Form 4: Apollo Global Management Director James Belardi Reports Changes in Beneficial Ownership

James Belardi, a director at Apollo Global Management, filed a Form 4 detailing changes in his beneficial ownership of the company's stock due to a gift.

Summary

• On September 12, 2024, James Richard Belardi, a director and officer (CEO of Athene Holding Ltd.) of Apollo Global Management, Inc., reported a change in his beneficial ownership of the company's common stock.
• The transaction involved a gift of 36,202 shares of common stock.
• Following the transaction, Belardi directly owns no shares but indirectly owns 558,380 shares through JB Athene Investments III, LLC, 272,483 shares through the James and Leslie Belardi Family Trust, 157,481 shares through the Belardi 2019 GST Non-Exempt Descendants Trust, 1,870,597 shares through JB Athene Investments, LLC, 1,523,410 shares through JB Athene Investments II, LLC and 1,478,185 shares through JB Athene Investments IV, LLC.
• The reported amount includes 153,690 restricted stock units (RSUs).

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing (Form 4) detailing a change in beneficial ownership. It doesn't inherently convey positive or negative sentiment.

Industry Context

Form 4 filings are standard practice for company insiders to report changes in their ownership of company stock, ensuring transparency and compliance with SEC regulations.

Key Dates