STOCK TITAN

Apollo Global Management (APO) holder files to sell 2M shares worth $255.98M

(Neutral)
(Neutral)
Form Type
144

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.

Positive

  • None.

Negative

  • None.
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
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.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google
Learn about SEC filing dates

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.

What is the total value of Apollo Global Management (APO) shares covered by this planned sale?

The filing covers a planned sale valued at $255,980,000.00. This value is based on 2,000,000 shares of Apollo Global Management, Inc. common stock proposed to be sold through Wells Fargo Securities, LLC on the NYSE.

How many Apollo Global Management (APO) shares are outstanding according to this filing?

Apollo Global Management, Inc. reports 576,517,513 shares of common stock outstanding. This figure provides context for the company’s capital structure and is separate from the 2,000,000 shares covered by the planned sale notice.

When were the Apollo Global Management (APO) shares being sold originally acquired?

The shares proposed for sale were originally acquired on January 1, 2022 as merger consideration. On that date, the selling holder received 67,776,773 shares of Apollo Global Management, Inc. common stock in connection with a merger.

On which exchange will the Apollo Global Management (APO) shares be sold under this notice?

The planned sale of Apollo Global Management, Inc. shares is to take place on the NYSE. Wells Fargo Securities, LLC is listed as the broker handling up to 2,000,000 shares of common stock covered by this Form 144 notice.

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.

144: Filer Information

144: Issuer Information

144: Securities Information



Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold


* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.



Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

144: Remarks and Signature