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[8-K] Apollo Global Management, Inc. Reports Material Event

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Rhea-AI Filing Summary

Hillenbrand, Inc. (HI) filed a Form 4 indicating that director Neil S. Novich received a total of 731 Restricted Stock Units (RSUs) on 30 June 2025. The RSUs were granted through the company’s deferred stock award program and conversion of deferred director fees, each carrying dividend-equivalent rights and issued at $0 cost. Depending on grant date, the RSUs either vest immediately or on the earlier of the next annual meeting or one year after grant, with share delivery deferred until Mr. Novich leaves the board or upon specific triggering events such as a change in control. No common-stock purchases or sales were reported, so cash flow and share count remain unaffected. Post-grant, the director’s beneficial holdings across award pools range between roughly 2,800 and 6,000 units, underscoring ongoing equity alignment with shareholders.

Hillenbrand, Inc. (HI) ha presentato un Modulo 4 che indica che il direttore Neil S. Novich ha ricevuto un totale di 731 Unità Azionarie Vincolate (RSU) il 30 giugno 2025. Le RSU sono state concesse attraverso il programma di premi azionari differiti della società e la conversione dei compensi differiti per i direttori, ciascuna con diritti equivalenti ai dividendi e emesse a costo zero. A seconda della data di assegnazione, le RSU maturano immediatamente o al più presto alla successiva assemblea annuale o un anno dopo l’assegnazione, con la consegna delle azioni differita fino a quando il signor Novich lascia il consiglio o in seguito a eventi specifici come un cambio di controllo. Non sono stati segnalati acquisti o vendite di azioni ordinarie, quindi i flussi di cassa e il numero di azioni rimangono invariati. Dopo l’assegnazione, le partecipazioni beneficiarie del direttore nei vari programmi di premi variano tra circa 2.800 e 6.000 unità, evidenziando un allineamento continuo del patrimonio con gli azionisti.

Hillenbrand, Inc. (HI) presentó un Formulario 4 que indica que el director Neil S. Novich recibió un total de 731 Unidades de Acciones Restringidas (RSU) el 30 de junio de 2025. Las RSU fueron otorgadas a través del programa de premios diferidos de acciones de la empresa y la conversión de honorarios diferidos para directores, cada una con derechos equivalentes a dividendos y emitidas a costo cero. Dependiendo de la fecha de concesión, las RSU se consolidan inmediatamente o en la fecha más próxima entre la siguiente junta anual o un año después de la concesión, con la entrega de acciones diferida hasta que el Sr. Novich deje el consejo o ante eventos específicos como un cambio de control. No se reportaron compras o ventas de acciones ordinarias, por lo que el flujo de efectivo y el recuento de acciones permanecen sin cambios. Después de la concesión, las participaciones beneficiarias del director en los distintos programas oscilan entre aproximadamente 2,800 y 6,000 unidades, subrayando una alineación continua con los accionistas.

Hillenbrand, Inc. (HI)는 2025년 6월 30일 이사 Neil S. Novich가 총 731개의 제한 주식 단위(RSU)를 받았음을 나타내는 양식 4를 제출했습니다. 이 RSU는 회사의 이연 주식 수여 프로그램과 이연 이사 수수료 전환을 통해 부여되었으며, 각각 배당금에 상응하는 권리가 포함되어 있고 무상으로 발행되었습니다. 부여일에 따라 RSU는 즉시 취득되거나 다음 연례 총회 또는 부여일로부터 1년 중 빠른 시점에 취득되며, 주식 인도는 Novich 이사가 이사회에서 물러나거나 지배권 변경과 같은 특정 발동 사건이 발생할 때까지 연기됩니다. 보통주 매수 또는 매도는 보고되지 않아 현금 흐름과 주식 수에는 영향이 없습니다. 부여 후 이사의 수상 풀 내 실질 보유량은 대략 2,800에서 6,000 단위 사이로 주주와의 지속적인 지분 정렬을 강조합니다.

Hillenbrand, Inc. (HI) a déposé un formulaire 4 indiquant que le directeur Neil S. Novich a reçu un total de 731 unités d’actions restreintes (RSU) le 30 juin 2025. Les RSU ont été attribuées via le programme d’attribution d’actions différées de la société et la conversion des honoraires différés des administrateurs, chacune comportant des droits équivalents aux dividendes et émises à coût nul. Selon la date d’attribution, les RSU sont soit acquises immédiatement, soit au plus tôt lors de la prochaine assemblée annuelle ou un an après l’attribution, avec une livraison des actions différée jusqu’au départ de M. Novich du conseil ou lors d’événements déclencheurs spécifiques tels qu’un changement de contrôle. Aucun achat ou vente d’actions ordinaires n’a été signalé, de sorte que les flux de trésorerie et le nombre d’actions restent inchangés. Après attribution, les avoirs bénéficiaires du directeur dans les différentes catégories de récompenses varient entre environ 2 800 et 6 000 unités, soulignant un alignement continu avec les actionnaires.

Hillenbrand, Inc. (HI) reichte ein Formular 4 ein, das angibt, dass Direktor Neil S. Novich am 30. Juni 2025 insgesamt 731 Restricted Stock Units (RSUs) erhalten hat. Die RSUs wurden im Rahmen des aufgeschobenen Aktienprämienprogramms des Unternehmens und der Umwandlung aufgeschobener Direktorenhonorare gewährt, jede mit dividendenähnlichen Rechten und zu Nullkosten ausgegeben. Je nach Gewährungsdatum werden die RSUs entweder sofort oder spätestens bei der nächsten Hauptversammlung oder ein Jahr nach Gewährung unverfallbar, wobei die Aktienauslieferung bis zum Ausscheiden von Herrn Novich aus dem Vorstand oder bei bestimmten auslösenden Ereignissen wie einem Kontrollwechsel aufgeschoben wird. Es wurden keine Käufe oder Verkäufe von Stammaktien gemeldet, sodass der Cashflow und die Aktienanzahl unverändert bleiben. Nach der Gewährung liegen die wirtschaftlichen Beteiligungen des Direktors in den verschiedenen Prämienpools zwischen etwa 2.800 und 6.000 Einheiten, was die fortlaufende Angleichung der Beteiligung an den Aktionären unterstreicht.

Positive
  • 731 RSUs acquired by the director at no cost, increasing equity stake and aligning interests with shareholders.
Negative
  • None.

Insights

TL;DR: Routine equity grant; neutral signal.

The filing shows 731 new RSUs granted to director Novich, consistent with regular board compensation practices. Because the grant is at $0 and involves no market transaction, it neither alters liquidity nor signals a directional view on the stock. The disclosure is informational with limited market impact.

TL;DR: Standard deferred compensation; no red flags.

The award structure—immediate or annual-meeting vesting, deferred settlement, and mandatory post-service holding periods—aligns with governance best practices. The size of the grant appears proportionate to tenure and typical board compensation, and no accelerated vesting provisions beyond common triggers are noted. Overall governance impact is neutral.

Hillenbrand, Inc. (HI) ha presentato un Modulo 4 che indica che il direttore Neil S. Novich ha ricevuto un totale di 731 Unità Azionarie Vincolate (RSU) il 30 giugno 2025. Le RSU sono state concesse attraverso il programma di premi azionari differiti della società e la conversione dei compensi differiti per i direttori, ciascuna con diritti equivalenti ai dividendi e emesse a costo zero. A seconda della data di assegnazione, le RSU maturano immediatamente o al più presto alla successiva assemblea annuale o un anno dopo l’assegnazione, con la consegna delle azioni differita fino a quando il signor Novich lascia il consiglio o in seguito a eventi specifici come un cambio di controllo. Non sono stati segnalati acquisti o vendite di azioni ordinarie, quindi i flussi di cassa e il numero di azioni rimangono invariati. Dopo l’assegnazione, le partecipazioni beneficiarie del direttore nei vari programmi di premi variano tra circa 2.800 e 6.000 unità, evidenziando un allineamento continuo del patrimonio con gli azionisti.

Hillenbrand, Inc. (HI) presentó un Formulario 4 que indica que el director Neil S. Novich recibió un total de 731 Unidades de Acciones Restringidas (RSU) el 30 de junio de 2025. Las RSU fueron otorgadas a través del programa de premios diferidos de acciones de la empresa y la conversión de honorarios diferidos para directores, cada una con derechos equivalentes a dividendos y emitidas a costo cero. Dependiendo de la fecha de concesión, las RSU se consolidan inmediatamente o en la fecha más próxima entre la siguiente junta anual o un año después de la concesión, con la entrega de acciones diferida hasta que el Sr. Novich deje el consejo o ante eventos específicos como un cambio de control. No se reportaron compras o ventas de acciones ordinarias, por lo que el flujo de efectivo y el recuento de acciones permanecen sin cambios. Después de la concesión, las participaciones beneficiarias del director en los distintos programas oscilan entre aproximadamente 2,800 y 6,000 unidades, subrayando una alineación continua con los accionistas.

Hillenbrand, Inc. (HI)는 2025년 6월 30일 이사 Neil S. Novich가 총 731개의 제한 주식 단위(RSU)를 받았음을 나타내는 양식 4를 제출했습니다. 이 RSU는 회사의 이연 주식 수여 프로그램과 이연 이사 수수료 전환을 통해 부여되었으며, 각각 배당금에 상응하는 권리가 포함되어 있고 무상으로 발행되었습니다. 부여일에 따라 RSU는 즉시 취득되거나 다음 연례 총회 또는 부여일로부터 1년 중 빠른 시점에 취득되며, 주식 인도는 Novich 이사가 이사회에서 물러나거나 지배권 변경과 같은 특정 발동 사건이 발생할 때까지 연기됩니다. 보통주 매수 또는 매도는 보고되지 않아 현금 흐름과 주식 수에는 영향이 없습니다. 부여 후 이사의 수상 풀 내 실질 보유량은 대략 2,800에서 6,000 단위 사이로 주주와의 지속적인 지분 정렬을 강조합니다.

Hillenbrand, Inc. (HI) a déposé un formulaire 4 indiquant que le directeur Neil S. Novich a reçu un total de 731 unités d’actions restreintes (RSU) le 30 juin 2025. Les RSU ont été attribuées via le programme d’attribution d’actions différées de la société et la conversion des honoraires différés des administrateurs, chacune comportant des droits équivalents aux dividendes et émises à coût nul. Selon la date d’attribution, les RSU sont soit acquises immédiatement, soit au plus tôt lors de la prochaine assemblée annuelle ou un an après l’attribution, avec une livraison des actions différée jusqu’au départ de M. Novich du conseil ou lors d’événements déclencheurs spécifiques tels qu’un changement de contrôle. Aucun achat ou vente d’actions ordinaires n’a été signalé, de sorte que les flux de trésorerie et le nombre d’actions restent inchangés. Après attribution, les avoirs bénéficiaires du directeur dans les différentes catégories de récompenses varient entre environ 2 800 et 6 000 unités, soulignant un alignement continu avec les actionnaires.

Hillenbrand, Inc. (HI) reichte ein Formular 4 ein, das angibt, dass Direktor Neil S. Novich am 30. Juni 2025 insgesamt 731 Restricted Stock Units (RSUs) erhalten hat. Die RSUs wurden im Rahmen des aufgeschobenen Aktienprämienprogramms des Unternehmens und der Umwandlung aufgeschobener Direktorenhonorare gewährt, jede mit dividendenähnlichen Rechten und zu Nullkosten ausgegeben. Je nach Gewährungsdatum werden die RSUs entweder sofort oder spätestens bei der nächsten Hauptversammlung oder ein Jahr nach Gewährung unverfallbar, wobei die Aktienauslieferung bis zum Ausscheiden von Herrn Novich aus dem Vorstand oder bei bestimmten auslösenden Ereignissen wie einem Kontrollwechsel aufgeschoben wird. Es wurden keine Käufe oder Verkäufe von Stammaktien gemeldet, sodass der Cashflow und die Aktienanzahl unverändert bleiben. Nach der Gewährung liegen die wirtschaftlichen Beteiligungen des Direktors in den verschiedenen Prämienpools zwischen etwa 2.800 und 6.000 Einheiten, was die fortlaufende Angleichung der Beteiligung an den Aktionären unterstreicht.

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

FORM 8-K

CURRENT REPORT

PURSUANT TO SECTION 13 OR 15(D)

OF THE SECURITIES EXCHANGE ACT OF 1934

Date of report (Date of earliest event reported): June 30, 2025

Apollo Global Management, Inc.

(Exact name of registrant as specified in its charter)

 

Delaware   001-41197   86-3155788
(State or other jurisdiction
of incorporation)
  (Commission
File Number)
  (IRS Employer
Identification No.)

9 West 57th Street, 42nd Floor

New York, New York 10019

(Address of principal executive offices) (Zip Code)

(212) 515-3200

(Registrant’s Telephone Number, Including Area Code)

N/A

(Former Name or Former Address, if Changed Since Last Report)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

 

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

 

Title of each class

 

Trading

Symbol(s)

 

Name of each exchange

on which registered

Common Stock   APO   New York Stock Exchange
6.75% Series A Mandatory Convertible Preferred Stock   APO PR A   New York Stock Exchange
7.625% Fixed-Rate Resettable Junior Subordinated Notes due 2053   APOS   New York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. 

 

 

 

   

 

 

Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On June 30, 2025, the board of directors (the “Board”) of Apollo Global Management, Inc. (the “Company”) approved the appointment of Kristiane Kinahan as Chief Accounting Officer of the Company, which was effective immediately upon approval.

Kristiane Kinahan, 46, has been a Managing Director and Head of Financial Reporting at Apollo since November 2021, where she has been responsible for Securities and Exchange Commission (“SEC”) and external reporting, corporate reporting and consolidations, compensation reporting, and management reporting. Prior to joining Apollo, Ms. Kinahan held various roles in financial reporting at The Goldman Sachs Group, Inc., including serving as a managing director in financial reporting from January 2018 to October 2021 and as a vice president in Financial Reporting from June 2008 to December 2017. Previously, she was Vice President responsible for SEC reporting at Vornado Realty Trust and began her career in the audit practice at KPMG. Ms. Kinahan earned a BS in Accounting with a minor in Finance from Fairfield University and is a certified public accountant in New York.

Ms. Kinahan has no family relationship with any member of the Board or any executive officer of the Company and is not a party to any transactions listed in Item 404(a) of Regulation S-K. There are no arrangements or understandings between Ms. Kinahan and any other persons pursuant to which she was appointed Chief Accounting Officer of the Company.

It is anticipated that Ms. Kinahan will enter into an indemnification agreement in substantially the same form as the Company enters into with its directors and executive officers.

 

 

 

   

 

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

Date: July 2, 2025

 

  APOLLO GLOBAL MANAGEMENT, INC.  
       
       

By: /s/ Jessica L. Lomm  
  Name: Jessica L. Lomm  
  Title: Vice President and Secretary  

 

 

 

   

 

 

 

FAQ

How many RSUs did Hillenbrand (HI) director Neil S. Novich acquire on 30 June 2025?

He acquired 731 Restricted Stock Units in total.

Were any Hillenbrand common shares sold in this Form 4 filing?

No. The filing reports only RSU grants with no open-market sales or purchases.

What is the vesting schedule for the newly granted RSUs?

RSUs vest immediately or on the earlier of the next annual shareholder meeting or one year from grant; delivery of shares is deferred until after board service ends or specified events.

Do the RSUs include dividend-equivalent rights?

Yes. Dividend equivalents accrue on each dividend record date.

At what price were the RSUs granted to Neil S. Novich?

The RSUs were issued at $0 per unit as part of board compensation.
Apollo Global Mgmt Inc

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