Form 4: Apollo Global Management Director Receives Restricted Stock Unit Grant

Marc A. Beilinson, a Director at Apollo Global Management, Inc., was granted 1,446 restricted stock units as part of the company's 2019 Omnibus Equity Incentive Plan.

Summary

• Marc A. Beilinson, a Director of Apollo Global Management, Inc. (APO), was granted 1,446 restricted stock units (RSUs) on July 1, 2025.
• These RSUs were issued under the Apollo Global Management, Inc. 2019 Omnibus Equity Incentive Plan.
• Each RSU represents the contingent right to receive one share of common stock of the Issuer upon vesting.
• The RSUs are scheduled to vest in installments, contingent on Mr. Beilinson remaining in service through the applicable vesting dates.
• Following this transaction, Mr. Beilinson's beneficial ownership totals 113,707 shares, which includes 5,282 RSUs.

Sentiment

Score: 7

Explanation: The filing reports a routine equity grant to a director, which is a positive sign of continued alignment between management and shareholder interests, and a standard compensation practice. No negative or unexpected information is present.

Positives

• The grant of restricted stock units to a director aligns their long-term interests with those of shareholders, incentivizing sustained performance.
• The transaction is part of an established equity incentive plan, indicating a structured and routine approach to executive and director compensation.

Risks

• The vesting of the restricted stock units is contingent on the reporting person remaining in service through the applicable vesting dates, meaning forfeiture could occur if service ceases prematurely.

Future Outlook

The restricted stock units are scheduled to vest in installments in accordance with the terms of the applicable RSU award agreement, provided the director remains in service through the specified vesting dates.

Industry Context

Equity grants, such as Restricted Stock Units (RSUs), are a common form of executive and director compensation within the financial services industry, particularly for alternative asset managers like Apollo Global Management. These grants are designed to align the interests of key personnel with long-term shareholder value creation, reflecting standard practices in competitive talent markets.

Comparison to Industry Standards

• The grant of restricted stock units (RSUs) to directors is a standard compensation practice in the financial services industry, comparable to practices at peer firms such as Blackstone, KKR, and Carlyle Group, which also utilize equity-based incentives to retain and motivate key personnel.
• The $0 acquisition price for RSUs is typical for equity awards that vest over time, representing compensation rather than a direct cash purchase.
• The vesting schedule, while not fully detailed, is expected to be consistent with multi-year vesting periods commonly observed in similar firms to ensure long-term commitment and retention.

Stakeholder Impact

• Shareholders: The grant of RSUs to a director aligns their interests with long-term shareholder value creation, as the value of the RSUs is directly tied to the company's stock performance.
• Employees: The grant is part of an equity incentive plan, which can signal a commitment to performance-based compensation across the organization, potentially impacting employee morale and retention.

Next Steps

• The restricted stock units will vest in installments according to the terms of the applicable RSU award agreement.
• Marc A. Beilinson must remain in service through the applicable vesting dates to receive the shares.

Key Dates

Recommendation

Keywords

Apollo Global Management, APO, Restricted Stock Units, RSU, Equity Incentive Plan, Director Compensation, Insider Transaction, SEC Form 4