Apollo exec logs tax-related share disposition
Apollo Global Management, Inc. executive Grant Kvalheim, CEO of Athene Holding Ltd., reported a tax-related share disposition.
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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.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 5,042 | $132.43 | $668K |
Footnotes (2)
- F1. 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.
- F2. 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.
FAQ
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What insider transaction did Grant Kvalheim report at Apollo Global (APO)?
Was Grant Kvalheim’s Apollo (APO) Form 4 transaction an open-market sale?
What do Grant Kvalheim’s restricted stock units in Apollo (APO) represent?
AI-generated analysis. How Rhea-AI works. Not financial advice.