Form 4: Apollo Global Management Executive Reports Tax Withholding Share Disposal
SEC Form 4 Filing
Louis-Jacques Tanguy, Chief Accounting Officer & Controller of Apollo Global Management, reports disposition of shares to cover tax obligations.
Summary
- On May 10, 2024, Louis-Jacques Tanguy, Chief Accounting Officer & Controller of Apollo Global Management, Inc., reported a transaction involving the disposal of 1,187 shares of common stock.
- The shares were withheld by Apollo Global Management to satisfy tax withholding obligations related to the delivery of shares granted under the company's 2019 Omnibus Equity Incentive Plan.
- The transaction price was $109.46 per share.
- Following the transaction, Tanguy directly owns 25,603 shares of Apollo Global Management, Inc., which includes 16,119 vested and unvested restricted stock units (RSUs).
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing related to executive compensation and does not inherently convey positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of executive compensation and provide transparency into the transactions of company insiders.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a routine disposal of shares for tax purposes.
Key Dates
| Date | Description |
|---|---|
| 05/10/2024 | Date of the transaction (share disposal for tax withholding). |
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