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

Scott Kleinman, Co-President of Apollo Global Management, reports acquisition of shares and adjustments to beneficial ownership through various entities.

Summary

• On May 14, 2025, Scott Kleinman, Co-President of Apollo Global Management, reported changes in his beneficial ownership of Apollo Global Management, Inc. stock.
• He acquired 3,966 shares of common stock at a price of $136.02 per share.
• The shares were issued under the Apollo Global Management, Inc. 2019 Omnibus Equity Incentive Plan for Estate Planning Vehicles and vest in installments.
• Kleinman's reported direct holdings include 4,676,291 shares of common stock, including vested and unvested restricted stock units (RSUs).
• He also has indirect holdings through various entities such as Heathcote Capital Partners LP, KRT Investments LLC, KRT Investments VII LLC, KRT Investments IX LLC, KRT Delaware LLC, HCM APO Series LLC (Series A, B, and C), The Kleinman Children's Trust, and The Kleinman Descendant's GST-Exempt Trust.
• He disclaims beneficial ownership of securities held by KRT Investments LLC and KRT Delaware LLC, except to the extent of his direct or indirect pecuniary interest in Investments IX.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing, so the sentiment is neutral. It simply reports changes in ownership.

Positives

• The acquisition of shares by a high-ranking executive could be interpreted as a positive signal about the company's prospects.

Industry Context

Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.

Comparison to Industry Standards

• Form 4 filings are a standard regulatory requirement for publicly traded companies in the United States, ensuring transparency regarding insider transactions.
• Similar filings are made by executives at companies like Blackstone, KKR, and The Carlyle Group, reflecting their individual investment decisions and ownership stakes.

Stakeholder Impact

• The filing provides transparency to shareholders regarding the ownership stake of a key executive.

Key Dates

Keywords

beneficial ownership, Apollo Global Management, Scott Kleinman, Form 4, equity incentive plan, restricted stock units, common stock, holdings