Apollo Global (NYSE: APO) CEO records tax-withholding share transaction

Rhea-AI Filing Summary

Apollo Global Management, Inc. executive Grant Kvalheim, CEO of Athene Holding Ltd., reported a tax-related share disposition. On this Form 4, 5,042 shares of Apollo common stock were withheld at $132.43 per share to cover his tax obligations arising from an equity award.

After this withholding, Kvalheim’s direct holdings total 2,171,518 shares of Apollo, which includes 471,812 vested and unvested restricted stock units that represent a contingent right to receive additional shares under the company’s equity plan.

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

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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^*

Kvalheim Grant

(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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	CEO of Athene Holding Ltd.

3. Date of Earliest Transaction (Month/Day/Year)
02/17/2026

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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	02/17/2026		F		5,042(1)	D	$132.43	2,171,518(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. 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.

2. Reported amount includes 471,812 vested and unvested 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.

	/s/ Jessica L. Lomm, as Attorney-in-Fact	02/18/2026
	** 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).
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FAQ

What insider transaction did Grant Kvalheim report at Apollo Global (APO)?

Grant Kvalheim reported a tax-withholding disposition of 5,042 Apollo common shares. The shares were withheld by Apollo to satisfy his tax obligations tied to an equity award, rather than sold in an open-market transaction, according to the Form 4 disclosure and related footnote.

At what price were Grant Kvalheim’s Apollo (APO) shares withheld for taxes?

The 5,042 Apollo shares were withheld at $132.43 per share. This price is used solely to value the shares applied against Kvalheim’s tax obligations arising from the equity plan settlement, not to indicate an open-market sale or discretionary trading decision.

How many Apollo (APO) shares does Grant Kvalheim hold after this Form 4 transaction?

After the tax withholding, Grant Kvalheim directly holds 2,171,518 Apollo shares. This reported amount includes 471,812 vested and unvested restricted stock units, which represent a contingent right to receive Apollo shares under the company’s administered equity compensation plan.

Was Grant Kvalheim’s Apollo (APO) Form 4 transaction an open-market sale?

No, the Form 4 describes a tax-withholding disposition, not an open-market sale. Apollo withheld 5,042 shares to cover Kvalheim’s tax liabilities from an equity award, as indicated by the transaction code F and the accompanying explanatory footnote language.

What do Grant Kvalheim’s restricted stock units in Apollo (APO) represent?

His reported holdings include 471,812 restricted stock units, or RSUs. These RSUs are a contingent right to receive Apollo shares in the future under the company’s equity plan, subject to applicable vesting and plan terms described in the compensation arrangement.