Form 4: Apollo Global Management's President James C. Zelter Reports Changes in Beneficial Ownership

James C. Zelter, President of Apollo Global Management, reports changes in his beneficial ownership of the company's common stock due to tax withholding obligations and holdings through various investment vehicles.

Summary

• On May 9, 2025, James C. Zelter, President of Apollo Global Management, reported changes in his beneficial ownership of the company's common stock.
• 2,902 shares were withheld by Apollo Global Management to cover tax obligations related to the delivery of shares granted under the 2019 Omnibus Equity Incentive Plan.
• The withholding price was $133.98 per share.
• Zelter's direct holdings after the transaction amount to 5,051,943 shares, including 4,877,778 vested and unvested restricted stock units (RSUs).
• He 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.
• The reported amount includes 4,877,778 vested and unvested restricted stock units ('RSUs') granted under the Plan.

Sentiment

Score: 5

Explanation: This is a neutral regulatory filing detailing standard transactions related to stock-based compensation and tax obligations. It doesn't inherently indicate positive or negative sentiment.

Industry Context

Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company executives and directors. This filing indicates standard tax-related stock withholding.

Comparison to Industry Standards

• Form 4 filings are standard practice for publicly traded companies and their executives.
• The reported transactions are typical for executives who receive stock-based compensation.

Stakeholder Impact

• The transaction has a minimal direct impact on stakeholders as it primarily reflects internal tax obligations of a company executive.

Key Dates

Keywords

beneficial ownership, Apollo Global Management, James C. Zelter, Form 4, stock, RSUs, tax withholding, Zelter APO Series LLC, GRAT