Form 4: Apollo Global Management Co-President James Zelter Sells Shares

James Zelter, Co-President of Apollo Global Management, reports the sale of common stock in multiple transactions on August 23, 2024.

Summary

• On August 23, 2024, James C. Zelter, Co-President of Apollo Global Management, sold shares of the company's common stock.
• The sales were executed in multiple transactions at varying prices.
• A total of 15,609 shares were sold at a weighted average price of $110.1899.
• An additional 525 shares were sold at a weighted average price of $109.1306.
• Furthermore, 81,138 shares were sold at a weighted average price of $110.171.
• Another 2,728 shares were sold at a weighted average price of $109.1306.
• Following these transactions, Zelter directly owns 5,706,477 shares and indirectly owns 781,722 shares through The James C. Zelter 2023 GRAT No. 1 and 1,112,500 through Zelter APO Series LLC.
• The reported amount includes 4,951,549 vested and unvested restricted stock units (RSUs).

Sentiment

Score: 5

Explanation: This is a neutral disclosure of stock sales. The sentiment is neither positive nor negative without additional context.

Industry Context

This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. Investors often monitor these filings for insights into management's perspective on the company's stock.

Stakeholder Impact

• The stock sale could have a minor impact on shareholders, depending on the interpretation of the insider's actions.

Key Dates