Form 4: Apollo Global Executive's Routine Tax Withholding

Grant Kvalheim, CEO of Athene Holding Ltd., reported a disposition of Apollo Global Management shares for tax obligations.

Summary

• Grant Kvalheim, an Officer and CEO of Athene Holding Ltd., reported a transaction involving Apollo Global Management, Inc. (APO) common stock.
• On February 17, 2026, 5,042 shares of common stock were disposed of at a price of $132.43 per share.
• This disposition was a 'F' transaction code, indicating shares were withheld by the Issuer to satisfy tax withholding obligations related to an equity plan.
• Following this transaction, Kvalheim beneficially owns 2,171,518 shares of common stock, which includes 471,812 vested and unvested restricted stock units (RSUs).

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral event, as it represents a routine, non-discretionary transaction for tax purposes rather than a strategic move or a reflection of company performance.

Future Outlook

NA

Industry Context

StockSavvy.ai notes that Form 4 filings detailing tax withholdings are a common and routine occurrence for executives receiving equity compensation. Such transactions typically do not reflect a discretionary sale or signal a change in management's long-term view of the company's prospects.

Related Party Transactions

• The disposition of shares was part of an equity plan administered by Apollo Global Management, Inc., involving the withholding of shares to satisfy tax obligations for an executive.

Stakeholder Impact

• Shareholders: Minimal direct impact as this is a routine, non-discretionary transaction by an executive for tax purposes, not a sale reflecting a change in investment sentiment.

Key Dates

Recommendation

This Form 4 filing reports a routine tax withholding transaction by an executive, which does not reflect a discretionary sale or provide new insights into the company's operational or financial performance. Therefore, it does not warrant a change in investment recommendation.

Keywords

Apollo Global Management, APO, Form 4, Insider Transaction, Grant Kvalheim, Tax Withholding, Equity Plan, Athene Holding