4/A: Apollo Global Management CFO Adjusts Holdings

Kelly Martin, CFO of Apollo Global Management, filed an amendment to a Form 4 to correct previously reported shareholdings.

Summary

• This filing is an amendment to a previously filed Form 4 by Kelly Martin, Chief Financial Officer of Apollo Global Management, Inc.
• The amendment corrects the reporting person's beneficial ownership of common stock.
• A prior Form 4 filed on June 10, 2026, reported a gift of 1300 shares made on June 9, 2026.
• Due to an administrative error, this gift could not be completed, and the shares were returned to the reporting person.
• This amendment effectively revokes the Form 4 filed on June 10, 2026.
• The reporting person's current holdings include 401,067 shares of common stock directly.
• Additionally, 25,035 shares are held indirectly through the 2025 Martin Kelly Gift Trust.
• The reported amount of directly held shares includes 304,581 vested and unvested restricted stock units (RSUs) granted under the Apollo Global Management, Inc. 2019 Omnibus Equity Incentive Plan.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this filing as neutral, as it is an administrative correction of a prior filing and does not indicate new strategic information or significant changes in beneficial ownership beyond what was initially intended.

Positives

• The reporting person has corrected an administrative error, ensuring accurate reporting of beneficial ownership.
• The CFO continues to hold a significant number of shares, indicating continued investment in the company.
• The majority of directly held shares (304,581) are in the form of RSUs, which are typically tied to continued service and performance.

Negatives

• An administrative error led to an incorrect initial filing, requiring an amendment.
• The intended gift of 1300 shares could not be completed due to this error.

Risks

• Potential for further administrative errors in reporting, although this amendment aims to rectify a past one.
• The indirect ownership through a trust may introduce complexities in understanding ultimate beneficial ownership, though the reporting person exercises sole control.

Future Outlook

No specific future outlook or guidance is provided in this filing, as it pertains to a correction of past transactions and holdings.

Management Comments

• "This amendment is being filed to correct the balance of shares held by the reporting person."
• "On June 10, 2026, a Form 4 was filed, reporting a gift of 1300 shares made by the reporting person on June 9, 2026."
• "Due to an administrative error by no fault of the reporting person, this reported gift was unable to be completed and the shares were returned to the reporting person."
• "Accordingly, this Form 4 amendment effectively revokes the Form 4 filed on June 10, 2026."

Industry Context

StockSavvy.ai notes that Form 4 filings are standard for insiders of publicly traded companies to report changes in their beneficial ownership. This amendment highlights the importance of accuracy in these disclosures, even for routine transactions.

Related Party Transactions

• The 2025 Martin Kelly Gift Trust, where the reporting person exercises sole voting and investment control and for which immediate family members are beneficiaries, holds 25,035 shares indirectly.

Stakeholder Impact

• Shareholders: Increased confidence in the accuracy of insider reporting.
• Management: Reinforces the need for meticulous record-keeping and reporting processes.

Next Steps

• Ensure all future SEC filings are accurate and reflect the correct beneficial ownership.
• Maintain accurate records of all transactions and holdings.

Key Dates

Keywords

Apollo Global Management, Form 4, SEC Filing, Insider Trading, Beneficial Ownership, Restricted Stock Units, Kelly Martin, CFO, Equity Incentive Plan, Stock Holdings