Form 4: Apollo CFO Sells Shares, Gifts Stock in December 2025

Apollo Global Management CFO Kelly Martin reported the sale of 6,000 shares and gifts of 1,035 shares of common stock in early December 2025.

Summary

• Kelly Martin, Chief Financial Officer of Apollo Global Management, Inc. (APO), reported transactions involving the company's common stock.
• On December 1, 2025, Martin sold 6,000 shares of common stock at a weighted average price of $131.4056 per share, with prices ranging from $131.30 to $131.56.
• Also on December 1, 2025, Martin gifted 575 shares of common stock.
• On December 3, 2025, Martin gifted an additional 460 shares of common stock.
• Following these transactions, Martin directly beneficially owns 324,569 shares of common stock.
• The reported direct beneficial ownership includes 243,455 vested and unvested restricted stock units (RSUs) granted under the Apollo Global Management, Inc. 2019 Omnibus Equity Incentive Plan.
• Martin also indirectly beneficially owns 25,035 shares held by the 2025 Martin Kelly Gift Trust, for which immediate family members are beneficiaries and Martin exercises sole voting and investment control.

Sentiment

Score: 4

Explanation: The sale of shares by a Chief Financial Officer, while potentially for personal financial planning, can be interpreted as a slightly negative signal by the market. The gifts are neutral to slightly negative in terms of direct impact on the company's stock.

Negatives

• An insider sale of 6,000 shares, valued at approximately $788,433, could be perceived as a slight negative signal by some investors, although it represents a small portion of total holdings.

Related Party Transactions

• Kelly Martin gifted 1,035 shares of common stock to the 2025 Martin Kelly Gift Trust, a trust for which members of Martin's immediate family are beneficiaries and over which Martin exercises sole voting and investment control.

Stakeholder Impact

• Shareholders may note the insider selling activity, which could lead to minor shifts in market sentiment regarding the stock.

Key Dates

Recommendation

While insider selling can sometimes be a bearish signal, the reported transactions represent a relatively small portion of the CFO's total beneficial ownership. Without additional context on the company's performance or strategic direction, a Form 4 alone is insufficient to warrant a strong buy or sell recommendation. Investors should consider this information alongside broader financial analysis and market conditions.

Keywords

Apollo Global Management, APO, Insider Transaction, Form 4, Stock Sale, Stock Gift, Chief Financial Officer, Kelly Martin, Restricted Stock Units