[Form 3] Apollo Global Management, Inc. Initial Statement of Beneficial Ownership

Rhea-AI Filing Summary

Form 4 filing for Power Integrations, Inc. (POWI) discloses that director Anita Ganti acquired 3,473 shares of the company’s common stock on July 1, 2025. The transaction is coded “A,” indicating an acquisition, and the reported price is $0.00 per share, suggesting the shares were received at no cost (e.g., equity award or grant). Following the transaction, Ganti’s direct beneficial ownership stands at 12,425 shares.

The filing contains no derivative security activity and provides no additional financial metrics or narrative commentary. Given POWI’s ~56 million basic shares outstanding (per last public data), the incremental stake represents an immaterial ownership change at the company level but may signal continued alignment between the director and shareholders.

Positive

• Director Anita Ganti increased her direct stake by 3,473 shares, taking total holdings to 12,425 shares, which can be interpreted as a modest vote of confidence.

Negative

• None.

Insights

Financial Analyst

TL;DR: Small director share grant; minimal company impact but modest insider-confidence signal.

The Form 4 indicates a routine equity grant to Director Anita Ganti, increasing her holdings to 12,425 shares. With a reported acquisition price of $0.00, the transaction is likely a board-approved stock award rather than an open-market purchase; therefore, it carries limited cash-flow implications. The added shares represent a fraction of a percent of total shares outstanding, so the event is not materially impactful for valuation or liquidity. Nonetheless, incremental insider ownership can be viewed positively by governance-focused investors because it strengthens director–shareholder alignment.

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person^*

Kvalheim Grant

(Last) (First) (Middle)

C/O APOLLO GLOBAL MANAGEMENT, INC.

9 WEST 57TH STREET, 42ND FLOOR

(Street)

NEW YORK NY 10019

(City) (State) (Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
07/01/2025

3. Issuer Name and Ticker or Trading Symbol
Apollo Global Management, Inc. [ APO ]

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	CEO of Athene Holding Ltd.

5. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock	2,157,525(1)	D

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Employee Stock Option (Right to Buy)	(2)	02/21/2030	Common Stock	46,892	$43.27	D
Employee Stock Option (Right to Buy)	(2)	02/22/2031	Common Stock	56,641	$40.6	D

Explanation of Responses:

1. Reported amount includes 464,460 restricted stock units ("RSUs"). RSUs represent the contingent right to receive shares of Apollo Global Management, Inc. pursuant to an equity plan administered by Apollo Global Management, Inc.

2. These options are fully vested and currently exercisable.

Remarks:

Exhibit 24 - Power of Attorney

	/s/ Jessica L. Lomm, as Attorney-in-Fact	07/02/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

How many POWI shares did Director Anita Ganti acquire?

She acquired 3,473 common shares.

What is Anita Ganti’s total POWI ownership after the transaction?

Her direct beneficial ownership is 12,425 shares.

When did the insider transaction occur?

The transaction date reported is July 1, 2025.

Was this an open-market purchase of POWI stock?

No cash price was reported ($0.00), indicating a grant or similar award rather than a market purchase.

Does the filing report any derivative securities activity?

No; Table II shows no derivative security transactions.