Form 4: Apollo Global Director Gifts Shares to Family

James Richard Belardi, a Director and Officer of Apollo Global Management, reported gifting common stock to family trusts and individuals.

Summary

• James Richard Belardi, a Director, 10% Owner, and CEO of Athene Holding Ltd. for Apollo Global Management, Inc. (APO), reported changes in beneficial ownership.
• On December 2, 2025, Belardi disposed of 1,500 shares of Common Stock via gift (G) at a price of $0.
• On the same date, 500 shares of Common Stock were acquired by his son via gift (G) at a price of $0.
• Also on December 2, 2025, 500 shares of Common Stock were acquired by his daughter via gift (G) at a price of $0.
• Following these transactions, Belardi's beneficial ownership includes 154,481 shares indirectly held by Belardi 2019 GST Non-Exempt Descendants Trust, 1,000 shares indirectly held by his son, and 1,000 shares indirectly held by his daughter.
• Direct ownership stands at 50,000 shares of Common Stock.
• Indirect ownership also includes 86,755 shares (including Restricted Stock Units) by James and Leslie Belardi Family Trust, 1,870,597 shares by JB Athene Investments, LLC, 1,523,410 shares by JB Athene Investments II, LLC, 637,500 shares by JB Athene Investments III, LLC, 1,478,185 shares by JB Athene Investments IV, LLC, and 304.8255 shares by his mother.

Sentiment

Score: 5

Explanation: This Form 4 reports a routine insider gift transaction, which is generally neutral for the company's stock performance and does not indicate any change in operational or financial outlook.

Industry Context

This is a routine insider transaction report (Form 4) detailing a gift of shares by a director and officer, which is a common occurrence for high-net-worth individuals for estate planning purposes. It does not reflect on the operational or financial performance of Apollo Global Management, Inc. or broader industry trends.

Related Party Transactions

• Gifts of common stock to Belardi 2019 GST Non-Exempt Descendants Trust.
• Gifts of common stock to the reporting person's son.
• Gifts of common stock to the reporting person's daughter.

Stakeholder Impact

• Shareholders: Minimal direct impact as this is a gift transaction at $0, not a market sale or purchase. It represents a transfer of beneficial ownership within the insider's family structure.
• Reporting Person: Adjusts the direct and indirect beneficial ownership of James Richard Belardi and his family members/trusts.

Key Dates

Keywords

Apollo Global Management, APO, Form 4, Insider Transaction, Stock Gift, Beneficial Ownership, James Richard Belardi, Athene Holding