Apollo Commercial director to sell 960 shares

Rhea-AI Filing Summary

Apollo Commercial Real Estate Finance, Inc. (symbol ARI) is the issuer for a planned resale of its common stock reported by director Michael Salvati under Rule 144. The notice covers a total of 960 shares, to be sold through Charles Schwab Corp on the NYSE after the notice date of August 25, 2026.

The shares consist of 835 shares held in an account for Charlotte Rubinstein (spouse) and 125 shares held in an account for Vincent Salvati (son), with sales described as open market transactions for cash.

Key Figures

Total ARI common shares to be sold: 960 shares Shares in spouse account: 835 shares Shares in son account: 125 shares +1 more

4 metrics

Total ARI common shares to be sold 960 shares Planned Rule 144 sale reported by director Michael Salvati

Shares in spouse account 835 shares To be sold in account for Charlotte Rubinstein (spouse)

Shares in son account 125 shares To be sold in account for Vincent Salvati (son)

Date of Notice 08/25/2026 Date of Rule 144 notice for planned ARI share sale

Key Terms

Rule 144, Open Market Purchase, NYSE

3 terms

Rule 144 regulatory

"See the definition of "person" in paragraph (a) of Rule 144."

Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.

Open Market Purchase market

"Common | 09/01/2016 | Open Market Purchase | Open Market"

An open market purchase is when a company buys its own shares on public stock exchanges the same way any investor would, rather than through a private deal. Investors care because these purchases reduce the number of shares available, can boost earnings per share and share price, signal that management thinks the stock is undervalued, and use company cash that might otherwise go to reinvestment or dividends — like a business quietly buying back its own tickets at the box office.

NYSE market

"08/25/2026 | NYSE"

A large, regulated marketplace where stocks and other securities are listed and traded, acting like a global auction house that matches buyers and sellers and helps determine share prices. It matters to investors because listing and trading there provide liquidity, price discovery, and regulatory oversight—making it easier to buy or sell holdings and giving companies a visible platform that can affect credibility and access to capital.

FAQ

What does the Form 144 filing for ARI disclose about Michael Salvati?

The filing states that director Michael Salvati filed a Rule 144 notice to sell 960 shares of Apollo Commercial Real Estate Finance, Inc. common stock through Charles Schwab Corp on the NYSE, with shares held in accounts for his spouse and son.

How many ARI shares are planned to be sold under this Form 144 notice?

The notice covers a total of 960 shares of Apollo Commercial Real Estate Finance, Inc. common stock, consisting of 835 shares in an account for Charlotte Rubinstein (spouse) and 125 shares in an account for Vincent Salvati (son).

Who is the broker for the ARI shares in this Form 144 filing?

The Form 144 lists Charles Schwab Corp, located at 3000 Schwab Way, Westlake, TX, as the broker handling the planned sale of 960 ARI common shares on the NYSE.

When was the Form 144 notice for ARI dated?

The Form 144 notice for Apollo Commercial Real Estate Finance, Inc. was dated August 25, 2026, with the filing covering a planned sale of 960 common shares held in family accounts of director Michael Salvati.

How are the ARI shares in this Form 144 filing owned?

The filing explains that 835 shares are to be sold from an account for Charlotte Rubinstein (spouse) and 125 shares from an account for Vincent Salvati (son), indicating indirect family-related holdings of Apollo Commercial Real Estate Finance, Inc. common stock.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Available on EDGAR 08/25/2026 - 02:47 PM Accepted by SEC EDGAR 08/25/2026 - 02:46 PM Learn about SEC filing dates

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK	0001280439
Filer CCC	XXXXXXXX
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer	Apollo Commercial Real Estate Finance, Inc.
SEC File Number	001-34452
Address of Issuer	C/O APOLLO GLOBAL MANAGEMENT, LLC 9 WEST 57TH STREET, 42ND FLOOR NEW YORK NEW YORK 10019
Phone	(212) 515-3200
Name of Person for Whose Account the Securities are To Be Sold	SALVATI MICHAEL
See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.
Relationship to Issuer	Director

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common	Charles Schwab Corp 3000 Schwab Way Westlake TX 76262	960	6604.00	128212093	08/25/2026	NYSE

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	09/01/2016	Open Market Purchase	Open Market			835	09/01/2016	Cash
Common	09/01/2016	Open Market Purchase	Open Market			125	09/01/2016	Cash

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Nothing to Report

144: Remarks and Signature

Remarks	835 shares to be sold in acct for Charlotte Rubinstein (Spouse); 125 shares to be sold in acct for Vincent Salvati (Son)
Date of Notice	08/25/2026
ATTENTION:
The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.
Signature	Michael Salvati
ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)