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Apollo Global Management director Gary D. Cohn reported the expiration of derivative securities on June 20, 2025. The filing discloses the expiration of a short put option with a strike price of $120 for 10,000 underlying common shares.
Key details of the transaction:
- The option was acquired before Cohn became a Section 16 insider (prior to April 25, 2025)
- The expiration is exempt from Section 16(b) of the Securities Exchange Act
- The securities were held through a family LLC where Cohn serves as investment manager
- Cohn disclaims beneficial ownership of the securities
The filing also notes that a corresponding long call option expired on the same date but was not reported due to exemption under Rule 16a-4(d). No active investment decision was made by Cohn regarding these expirations.