurrences for liquidity or tax planning purposes and do not necessarily reflect a change in the executive's outlook on the company's long-term prospects.

Comparison to Industry Standards

• The transaction is consistent with standard executive compensation and liquidity management practices observed among major alternative asset managers like Blackstone and KKR.

Related Party Transactions

• The reporting person exercises control over the 2025 Martin Kelly Gift Trust, which holds 25,035 shares.

Stakeholder Impact

• Minimal impact expected as the transaction size is small relative to the total outstanding shares of the issuer.

Next Steps

• Future vesting of 304,581 RSUs subject to continued service.

Key Dates

Keywords

Apollo Global Management, APO, Insider Trading, Form 4, CFO, Equity Incentive Plan