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

James Zelter, a Director and President of Apollo Global Management, reported the acquisition of common stock and restricted stock units.

Summary

• On February 5, 2025, James Zelter acquired 60,828 shares of common stock and 86 shares of common stock.
• These acquisitions were in the form of restricted stock units (RSUs) granted under the Apollo Global Management, Inc. 2019 Omnibus Equity Incentive Plan.
• Following these transactions, Zelter directly owns 5,093,362 shares of common stock, including vested and unvested RSUs.
• Zelter also indirectly owns 999,940 shares through Zelter APO Series LLC, 161,232 shares through The James C. Zelter 2023 GRAT No. 1, and 621,165 shares through The James C. Zelter 2024 GRAT No.1.

Sentiment

Score: 6

Explanation: Neutral sentiment as it's a standard regulatory filing detailing changes in ownership. The acquisition of shares by an insider could be seen as a positive signal, but it's not overtly bullish.

Positives

• The acquisition of shares by a director and president may signal confidence in the company's future performance.

Future Outlook

The vesting schedule of the RSUs is dependent on the reporting person remaining in service.

Industry Context

Form 4 filings are standard disclosures required by the SEC when insiders of a company (officers, directors, or those holding more than 10% of the company's shares) buy or sell the company's securities.

Stakeholder Impact

• The reported transactions may have a minor positive impact on shareholder sentiment.

Key Dates