Apollo Global (APO) Files Form 144 for $2.25M Insider Share Sale
Rhea-AI Filing Summary
Apollo Global Management filed a Form 144 reporting an intended sale of 15,500 shares of common stock through Morgan Stanley Smith Barney LLC on the NYSE, with an aggregate market value of $2,249,229.80. The proposed sale date listed is 08/12/2025, and the company shows 572,026,735 shares outstanding.
The filing shows the shares were acquired on 02/12/2025 as compensation: 357 shares from restricted stock vesting and 15,143 from performance stock units, both noted as Services Rendered. No securities were reported sold in the past three months. The filer certifies they are not aware of any undisclosed material adverse information.
Positive
- None.
Negative
- None.
Insights
TL;DR: Insider disclosed a small, compensated-share sale; documentation is routine and appears immaterial to overall share capital.
The Form 144 notifies the market of an intended sale of 15,500 common shares valued at $2,249,229.80 via Morgan Stanley Smith Barney LLC with execution noted for 08/12/2025. Acquisition details are explicitly compensation-related: restricted stock vesting (357 shares) and performance stock units (15,143), both awarded on 02/12/2025 and paid as Services Rendered. The filing states no sales in the prior three months and includes the standard representation about undisclosed material adverse information. For investors, this is a transparent compliance disclosure rather than a clearly material corporate change.
TL;DR: Filing aligns with Rule 144 disclosure requirements and clarifies compensation origin of shares; sale size appears limited and routine.
This Form 144 identifies the broker, class, quantity, aggregate value, and source of the securities, meeting the disclosure elements required for proposed insider sales. The filing documents that the shares originated from company compensation on 02/12/2025 and that no related sales occurred in the prior three months. The inclusion of the filer representation about material adverse information is standard. From a governance perspective, the filing supports transparency without presenting immediate governance concerns based on the information provided.