Apollo president Zelter granted RSUs, withholds shares

Apollo Global Management, Inc. President and director James C. Zelter reported equity award activity in Apollo common stock.

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Rhea-AI Filing Summary

Apollo Global Management, Inc. President and director James C. Zelter reported equity award activity in Apollo common stock. On February 10, 2026, he acquired 29,313 restricted stock units under Apollo’s 2019 Omnibus Equity Incentive Plan, each representing one share of common stock upon vesting and continued service.

On February 11, 2026, 15,122 shares were disposed of at $132.43 per share to cover tax withholding obligations related to share delivery, leaving 5,017,458 shares beneficially owned directly. He also has indirect beneficial ownership through The James C. Zelter 2024 GRAT No. 1, The James C. Zelter 2025 GRAT No. 1, and Zelter APO Series LLC.

Insider Trade Summary

5 transactions reported

Mixed 5 txns

Insider Zelter James C

Role President

Type	Security	Shares	Price	Value
Exercise Price or Tax Liability	Common Stock	15,122	$132.43	$2.00M
Grant/Award	Common Stock	29,313	$0.00	$0.00
holding	Common Stock	--	--	--
holding	Common Stock	--	--	--
holding	Common Stock	--	--	--

Holdings After Transaction: Common Stock — 5,017,458 shares (Direct); Common Stock — 372,473 shares (Indirect, The James C. Zelter 2024 GRAT No. 1); Common Stock — 453,308 shares (Indirect, The James C. Zelter 2025 GRAT No. 1); Common Stock — 999,940 shares (Indirect, Zelter APO Series LLC)

Footnotes (7)

F1. 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.
F2. Reported amount includes 4,903,803 vested and unvested RSUs granted under the Plan.
F3. 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 Plan.
F4. Reported amount includes 4,874,539 vested and unvested RSUs granted under the Plan.
F5. By The James C. Zelter 2024 GRAT No. 1, a vehicle over which the reporting person exercises voting and investment control.
F6. By The James C. Zelter 2025 GRAT No. 1, a vehicle over which the reporting person exercises voting and investment control.
F7. By Zelter APO Series LLC, a vehicle over which the reporting person exercises voting and investment control.

FAQ

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What insider transactions did James C. Zelter report for APO stock?

James C. Zelter reported two main events: a grant of 29,313 restricted stock units under Apollo’s 2019 equity plan and a disposition of 15,122 shares to satisfy tax withholding obligations related to share delivery, both involving Apollo Global Management common stock.

How many Apollo (APO) shares does James C. Zelter own after this Form 4?

After the reported transactions, James C. Zelter beneficially owns 5,017,458 Apollo common shares directly. He also has additional indirect holdings through The James C. Zelter 2024 GRAT No. 1, The James C. Zelter 2025 GRAT No. 1, and Zelter APO Series LLC.

Was the Apollo (APO) insider activity a stock sale by James C. Zelter?

The filing shows a disposition of 15,122 Apollo shares at $132.43 per share to cover tax withholding obligations. This is characterized as payment of tax liability by delivering securities, rather than a discretionary open-market sale by James C. Zelter.

What is the nature of the 29,313 Apollo RSUs granted to James C. Zelter?

The 29,313 units are restricted stock units granted under Apollo’s 2019 Omnibus Equity Incentive Plan. Each RSU represents a right to receive one share of Apollo common stock, vesting in installments if James C. Zelter remains in service through the applicable vesting dates.

What indirect Apollo (APO) holdings are associated with James C. Zelter?

Indirect Apollo holdings are reported through The James C. Zelter 2024 GRAT No. 1, The James C. Zelter 2025 GRAT No. 1, and Zelter APO Series LLC. The filing states he exercises voting and investment control over these vehicles, which together hold additional Apollo common shares.

What role does James C. Zelter hold at Apollo Global Management (APO)?

James C. Zelter is identified as both a director and an officer of Apollo Global Management, serving as President. His Form 4 filing reports changes and holdings in Apollo common stock related to equity compensation and associated tax withholding transactions.

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Accepted by SEC EDGAR 02/12/2026 - 07:10 PM EST

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^*

Zelter James C

(Last)

(First)

(Middle)

C/O APOLLO GLOBAL MANAGEMENT, INC.

9 WEST 57TH STREET, 42ND FLOOR

(Street)

NEW YORK

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)
02/10/2026

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	02/10/2026		A		29,313⁽¹⁾	A	$0	5,032,580⁽²⁾	D
Common Stock	02/11/2026		F		15,122⁽³⁾	D	$132.43	5,017,458⁽⁴⁾	D
Common Stock								372,473	I	The James C. Zelter 2024 GRAT No. 1⁽⁵⁾
Common Stock								453,308	I	The James C. Zelter 2025 GRAT No. 1⁽⁶⁾
Common Stock								999,940	I	Zelter APO Series LLC⁽⁷⁾

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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

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.

2. Reported amount includes 4,903,803 vested and unvested RSUs granted under the Plan.

3. 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 Plan.

4. Reported amount includes 4,874,539 vested and unvested RSUs granted under the Plan.

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

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

7. 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	02/12/2026
	** 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.

Source: View Original Filing on SEC EDGAR