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

James Richard Belardi, a director at Apollo Global Management, reported changes in beneficial ownership of common stock due to tax withholding obligations and holdings through various trusts.

Summary

• On February 7, 2025, James Richard Belardi, a director and officer (CEO of Athene Holding Ltd.) of Apollo Global Management, Inc., reported changes in his beneficial ownership of the company's common stock.
• 43,799 shares were disposed of to satisfy tax withholding obligations related to the delivery of shares under an equity plan.
• Following the transaction, Belardi directly owns no shares, but indirectly owns 249,766 shares through the James and Leslie Belardi Family Trust, 155,981 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, 524,489 shares through JB Athene Investments III, LLC, 1,478,185 shares through JB Athene Investments IV, LLC, 500 shares through his son, and 500 shares through his daughter.
• The reported amount includes 86,755 restricted stock units (RSUs) representing the contingent right to receive shares of Apollo Global Management, Inc.

Sentiment

Score: 5

Explanation: This is a neutral filing related to standard insider transactions for tax purposes. It doesn't indicate positive or negative sentiment about the company's performance.

Industry Context

This filing is a routine disclosure related to changes in beneficial ownership by a company insider, as required by the SEC. It doesn't necessarily reflect a change in the company's overall prospects but provides transparency into the transactions of key personnel.

Key Dates

Keywords

beneficial ownership, Apollo Global Management, James Richard Belardi, Form 4, equity plan, restricted stock units, RSUs, tax withholding, Athene Holding Ltd.