Planned sale of 52,072 ARI common stock on NYSE exchange

A holder of ARI common stock has filed a notice under SEC Rule 144 to sell 52,072 common shares through Morgan Stanley Smith Barney LLC Executive Financial Services.

Accepted by SEC EDGAR 12/15/2025 - 04:29 PM EST Learn about SEC filing dates

Rhea-AI Filing Summary

A holder of ARI common stock has filed a notice under SEC Rule 144 to sell 52,072 common shares through Morgan Stanley Smith Barney LLC Executive Financial Services. The planned sale has an aggregate market value of $526,968.64 and is expected to take place on or around 12/15/2025 on the NYSE.

According to the notice, there are 138,943,831 common shares outstanding. The shares to be sold were acquired from the issuer on 01/27/2023 as restricted stock units, with the full 52,072 units recorded as acquired on that date and the consideration labeled as non-cash.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

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

The notice covers the planned sale of 52,072 shares of ARI common stock.

What is the aggregate market value of the ARI shares to be sold?

The 52,072 ARI common shares have an aggregate market value of $526,968.64 according to the notice.

On which exchange are the ARI shares expected to be sold?

The ARI common shares covered by the notice are expected to be sold on the NYSE.

How many ARI shares are outstanding according to the notice?

The notice states that there are 138,943,831 ARI common shares outstanding.

When were the ARI shares to be sold originally acquired and in what form?

The shares were acquired from the issuer on 01/27/2023 as restricted stock units totaling 52,072 units.

What is the approximate date of the planned ARI share sale?

The approximate date of sale listed in the notice is 12/15/2025.

Which broker is handling the planned ARI share sale?

The planned sale is to be executed through Morgan Stanley Smith Barney LLC Executive Financial Services, based at 1 New York Plaza, 8th Floor, New York, NY 10004.

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

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

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	0001128865
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	9 West 57th Street, 42nd Floor, New York, New York NEW YORK 10019
Phone	2125153200
Name of Person for Whose Account the Securities are To Be Sold	STUART A ROTHSTEIN
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
Relationship to Issuer	Officer

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	Morgan Stanley Smith Barney LLC Executive Financial Services 1 New York Plaza 8th Floor New York NY 10004	52072	526968.64	138943831	12/15/2025	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	01/27/2023	Restricted Stock Units	Issuer			52072	01/27/2023	N/A

* 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	The securities to be sold were acquired upon the vesting of restricted stock units during the period of 01/27/2023 through 12/31/2024
Date of Notice	12/15/2025
Date of Plan Adoption or Giving of Instruction, If Relying on Rule 10b5-1	11/13/2024
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	/s/ Stuart Rothstein
ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)