Apollo Global director gifts 38,605 shares
Form 4 for APO shows a bona fide gift of 38,605 shares and large indirect positions through family trusts and investment LLCs.
Rhea-AI Filing Summary
Apollo Global Management, Inc. (APO) insider James Richard Belardi reported a bona fide gift transfer of 38,605 shares of common stock on September 10, 2026, at a reported price of $0 per share, leaving him with 37,708 shares held directly.
He also reports substantial indirect holdings, including shares held by multiple JB Athene Investments LLC entities, several GRATs and family trusts, and accounts for his son, daughter and mother. Indirect amounts include 147,813 shares in the Belardi 2026 GRAT and 99,393 shares in the James and Leslie Belardi Family Trust, of which 71,157 are RSUs. He disclaims beneficial ownership of indirectly held securities except to the extent of his pecuniary interest, and no Rule 10b5-1 trading plan is reported.
Positive
- None.
Negative
- None.
Insider Trade Summary
38,605 shares gifted
Gift
13 txns
Insider
Belardi James Richard
Role
See Remarks
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Common Stock F1 | 38,605 | $0.00 | $0.00 |
| holding | Common Stock F1 | -- | -- | -- |
| holding | Common Stock F2 | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 37,708 shares (Direct);
Common Stock — 147,813 shares (Indirect, By Belardi 2026 GRAT);
Common Stock — 99,393 shares (Indirect, By James and Leslie Belardi Family Trust);
Common Stock — 236,052 shares (Indirect, By Belardi 2019 GST Non-Exempt Descendants Trust);
Common Stock — 1,870,597 shares (Indirect, JB Athene Investments, LLC);
Common Stock — 1,167,261 shares (Indirect, JB Athene Investments II, LLC);
Common Stock — 637,500 shares (Indirect, JB Athene Investments III, LLC);
Common Stock — 1,478,185 shares (Indirect, JB Athene Investments IV, LLC);
Common Stock — 1,000 shares (Indirect, By son);
Common Stock — 1,000 shares (Indirect, By daughter);
Common Stock — 304.8255 shares (Indirect, By mother);
Common Stock — 138,617 shares (Indirect, By Belardi 2024 GRAT);
Common Stock — 76,385 shares (Indirect, By Belardi 2025 GRAT)
Footnotes (2)
- F1. Reported amounts have been adjusted to reflect the transfer on February 26, 2026 of 147,813 shares of Apollo Global Management, Inc., from the Reporting Person to the Belardi 2026 GRAT, which transfer was exempt from Section 16 pursuant to Rule 16a-13 under the Exchange Act.
- F2. Reported amount includes 71,157 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.
Key Figures
Shares gifted: 38,605 shares
Gift price per share: $0.00 per share
Direct holdings after transaction: 37,708 shares
+5 more
8 metrics
Shares gifted
38,605 shares
Bona fide gift of APO common stock on September 10, 2026
Gift price per share
$0.00 per share
Reported price for the 38,605-share gift transfer
Direct holdings after transaction
37,708 shares
APO common stock directly held by James Richard Belardi after the gift
Belardi 2026 GRAT holdings
147,813 shares
APO common stock held indirectly by Belardi 2026 GRAT as of September 10, 2026
Family Trust holdings
99,393 shares
APO common stock held by James and Leslie Belardi Family Trust, including RSUs
Restricted stock units within Family Trust
71,157 RSUs
RSUs included in the 99,393-share Family Trust position
JB Athene Investments, LLC holdings
1,870,597 shares
APO common stock held indirectly through JB Athene Investments, LLC
JB Athene Investments II, LLC holdings
1,167,261 shares
APO common stock held indirectly through JB Athene Investments II, LLC
Key Terms
bona fide gift, restricted stock units, GRAT, Section 16, +2 more
6 terms
bona fide gift regulatory
"The Form 4 describes the transaction code G as a bona fide gift"
A bona fide gift is a genuine, voluntary transfer of money, property, or benefits from one party to another made without expectation of repayment, services, or hidden conditions. Investors care because such gifts can affect company disclosures, related‑party transaction rules, tax treatment, and perceived conflicts of interest; think of it like someone giving you a present with no strings attached — but on a corporate scale, auditors and regulators need to verify it really is unconditional.
restricted stock units financial
"Reported amount includes 71,157 restricted stock units ("RSUs")."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
GRAT financial
"shares of Apollo Global Management, Inc., from the Reporting Person to the Belardi 2026 GRAT"
Section 16 regulatory
"which transfer was exempt from Section 16 pursuant to Rule 16a-13"
Section 16 is a U.S. securities law rule that governs the trading and disclosure obligations of company insiders — typically officers, directors and large shareholders — to promote transparency and deter unfair profit-taking. It requires insiders to publicly report their stock trades and allows companies or the issuer to reclaim quick, short-term profits from certain insider trades, like a scoreboard and a refund policy that help investors see and limit possible insider advantage.
pecuniary interest financial
"disclaims beneficial ownership of securities held indirectly except to the extent of his pecuniary interest"
Rule 16a-13 regulatory
"exempt from Section 16 pursuant to Rule 16a-13 under the Exchange Act"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did APO director James Richard Belardi report on this Form 4?
He reported a bona fide gift of 38,605 shares of Apollo Global Management, Inc. common stock on September 10, 2026, at a reported price of $0 per share, characterized in the filing as a gift transfer of shares he held directly.
What are the main indirect APO holdings reported for James Richard Belardi on this Form 4?
Indirect positions include 147,813 shares held by the Belardi 2026 GRAT and 99,393 shares held by the James and Leslie Belardi Family Trust, as well as large stakes in several JB Athene Investments LLC entities and smaller holdings by his son, daughter and mother.
Does the APO Form 4 mention restricted stock units (RSUs) for James Richard Belardi?
Yes. A footnote states that the 99,393-share indirect holding in the James and Leslie Belardi Family Trust includes 71,157 restricted stock units (RSUs), which represent a contingent right to receive shares under an equity plan administered by Apollo Global Management, Inc.
How does the APO Form 4 describe James Richard Belardi’s beneficial ownership of indirect holdings?
The filing states that he disclaims beneficial ownership of securities held indirectly, except to the extent of his pecuniary interest, and that the report should not be deemed an admission that he is the beneficial owner of such securities for any purpose under Section 16.
What earlier transaction affecting the Belardi 2026 GRAT is referenced in the APO Form 4 footnotes?
A footnote explains that amounts have been adjusted to reflect a February 26, 2026 transfer of 147,813 APO shares from James Richard Belardi to the Belardi 2026 GRAT, which was described as exempt from Section 16 under Rule 16a-13 of the Exchange Act.
AI-generated analysis. How Rhea-AI works. Not financial advice.
