Form 4: Apollo Global Management CFO Transfers Shares to Family Trust

Apollo Global Management's Chief Financial Officer, Kelly Martin, has transferred 25,035 shares of common stock to a family gift trust, maintaining beneficial ownership.

Summary

• Kelly Martin, Chief Financial Officer of Apollo Global Management, Inc. (APO), reported a change in beneficial ownership of common stock.
• On May 28, 2025, Martin disposed of 25,035 shares of common stock directly at a price of $0.
• Concurrently, 25,035 shares of common stock were acquired indirectly by the 2025 Martin Kelly Gift Trust at a price of $0.
• The 2025 Martin Kelly Gift Trust is controlled by Kelly Martin, with immediate family members as beneficiaries.
• Following these transactions, Kelly Martin directly beneficially owns 347,899 shares of common stock, which includes 243,455 vested and unvested restricted stock units (RSUs).
• The RSUs represent the contingent right to receive one share of common stock for each vested RSU, vesting in installments based on continued service.
• Indirect beneficial ownership after the transaction is 25,035 shares held by the 2025 Martin Kelly Gift Trust.

Sentiment

Score: 5

Explanation: The sentiment is neutral as this is a personal financial planning transaction (a gift/transfer to a trust) by an insider, rather than a market-driven buy or sell, and does not reflect on the company's operational performance or outlook.

Future Outlook

This Form 4 filing does not contain any forward-looking statements or guidance regarding the company's future financial performance or strategic outlook.

Management Comments

• The transaction involves Kelly Martin, the Chief Financial Officer, transferring shares to a trust for which she exercises sole voting and investment control and where her immediate family members are beneficiaries.

Industry Context

This filing is a routine insider transaction report (Form 4) for a senior executive of a major global alternative investment manager. Such transfers to family trusts are common for personal financial planning and estate management among high-net-worth individuals, including corporate executives, and do not typically reflect broader industry trends or competitive positioning.

Related Party Transactions

• The transfer of 25,035 shares of common stock to the 2025 Martin Kelly Gift Trust, where the reporting person (Kelly Martin) exercises sole voting and investment control and immediate family members are beneficiaries, constitutes a related party transaction.

Stakeholder Impact

• Shareholders: Minimal direct impact as this is a transfer of existing shares between entities controlled by the same individual, not a sale into the open market or new issuance. It indicates continued beneficial ownership by a key executive.
• Employees: No direct impact mentioned.

Key Dates

Keywords

Apollo Global Management, APO, Kelly Martin, Chief Financial Officer, Form 4, SEC filing, beneficial ownership, stock transfer, gift trust, insider transaction