Apollo (APO) director exercises stock options, has shares withheld
Rhea-AI Filing Summary
Apollo Global Management director and officer James Richard Belardi reported a combination of option exercise and tax-related share withholding. On February 13, 2026, he exercised a fully vested employee stock option for 147,813 shares of common stock at an exercise price of $29.55 per share, increasing his direct common stock holdings to 224,126 shares, which include 71,157 restricted stock units noted in the filing.
On February 17, 2026, 29,254 common shares held indirectly through the James and Leslie Belardi Family Trust were disposed of at $132.43 per share, consisting of shares withheld by Apollo Global Management to satisfy his tax withholding obligations. Following this, the trust held 99,393 shares. The filing also updates indirect ownership positions across several family trusts, LLCs, and related accounts, reflecting significant ongoing equity exposure to Apollo.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 29,254 | $132.43 | $3.87M |
| Exercise | Employee Stock Option (Right to Buy) | 147,813 | $0.00 | -- |
| Exercise | Common Stock | 147,813 | $29.55 | $4.37M |
| holding | Common Stock | -- | -- | -- |
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| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
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Footnotes (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 pursuant to an equity plan administered by Apollo Global Management, Inc. Reported amount includes 71,157 restricted stock units ("RSUs"). RSUs represent the contingent right to receive shares of Apollo Global Management, Inc. pursuant to an equity plan administered by Apollo Global Management, Inc. This option is fully vested. This option was previously held by the James and Leslie Belardi Family Trust and was transferred to the reporting person's direct ownership via transfers exempt from Section 16 pursuant to Rule 16a-13 under the Securities Exchange Act of 1934, as amended.
