Lynn C. Swann receives RSU grant at Apollo Global (APO)
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Apollo Global Management, Inc. director Lynn C. Swann acquired 1,589 shares of common stock on a compensation basis through a grant of restricted stock units (RSUs) under the company’s 2019 Omnibus Equity Incentive Plan.
After this award, Swann directly holds 20,051 shares, which the disclosure states include 3,035 RSUs that will vest over time if service conditions are met.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
SWANN LYNN C
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,589 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 20,051 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. Reported amount includes 3,035 RSUs granted under the Plan.
Key Figures
RSU grant size: 1,589 shares
Total holdings after grant: 20,051 shares
RSUs included in holdings: 3,035 RSUs
3 metrics
RSU grant size
1,589 shares
Common Stock grant reported with transaction code A
Total holdings after grant
20,051 shares
Direct ownership following the reported transaction
RSUs included in holdings
3,035 RSUs
Portion of reported holdings granted under 2019 Plan
Key Terms
restricted stock units ("RSUs"), 2019 Omnibus Equity Incentive Plan, vesting, contingent right
4 terms
restricted stock units ("RSUs") financial
"Represents restricted stock units ("RSUs") granted under the Apollo Global Management, Inc. 2019 Omnibus Equity Incentive Plan"
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
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.
contingent right financial
"Each RSU represents the contingent right to receive ... one share of common stock"
FAQ
What did Apollo Global Management (APO) director Lynn C. Swann report in this Form 4?
Lynn C. Swann reported acquiring 1,589 shares of Apollo Global Management common stock through a restricted stock unit grant. The award was made under the company’s 2019 Omnibus Equity Incentive Plan as part of director compensation, not an open-market purchase.
Was the Apollo Global Management (APO) transaction by Lynn C. Swann a market purchase or a grant?
The transaction was a grant of restricted stock units, not a market purchase. The Form 4 uses transaction code “A” for a grant or award acquisition, and the footnotes clarify these are RSUs granted under Apollo’s 2019 Omnibus Equity Incentive Plan.
What are the key terms of Lynn C. Swann’s RSU award at Apollo Global Management (APO)?
Each restricted stock unit represents the right to receive one Apollo share when vested under the award’s schedule. Vesting occurs in installments, and Swann must remain in service through each vesting date for the corresponding RSUs to convert into common stock.
How many restricted stock units are included in Lynn C. Swann’s reported Apollo Global Management (APO) holdings?
The reported holdings include 3,035 restricted stock units granted under Apollo Global Management’s 2019 Omnibus Equity Incentive Plan. These RSUs are part of the total 20,051 shares reported and will deliver common stock as they vest over time.