Apollo Global Management (APO) holder files to sell 2M shares worth $255.98M
Rhea-AI Filing Summary
A shareholder of Apollo Global Management, Inc. has filed a notice to sell up to 2,000,000 shares of common stock through Wells Fargo Securities, LLC on the NYSE, with a stated aggregate market value of $255,980,000.00 as of the filing. The shares are part of a larger position originally acquired as merger consideration on January 1, 2022, when 67,776,773 shares were received. Apollo Global Management reports 576,517,513 shares of common stock outstanding; this is a baseline figure, not the amount being sold.
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Key Figures
Planned shares to be sold: 2,000,000 shares
Aggregate market value of planned sale: $255,980,000.00
Shares outstanding: 576,517,513 shares
+2 more
5 metrics
Planned shares to be sold
2,000,000 shares
Common stock to be sold through Wells Fargo Securities, LLC on NYSE
Aggregate market value of planned sale
$255,980,000.00
Value associated with 2,000,000 shares of common stock
Shares outstanding
576,517,513 shares
Apollo Global Management, Inc. common stock outstanding
Shares acquired via merger consideration
67,776,773 shares
Common stock received on 01/01/2022 as merger consideration
Planned sale date
08/07/2026
Proposed date for sale of common stock on NYSE
Key Terms
merger consideration, Securities To Be Sold, Securities Sold During The Past 3 Months
3 terms
merger consideration financial
"Merger consideration. See Remarks."
Merger consideration is the total payment a company or buyer offers to shareholders of a target company in exchange for combining the two businesses, and can include cash, shares in the surviving company, debt assumption, or a mix of these. Investors care because the form and amount affect the deal’s value, tax consequences, immediate cash received versus future ownership, and the risk and upside of holding new shares — similar to choosing between cash now or stock that could grow later.
Securities To Be Sold regulatory
"144: Securities To Be Sold Common Stock | 01/01/2022 | Merger"
Securities Sold During The Past 3 Months regulatory
"144: Securities Sold During The Past 3 Months 144: Remarks and Signature"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What stock sale is being planned in Apollo Global Management (APO)'s Form 144?
A shareholder plans to sell up to 2,000,000 shares of Apollo Global Management, Inc. common stock. The planned sale has a stated aggregate market value of $255,980,000.00 and is expected to occur on the NYSE through Wells Fargo Securities, LLC.
Who is the broker for the planned Apollo Global Management (APO) stock sale?
The planned sale will be executed through Wells Fargo Securities, LLC. The broker is listed in connection with the proposed sale of 2,000,000 shares of Apollo Global Management, Inc. common stock on the NYSE under this notice.