Apollo Global Management (APO) entity LDB 2014 LLC distributes 3M shares to members

Rhea-AI Filing Summary

LDB 2014 LLC, a reporting person associated with Apollo Global Management, Inc., recorded an "other" disposition of 3,000,000 shares of Common Stock on July 29, 2026. According to the accompanying note, these shares were distributed to its members. Following this transaction, LDB 2014 LLC directly held 3,647,120 shares of Apollo Global Management, Inc. common stock. The reporting person references a Stockholders Agreement and expressly disclaims beneficial ownership of securities held by any group or beyond its pecuniary interest.

Insider Trade Summary

Net Seller: 3,000,000 shares

Net Sell 1 txn

Insider LDB 2014 LLC

Role Insider

Type	Security	Shares	Price	Value
Other	Common Stock F1	3,000,000	--	--

Holdings After Transaction: Common Stock — 3,647,120 shares (Direct)

Footnotes (1)

1. F1. On July 29, 2026, the Reporting Person distributed 3,000,000 shares to its members.

Key Figures

Shares distributed: 3,000,000 shares of Common Stock Shares held after transaction: 3,647,120 shares of Common Stock Transaction code: J

3 metrics

Shares distributed 3,000,000 shares of Common Stock Distributed by LDB 2014 LLC to its members on July 29, 2026

Shares held after transaction 3,647,120 shares of Common Stock Direct holdings of LDB 2014 LLC following the July 29, 2026 disposition

Transaction code J Classified as "Other acquisition or disposition" for the July 29, 2026 transaction

Key Terms

Other acquisition or disposition, Stockholders Agreement, beneficial ownership, pecuniary interest

4 terms

Other acquisition or disposition financial

"Transaction code J is described as "Other acquisition or disposition""

Stockholders Agreement regulatory

"The Reporting Person may be deemed a member of a group by virtue of being a party to the Apollo Global Management, Inc. Stockholders Agreement"

beneficial ownership financial

"The Reporting Person disclaims beneficial ownership of any securities deemed to be owned by the group"

Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.

pecuniary interest financial

"The Reporting Person disclaims beneficial ownership of the securities except to the extent of its pecuniary interest therein"

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 08/11/2026 - 09:42 PM Accepted by SEC EDGAR 08/11/2026 - 09:41 PM Learn about SEC filing dates

FAQ

What insider transaction did LDB 2014 LLC report for Apollo Global Management (APO)?

LDB 2014 LLC reported an "other" disposition of 3,000,000 shares of Common Stock of Apollo Global Management, Inc. on July 29, 2026, classified under transaction code J and described as a distribution to its members.

How many Apollo Global Management (APO) shares does LDB 2014 LLC hold after this Form 4 transaction?

After the July 29, 2026 transaction, LDB 2014 LLC directly held 3,647,120 shares of Apollo Global Management, Inc. common stock, as stated in the filing’s post-transaction ownership figure for the reporting person.

Was the Apollo Global Management (APO) Form 4 transaction by LDB 2014 LLC a market sale or a distribution?

The Form 4 describes the activity as an "other acquisition or disposition" (code J). A footnote specifies that on July 29, 2026, LDB 2014 LLC distributed 3,000,000 shares to its members, rather than reporting an open-market sale.

Does LDB 2014 LLC claim full beneficial ownership of the Apollo Global Management (APO) shares involved?

The reporting person disclaims beneficial ownership of securities deemed owned by any group or beyond its pecuniary interest, referencing an Apollo Global Management, Inc. Stockholders Agreement and limiting its claimed ownership accordingly.

Was the Apollo Global Management (APO) Form 4 transaction by LDB 2014 LLC under a Rule 10b5-1 plan?

The filing’s Rule 10b5-1 checkbox is not marked as true. There is no footnote stating the July 29, 2026 distribution of 3,000,000 shares was executed pursuant to a Rule 10b5-1 trading plan.

SEC Form 4

FORM 4

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

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

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

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

LDB 2014 LLC

(Last) (First) (Middle)

C/O ELYSIUM MANAGEMENT LLC

445 PARK AVENUE, SUITE 1401

(Street)

NEW YORK NEW YORK 10022

(City) (State) (Zip)

UNITED STATES

(Country)

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

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

	Director		10% Owner
	Officer (give title below)	X	Other (specify below)
			See remarks.

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
07/29/2026

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

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

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

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	07/29/2026		J		3,000,000	D	(1)	3,647,120	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. On July 29, 2026, the Reporting Person distributed 3,000,000 shares to its members.

Remarks:

The Reporting Person may be deemed to be a member of a "group" for the purposes of the Securities Exchange Act of 1934 by virtue of being a party to the Apollo Global Management, Inc. Stockholders Agreement. The Reporting Person disclaims beneficial ownership of any securities deemed to be owned by the group that are not directly owned by the Reporting Person. This report shall not be deemed an admission that the Reporting Person is a member of a group or the beneficial owner of any securities not directly owned by the Reporting Person. The Reporting Person disclaims beneficial ownership of the securities except to the extent of its pecuniary interest therein.

	/s/ Barry J. Cohen , attorney-in-fact	08/11/2026
	** 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 4 (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.
* Form 4: SEC 1474 (03-26)