Apollo (NYSE: APO) president reports tax withholding of 319 shares

Rhea-AI Filing Summary

Apollo Global Management, Inc. president and director James C. Zelter reported a tax-related share disposition on common stock. On February 18, 2026, 319 shares were withheld by Apollo to cover his tax obligations at $125.15 per share, a non-open-market transaction coded as a tax-withholding disposition.

After this event, Zelter directly owned 5,017,139 shares of common stock, which the disclosure states includes 4,873,964 vested and unvested RSUs granted under Apollo’s 2019 Omnibus Equity Incentive Plan. He also indirectly held Apollo common stock through entities over which he exercises voting and investment control: 372,473 shares via The James C. Zelter 2024 GRAT No. 1, 453,308 shares via The James C. Zelter 2025 GRAT No. 1, and 999,940 shares via Zelter APO Series LLC.

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

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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^*

Zelter James C

(Last) (First) (Middle)

C/O APOLLO GLOBAL MANAGEMENT, INC.

9 WEST 57TH STREET, 42ND FLOOR

(Street)

NEW YORK NY 10019

(City) (State) (Zip)

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

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

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	President

3. Date of Earliest Transaction (Month/Day/Year)
02/18/2026

4. 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 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	02/18/2026		F		319(1)	D	$125.15	5,017,139(2)	D
Common Stock								372,473	I	The James C. Zelter 2024 GRAT No. 1(3)
Common Stock								453,308	I	The James C. Zelter 2025 GRAT No. 1(4)
Common Stock								999,940	I	Zelter APO Series LLC(5)

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. Consists of shares withheld by the Issuer to satisfy the tax withholding obligations of the reporting person arising in connection with the delivery of shares that were granted under the Apollo Global Management, Inc. 2019 Omnibus Equity Incentive Plan (the "Plan").

2. Reported amount includes 4,873,964 vested and unvested restricted stock units ("RSUs") granted under 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.

3. By The James C. Zelter 2024 GRAT No. 1, a vehicle over which the reporting person exercises voting and investment control.

4. By The James C. Zelter 2025 GRAT No. 1, a vehicle over which the reporting person exercises voting and investment control.

5. By Zelter APO Series LLC, a vehicle over which the reporting person exercises voting and investment control.

Remarks:

	/s/ Jessica L. Lomm, as Attorney-in-Fact	02/20/2026
	** 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.
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FAQ

What insider transaction did Apollo (APO) president James C. Zelter report?

James C. Zelter reported a tax-related share disposition, where 319 Apollo common shares were withheld at $125.15 each to satisfy tax obligations. This was a non-open-market event tied to equity awards under the company’s 2019 Omnibus Equity Incentive Plan.

How many Apollo (APO) shares does James C. Zelter directly own after this filing?

After the tax-withholding transaction, James C. Zelter directly owns 5,017,139 Apollo common shares. This figure includes 4,873,964 vested and unvested restricted stock units granted under Apollo’s 2019 Omnibus Equity Incentive Plan, subject to future vesting conditions and issuance schedules.

Are the reported 319 Apollo (APO) shares a market sale by James C. Zelter?

No, the 319 Apollo shares were not an open-market sale. They were withheld by the company to cover Zelter’s tax obligations associated with equity awards, classified as a tax-withholding disposition rather than a discretionary buy or sell in the market.

What indirect Apollo (APO) holdings are reported for James C. Zelter?

Zelter reports indirect Apollo common stock holdings through vehicles he controls: 372,473 shares in The James C. Zelter 2024 GRAT No. 1, 453,308 shares in The James C. Zelter 2025 GRAT No. 1, and 999,940 shares in Zelter APO Series LLC, with voting and investment control.

What role do RSUs play in James C. Zelter’s Apollo (APO) ownership?

A significant portion of Zelter’s reported direct ownership consists of 4,873,964 restricted stock units granted under Apollo’s 2019 Omnibus Equity Incentive Plan. Each RSU can convert into one share of common stock as it vests, contingent on continued service and award terms.