Gary D. Cohn granted 3,345 RSUs at Apollo (NYSE: APO) as Board compensation
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
COHN GARY D reported acquisition or exercise transactions in this Form 4 filing.
Apollo Global Management director Gary D. Cohn received an equity award of 3,345 restricted stock units (RSUs). These RSUs were granted at no cash cost under the Apollo Global Management, Inc. 2019 Omnibus Equity Incentive Plan as compensation, not as an open-market share purchase.
Each RSU represents the right to receive one share of Apollo common stock as it vests over time, subject to Mr. Cohn remaining on the Board through the applicable vesting dates. Due to a deferral election, the underlying shares will be delivered only when his Board service ends. After this grant, Mr. Cohn holds a total of 5,153 vested and unvested RSUs.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
COHN GARY D
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 3,345 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 5,153 shares (Direct, null)
Footnotes (1)
- Represents restricted stock units ("RSUs") granted under the Apollo Global Management, Inc. 2019 Omnibus Equity Incentive Plan (the "Plan"). Each RSU represents the contingent right to receive, in accordance with the issuance schedule set forth in the applicable RSU award agreement, one share of common stock of the Issuer for each vested RSU. The RSUs vest in installments in accordance with the terms of the applicable RSU award agreement, provided the reporting person remains in service through the applicable vesting date. Pursuant to a deferral election, the associated shares of common stock will be issued upon the reporting person's termination of service as a member of the Board of Directors of the Issuer. Reported amount includes 5,153 vested and unvested RSUs granted under the Plan.
Key Figures
RSUs granted: 3,345 RSUs
Grant price: $0.0000 per RSU
Total RSUs held: 5,153 RSUs
+2 more
5 metrics
RSUs granted
3,345 RSUs
Award on May 7, 2026 under 2019 Omnibus Equity Incentive Plan
Grant price
$0.0000 per RSU
Equity compensation, not open-market purchase
Total RSUs held
5,153 RSUs
Vested and unvested RSUs following the transaction
Transaction code
Code A
Grant, award, or other acquisition of non-derivative securities
Security type
Common Stock (via RSUs)
Each RSU represents one share upon vesting and issuance
Key Terms
restricted stock units, 2019 Omnibus Equity Incentive Plan, vesting, deferral election, +1 more
5 terms
restricted stock units financial
"Represents restricted stock units ("RSUs") granted under the Apollo Global Management, Inc. 2019 Omnibus Equity Incentive Plan"
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.
2019 Omnibus Equity Incentive Plan financial
"granted under the Apollo Global Management, Inc. 2019 Omnibus Equity Incentive Plan (the "Plan")"
vesting financial
"The RSUs vest in installments in accordance with the terms of the applicable RSU award agreement"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
deferral election financial
"Pursuant to a deferral election, the associated shares of common stock will be issued upon the reporting person's termination of service"
termination of service financial
"shares of common stock will be issued upon the reporting person's termination of service as a member of the Board of Directors"
FAQ
What did Gary D. Cohn report in his Apollo (APO) Form 4 filing?
Gary D. Cohn reported receiving 3,345 restricted stock units from Apollo Global Management as an equity award. These units were granted under the company’s 2019 Omnibus Equity Incentive Plan and represent compensation rather than an open-market stock purchase.
How many Apollo (APO) RSUs does Gary D. Cohn hold after this transaction?
After this award, Gary D. Cohn holds 5,153 restricted stock units in total. This figure includes both vested and unvested RSUs granted under Apollo Global Management’s 2019 Omnibus Equity Incentive Plan, as disclosed in the Form 4 footnotes.
What are the key terms of Gary D. Cohn’s Apollo (APO) RSU grant?
The 3,345 RSUs vest in installments according to the related award agreement, provided Gary D. Cohn remains on Apollo’s Board. Each vested RSU entitles him to one share of common stock under the 2019 Omnibus Equity Incentive Plan.
Did Gary D. Cohn buy Apollo (APO) stock on the open market in this Form 4?
No, Gary D. Cohn did not buy shares on the open market. The Form 4 shows a grant of 3,345 restricted stock units at zero price, reflecting an equity compensation award instead of a purchase transaction at a market price.