Form 4: Apollo CFO Martin's Tax Withholding on Equity Awards
Insider Transaction Report
Apollo Global Management's CFO, Kelly Martin, reported a routine tax withholding of 3,629 shares related to equity awards.
Summary
- Kelly Martin, Chief Financial Officer of Apollo Global Management, Inc. (APO), reported a transaction on February 18, 2026.
- The transaction involved the disposition of 3,629 shares of Common Stock at a price of $132.43 per share.
- These shares were withheld by Apollo Global Management to satisfy tax withholding obligations associated with share awards granted under the 2019 Omnibus Equity Incentive Plan.
- Following this transaction, Kelly Martin directly beneficially owns 408,637 shares of Common Stock, which includes 304,584 vested and unvested restricted stock units (RSUs).
- Additionally, Kelly Martin indirectly beneficially owns 25,035 shares of Common Stock through the 2025 Martin Kelly Gift Trust, over which sole voting and investment control is exercised.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral event. It is a routine administrative transaction related to executive compensation and tax obligations, carrying no inherent positive or negative implications for the company's operational or financial performance.
Future Outlook
The filing does not contain any forward-looking statements or guidance regarding the company's future performance or strategic direction.
Industry Context
StockSavvy.ai notes that routine Form 4 filings detailing tax withholdings on equity awards are common for executives in the financial services industry, particularly for large asset managers like Apollo Global Management. These transactions typically reflect the vesting of previously granted compensation and are not indicative of broader industry trends or strategic shifts.
Related Party Transactions
- 25,035 shares are indirectly held by the 2025 Martin Kelly Gift Trust, a trust over which the reporting person exercises sole voting and investment control and for which members of the reporting person's immediate family are beneficiaries.
Stakeholder Impact
- Shareholders: Minimal direct impact as this is a routine executive compensation-related transaction and not a sale for personal gain or a change in company fundamentals.
- Employees: No direct impact beyond the reporting person.
Key Dates
| Date | Description |
|---|---|
| 02/18/2026 | Date of transaction where shares were withheld for tax obligations related to equity awards. |
| 02/20/2026 | Date the Form 4 was signed by the reporting person's attorney-in-fact. |
Keywords
Apollo Global Management, APO, Kelly Martin, CFO, Form 4, Insider Transaction, Equity Awards, Tax Withholding, Restricted Stock Units, Beneficial Ownership
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