Form 4: Apollo Global Management's Co-President Scott Kleinman Reports Changes in Beneficial Ownership

Scott Kleinman, Co-President of Apollo Global Management, filed a Form 4 detailing changes in his beneficial ownership of the company's stock due to transactions including the acquisition and disposal of shares and restricted stock units.

Summary

• Scott Kleinman, Co-President of Apollo Global Management, filed a Form 4 with the SEC.
• The filing reports changes in his beneficial ownership of Apollo Global Management's common stock.
• On August 14, 2024, Kleinman acquired 12,202 shares of common stock at a price of $107.5492 per share.
• On August 16, 2024, he disposed of 36,279 shares at $0.
• The filing also details ownership through various entities including Heathcote Capital Partners LP, HCM APO Series LLC (Series A, B, and C), KRT Investments LLC, The Kleinman Children's Trust, The Kleinman Descendant's GST-Exempt Trust, KRT Delaware LLC, KRT Investments VII LLC, and KRT Investments IX LLC.
• Kleinman directly owns 4,692,393 shares of common stock, including vested and unvested restricted stock units (RSUs).
• He also indirectly owns shares through various trusts and investment vehicles.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing, so the sentiment is neutral. It simply reports transactions and holdings.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the trading activities of company insiders. This filing indicates changes in the holdings of a key executive at Apollo Global Management.

Key Dates