Apollo Global (APO) director ups stake via 1,446-share RSU grant

Rhea-AI Filing Summary

Form 4 overview – Apollo Global Management, Inc. (NYSE: APO)

Director Kerry Murphy Healey filed a Form 4 reporting the award of 1,446 restricted stock units (RSUs) on 01 July 2025 under the company’s 2019 Omnibus Equity Incentive Plan. No shares were sold or transferred for cash; the price column is listed as $0, confirming this is an equity grant rather than an open-market purchase.

• Transaction code: “A” (grant/award)
• Post-transaction beneficial ownership: 20,705 shares
• Reporting person’s role: Independent Director
• Vesting: RSUs vest in installments, contingent on continued board service

The filing is routine, reflects standard director compensation, and does not indicate any change in the company’s fundamentals or insider sentiment beyond normal governance practices.

Insights

Securities Analyst

TL;DR: Routine director RSU grant; 1,446 units added, ownership now 20,705 shares—negligible market impact.

This Form 4 shows a customary equity award to an outside director. The transaction neither involves cash nor signals a valuation view because RSUs are part of annual board compensation. The amount—worth roughly low-six figures at current prices—is immaterial relative to Apollo’s $80 bn+ market cap. No open-market buying/selling, no derivative positions, and no change in control status. Investors should view this as housekeeping, not a catalyst.

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^*

Healey Kerry Murphy

(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
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
07/01/2025

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	07/01/2025		A		1,446(1)	A	$0	20,705(2)	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. 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 3,145 RSUs granted under the Plan.

Remarks:

	/s/ Jessica L. Lomm, as Attorney-in-Fact	07/02/2025
	** 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.

FAQ

How many shares did APO director Kerry Murphy Healey acquire?

The director received 1,446 restricted stock units on 01-Jul-2025.

What is Kerry Murphy Healey’s total APO share ownership after the transaction?

Following the grant, she beneficially owns 20,705 APO shares (including RSUs).

Was any cash paid for the APO shares in this Form 4 filing?

No. The RSUs were awarded at $0 cost as part of routine director compensation.

Do the RSUs granted to the APO director vest immediately?

No. The RSUs vest in installments per the applicable award agreement, contingent on continued service.

Does this Form 4 filing suggest insider buying or selling pressure at APO?

It does not. The filing reflects a scheduled equity grant, not an open-market transaction.