Apollo CFO Kelly Martin sells 7,000 shares
Apollo Global Management Chief Financial Officer Kelly Martin reported multiple stock transactions in Apollo common shares.
Rhea-AI Filing Summary
Apollo Global Management Chief Financial Officer Kelly Martin reported multiple stock transactions in Apollo common shares. Martin sold 7,000 shares in an open-market transaction at a weighted average price of $134.6449 per share, with trade prices ranging from $134.285 to $134.945.
She also made bona fide gifts totaling 570 shares across two transactions. After these moves, Martin directly holds 401,067 Apollo shares, including 304,581 vested and unvested restricted stock units granted under the company’s 2019 Omnibus Equity Incentive Plan, and indirectly holds 25,035 shares through the 2025 Martin Kelly Gift Trust.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 7,000 shares
Net Sell
4 txns
Insider
Kelly Martin
Role
Chief Financial Officer
Sold
7,000 shs ($943K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Common Stock | 155 | $0.00 | $0.00 |
| Sale | Common Stock | 7,000 | $134.6449 | $943K |
| Gift | Common Stock | 415 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 401,067 shares (Direct);
Common Stock — 25,035 shares (Indirect, 2025 Martin Kelly Gift Trust)
Footnotes (3)
- F1. The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $134.285 to $134.945, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- F2. Reported amount includes 304,581 vested and unvested 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.
- F3. Held by the 2025 Martin Kelly Gift Trust, a trust over which the reporting person exercises sole voting and investment control, and for which members of the reporting person's immediate family are the beneficiaries.
Key Figures
Open-market sale: 7,000 shares
Weighted average sale price: $134.6449 per share
Shares gifted: 570 shares
+4 more
7 metrics
Open-market sale
7,000 shares
Common Stock sold in open market transaction
Weighted average sale price
$134.6449 per share
Open-market sale price; trades from $134.285 to $134.945
Shares gifted
570 shares
Two bona fide gifts of 415 and 155 shares
Direct holdings after transactions
401,067 shares
Common Stock directly owned following reported transactions
Indirect holdings via trust
25,035 shares
Held by 2025 Martin Kelly Gift Trust
RSUs included in direct holdings
304,581 RSUs
Vested and unvested RSUs under 2019 Omnibus Equity Incentive Plan
Sale price range
$134.285–$134.945 per share
Price range for shares included in weighted average sale
Key Terms
bona fide gift, restricted stock units ("RSUs"), weighted average price, Omnibus Equity Incentive Plan, +1 more
5 terms
bona fide gift financial
"transaction_code_description: "Bona fide gift""
A bona fide gift is a genuine, voluntary transfer of money, property, or benefits from one party to another made without expectation of repayment, services, or hidden conditions. Investors care because such gifts can affect company disclosures, related‑party transaction rules, tax treatment, and perceived conflicts of interest; think of it like someone giving you a present with no strings attached — but on a corporate scale, auditors and regulators need to verify it really is unconditional.
restricted stock units ("RSUs") financial
"Reported amount includes 304,581 vested and unvested restricted stock units ("RSUs")"
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.
weighted average price financial
"The price reported in column 4 is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
Omnibus Equity Incentive Plan financial
"granted under the Apollo Global Management, Inc. 2019 Omnibus Equity Incentive Plan"
A single, company-wide plan that lets a business grant different kinds of stock-based pay — such as stock options, shares that vest over time, or other equity awards — to employees, directors and consultants. It matters to investors because it determines how much of the company can be paid out in shares, how quickly those shares enter the market, and how well employees are motivated to grow the business; think of it as a toolbox or menu for paying with ownership stakes that can dilute existing holders and affect company performance.
beneficiaries financial
"for which members of the reporting person's immediate family are the beneficiaries."
Beneficiaries are the people or organizations designated to receive benefits, such as money or assets, from a financial arrangement like a trust, insurance policy, or retirement plan. They matter to investors because choosing the right beneficiaries ensures that assets are passed on according to their wishes, providing financial security or support to loved ones when needed. Think of beneficiaries as the intended recipients of a gift or inheritance.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Apollo (APO) CFO Kelly Martin report in this Form 4?
Kelly Martin reported an open-market sale of 7,000 Apollo shares and two bona fide stock gifts totaling 570 shares. The filing also updates her direct and indirect holdings, including a large number of restricted stock units.
What portion of Kelly Martin’s Apollo (APO) holdings are restricted stock units?
Her reported direct holdings include 304,581 vested and unvested restricted stock units. Each RSU represents the contingent right to receive one share of Apollo common stock, subject to the vesting schedule and continued service conditions in the applicable award agreements.
What stock gifts did Apollo (APO) CFO Kelly Martin make?
She reported two bona fide gifts of Apollo common stock: one for 415 shares and another for 155 shares. These gifts reduced her direct share count but are non-cash transfers, distinct from open-market sales and primarily reflect personal estate or gifting decisions.
What is the 2025 Martin Kelly Gift Trust mentioned in the APO Form 4?
The 2025 Martin Kelly Gift Trust holds 25,035 Apollo shares, with Kelly Martin exercising sole voting and investment control. Members of her immediate family are the beneficiaries, meaning the trust’s Apollo holdings are for their benefit while she manages the investment decisions.
AI-generated analysis. How Rhea-AI works. Not financial advice.
