Apollo Commercial (NYSE: ARI) director granted 9,587 shares in equity award
Rhea-AI Filing Summary
SALVATI MICHAEL reported acquisition or exercise transactions in this Form 4 filing.
Apollo Commercial Real Estate Finance director Michael Salvati received a stock grant of 9,587 shares of Common Stock on April 1, 2026. The shares were granted at no cash cost to him under the company’s 2024 Equity Incentive Plan, reflecting equity-based compensation rather than a market purchase.
After this award, Salvati directly owns 162,542 shares of Apollo Commercial Real Estate Finance common stock. He also has indirect ownership of 835 shares held in his spouse’s IRA and 125 shares held in a joint account with his son over which he has direct control.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 9,587 shares
Net Buy
2 txns
Insider
SALVATI MICHAEL
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 9,587 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 162,542 shares (Direct);
Common Stock — 835 shares (Indirect, By spouse's IRA)
Footnotes (2)
- F1. The Issuer granted these shares to the Reporting Person pursuant to the Issuer's 2024 Equity Incentive Plan.
- F2. 125 shares of the Issuer's common stock are held in a joint account with the Reporting Person's son. The Reporting Person has direct control over the joint account.
Key Figures
Shares granted: 9,587 shares
Direct holdings after grant: 162,542 shares
Indirect holdings via spouse’s IRA: 835 shares
+2 more
5 metrics
Shares granted
9,587 shares
Common Stock grant on April 1, 2026 under 2024 Equity Incentive Plan
Direct holdings after grant
162,542 shares
Common Stock directly owned by Michael Salvati following the transaction
Indirect holdings via spouse’s IRA
835 shares
Common Stock held indirectly in spouse’s IRA
Joint account holdings with son
125 shares
Common Stock in joint account with son under Salvati’s direct control
Grant price per share
$0.0000 per share
Indicates no cash paid by Salvati for granted shares
Key Terms
Equity Incentive Plan, Common Stock, IRA, joint account
4 terms
Equity Incentive Plan financial
"The Issuer granted these shares to the Reporting Person pursuant to the Issuer's 2024 Equity Incentive Plan."
An equity incentive plan is a program that gives employees, executives or directors the right to receive company stock or options to buy stock as part of their pay. Think of it as offering slices of future company profit to motivate people to boost long‑term performance; for investors it matters because it can align employee goals with shareholder value but also increases the number of shares outstanding, which can dilute existing ownership.
Common Stock financial
"125 shares of the Issuer's common stock are held in a joint account with the Reporting Person's son."
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
IRA financial
"By spouse's IRA"
An individual retirement account (IRA) is a savings account designed to help people put aside money for their retirement, often with tax advantages that encourage long-term savings. It matters to investors because it can grow over time, providing financial security later in life, and offers benefits that can reduce current taxes or allow investments to compound more effectively.
joint account financial
"125 shares of the Issuer's common stock are held in a joint account with the Reporting Person's son."
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What did Apollo Commercial Real Estate Finance (ARI) director Michael Salvati report on this Form 4?
Director Michael Salvati reported receiving 9,587 shares of Apollo Commercial Real Estate Finance common stock. The shares were granted as equity compensation, not bought in the open market, and increased his direct holdings to 162,542 shares after the transaction.
Was the ARI stock transaction by Michael Salvati a market purchase or a grant?
The transaction was a share grant, not a market purchase. Apollo Commercial Real Estate Finance granted 9,587 shares to Salvati under its 2024 Equity Incentive Plan, meaning he did not pay cash for the shares reported on this Form 4.