Form 4: Apollo Co-President Zito Reports RSU Grant and Tax Withholding

Apollo Global Management Co-President John P. Zito reported the acquisition of 167,252 restricted stock units and the disposition of 27,876 shares for tax withholding purposes.

Summary

• John P. Zito, Co-President of Apollo Asset Management, Inc., acquired 167,252 shares of Common Stock in the form of Restricted Stock Units (RSUs) on February 10, 2026.
• These RSUs were granted under the Apollo Global Management, Inc. 2019 Omnibus Equity Incentive Plan and represent the contingent right to receive one share of common stock per vested RSU.
• Following this acquisition, Zito's beneficial ownership increased to 3,152,082 shares, which includes 3,045,357 vested and unvested RSUs.
• On February 11, 2026, Zito disposed of 27,876 shares of Common Stock at a price of $132.43 per share.
• This disposition was to satisfy minimum tax withholding obligations related to the delivery of shares granted under the Plan.
• After the tax-related disposition, Zito's beneficial ownership stands at 3,124,206 shares, including 2,994,951 vested and unvested RSUs.

Sentiment

Score: 6

Explanation: StockSavvy.ai views this as a neutral to slightly positive event. The RSU grant is a positive for executive alignment, but the overall transaction is routine and does not introduce new fundamental information.

Positives

• The grant of 167,252 Restricted Stock Units (RSUs) to Co-President John P. Zito aligns management's long-term interests with those of shareholders, incentivizing performance and retention.
• RSU grants are a standard component of executive compensation, reflecting ongoing commitment to key leadership.

Negatives

• The disposition of 27,876 shares was solely for tax withholding purposes, a routine event upon RSU vesting, and does not indicate a voluntary sale by the insider.

Future Outlook

The RSUs granted to John P. Zito will vest in installments according to the terms of the applicable RSU award agreement, contingent on his continued service through the vesting dates.

Industry Context

StockSavvy.ai notes that the grant of Restricted Stock Units (RSUs) is a prevalent form of long-term incentive compensation for executives across the financial services industry, particularly within alternative asset management firms like Apollo Global Management. This practice aims to align executive performance with shareholder value creation over multi-year periods.

Comparison to Industry Standards

• RSU grants are a common practice for executive compensation in the asset management sector, similar to firms like Blackstone, KKR, and Carlyle Group, which frequently use equity-based incentives to retain talent and align interests.
• The disposition of shares for tax withholding is a standard and expected event when equity awards vest, consistent with practices observed at most publicly traded companies globally.

Stakeholder Impact

• Shareholders: The RSU grant aligns the Co-President's financial interests with long-term shareholder value creation, potentially leading to more focused strategic decisions.
• Employees (specifically John P. Zito): The RSU grant serves as a significant component of his compensation, incentivizing retention and performance.

Next Steps

• The granted RSUs will vest in installments based on the terms of the RSU award agreement, provided John P. Zito remains in service.

Key Dates

Recommendation

This Form 4 filing details routine insider transactions related to executive compensation (RSU grant and tax withholding). It does not provide new fundamental information that would alter an investment thesis or warrant a change in recommendation for Apollo Global Management shares.

Keywords

Apollo Global Management, APO, Form 4, Insider Transaction, Restricted Stock Units, RSU, Executive Compensation, Equity Incentive Plan, Tax Withholding