Form 4: Apollo Global Management Director A.B. Krongard Reports Changes in Beneficial Ownership

Sentiment:

SEC Form 4 Filing


Director A.B. Krongard reports acquisition and disposal of Apollo Global Management, Inc. common stock and restricted stock units.

Summary

  • On July 1, 2024, A.B. Krongard, a director of Apollo Global Management, Inc., reported changes in beneficial ownership of the company's securities.
  • Krongard acquired 1,699 restricted stock units (RSUs) under the company's 2019 Omnibus Equity Incentive Plan.
  • The reported amount includes 4,143 RSUs granted under the Plan.
  • Krongard also reported indirect ownership of 113,043 shares held in the Cheryl Krongard Family Trust and 250,000 shares held in the Alvin B. Krongard Family Trust, disclaiming beneficial ownership except to the extent of his pecuniary interest.
  • Krongard disposed of an unspecified amount of common stock.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing, so the sentiment is neutral.

Industry Context

This filing is a routine disclosure related to changes in beneficial ownership by a company insider, as required by the SEC. It provides transparency to investors regarding the trading activities of company directors.

Stakeholder Impact

  • The filing provides transparency to shareholders regarding the trading activities of a company director.

Key Dates

DateDescription
07/01/2024Date of transaction: acquisition and disposal of securities.
07/03/2024Date of signature for the Form 4 filing.

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