Form 4: Apollo Global Management Co-President John P. Zito Reports Tax Withholding Transaction

John P. Zito, Co-President of Apollo Asset Management, reports the withholding of shares by Apollo Global Management to cover tax obligations related to equity incentive plan shares.

Summary

• On February 28, 2025, Apollo Global Management withheld 22,228 shares of common stock from John P. Zito to satisfy tax withholding obligations.
• The shares were withheld at a price of $162.06 per share.
• Following the transaction, Zito directly owns 2,984,830 shares of Apollo Global Management common stock, which includes 2,878,105 vested and unvested restricted stock units (RSUs).
• These RSUs were granted under the Apollo Global Management, Inc. 2019 Omnibus Equity Incentive Plan and vest in installments, contingent upon continued service.

Sentiment

Score: 5

Explanation: This is a routine regulatory filing related to tax obligations, and it doesn't inherently indicate positive or negative sentiment.

Industry Context

Form 4 filings are standard disclosures required by the SEC when company insiders, like officers and directors, trade in their company's stock. This filing indicates a routine transaction related to tax obligations from vested equity.

Key Dates

Keywords

Apollo Global Management, John P. Zito, Form 4, Tax Withholding, Equity Incentive Plan, RSUs, Beneficial Ownership, Co-President, Apollo Asset Management