Form 4: Apollo Global Management Director Clayton Walter Joseph III Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Director Clayton Walter Joseph III reports acquisition and disposal of Apollo Global Management, Inc. common stock and restricted stock units.
Summary
- On July 1, 2024, Clayton Walter Joseph III, a director of Apollo Global Management, Inc., reported changes in beneficial ownership.
- He acquired 2,123 restricted stock units (RSUs) under the company's 2019 Omnibus Equity Incentive Plan.
- The reported amount includes 7,036 RSUs granted under the Plan.
- He also disposed of 31,860 shares of common stock.
Sentiment
Score: 5
Explanation: This is a neutral report of transactions, not indicative of positive or negative sentiment.
Future Outlook
The RSUs vest in installments according to the award agreement, contingent on continued service as a director. The associated shares will be issued upon termination of service as a member of the Board of Directors.
Industry Context
This filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their transactions in the company's securities. It's a standard practice for directors and officers to report changes in their beneficial ownership.
Stakeholder Impact
- The transactions reported may have a minor impact on shareholders due to the change in ownership by a director.
Key Dates
| Date | Description |
|---|---|
| 07/01/2024 | Date of transaction involving common stock and restricted stock units. |
| 07/03/2024 | Date of signature for the report. |
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