Welcome to our dedicated page for Apollo Commercial Real Estate Finance SEC filings (Ticker: ARI), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Apollo Commercial Real Estate Finance, Inc.'s SEC filings document results of operations, material events and governance for ARI, a Maryland corporation with common stock listed on the NYSE. Its 8-K reports furnish quarterly and annual financial results presentations, GAAP and non-GAAP earnings measures, exhibits and Inline XBRL cover data.
Other filings record material definitive agreements, including the amended and restated management agreement among the company, ACREFI Operating, LLC and ACREFI Management, LLC, as well as shareholder voting matters, capital-structure disclosures and governance matters tied to the completed sale of the commercial real estate loan portfolio.
Apollo Commercial Real Estate Finance, Inc., a Maryland REIT, completed the sale of its approximately $9 billion commercial real estate loan portfolio to Athene Holding Ltd. for cash, using proceeds to repay secured credit facilities, a private securitization and about $1.4 billion of other indebtedness and expenses. Immediately afterward, the balance sheet consisted mainly of $1.3 billion cash, $0.9 billion real estate owned and $0.4 billion debt, for book value per share of $12.15.
Following a strategic review, the board unanimously approved a Plan of Complete Liquidation and Dissolution, subject to stockholder approval. The plan authorizes sale or transfer of remaining REO assets, payment or reserving for liabilities, possible use of a non‑transferable Liquidating Trust, and distribution of net proceeds in one or more liquidating distributions. An initial cash distribution is anticipated within about 30 days after approval in the range of $3.70–$4.00 per share, alongside a separate previously declared $3.75 dividend.
Management estimates total liquidating distributions of $7.75–$8.50 per share, excluding that dividend, and total book value returned of $11.50–$12.25 per share by the first half of 2028, though amounts and timing depend on asset sale prices, taxes, reserves and contingent claims. The company expects to delist and deregister its common stock in connection with the wind‑down and may form a Liquidating Trust managed by an Apollo affiliate for a 0.50% annual fee on net assets in liquidation. Stockholders will also vote on an advisory executive compensation proposal and an adjournment proposal, which the board unanimously recommends supporting.
Apollo Commercial Real Estate Finance, Inc. held its Annual Meeting of Stockholders on July 9, 2026, with 107,005,450 common shares represented, about 81.7% of shares entitled to vote. Stockholders elected eight directors for terms expiring in 2027, with support levels generally exceeding 80 million votes for each nominee. They also ratified Deloitte & Touche LLP as independent registered public accounting firm for the year ending December 31, 2026, by 106,073,804 votes for versus 515,400 against. On an advisory basis, stockholders approved executive compensation with 80,938,314 votes for, 2,718,117 against, 929,854 abstentions, and 22,419,165 broker non-votes.
Apollo Commercial Real Estate Finance, Inc. ownership update: BlackRock, Inc. reports beneficial ownership of 11,616,706 shares, representing 8.9% of the common stock, with 11,343,863 shares of sole voting power. This filing is Amendment No. 4 and reflects holdings by certain Reporting Business Units.
Apollo Commercial Real Estate Finance, Inc. (ARI) announced that its board declared a $3.75 per share common stock dividend, payable on July 15, 2026 to stockholders of record on June 30, 2026. This payment will be predominately treated as a return of capital.
The board also concluded, after reviewing strategic alternatives, that a plan of complete liquidation and dissolution of ARI, including selling remaining assets and winding down the business, is advisable and in the best interest of the company and its stockholders, subject to stockholder approval. ARI plans to file a preliminary proxy statement outlining the dissolution plan, and the board retains discretion to amend, terminate or pursue other strategic options such as a merger or business combination.
Apollo Commercial Real Estate Finance, Inc. is asking stockholders to vote at its virtual 2026 annual meeting on July 9, 2026. Stockholders will elect eight directors, ratify Deloitte & Touche LLP as independent auditor for 2026, and approve on an advisory basis the compensation of named executive officers.
The record date is May 18, 2026, and there were 130,947,251 shares of common stock outstanding on that date, each entitled to one vote. The board recommends voting FOR all director nominees, FOR auditor ratification, and FOR the advisory say‑on‑pay proposal.
Apollo Commercial Real Estate Finance director Carmencita N.M. Whonder sold 4,574 shares of common stock in an open-market transaction. The shares were sold on May 13, 2026 at a weighted average price of $10.9299 per share, with individual trade prices ranging from $10.92 to $10.95. Following this sale, she directly holds 24,799 Apollo Commercial Real Estate Finance common shares.
Apollo Commercial Real Estate Finance, Inc. reported that director Scott S. Prince has informed the company he will not stand for re-election to the Board at the next annual meeting of stockholders. The company stated that Mr. Prince’s decision is not due to any dispute or disagreement regarding its operations, policies or practices.
Apollo Commercial Real Estate Finance, Inc. filed an amended annual report to add Part III information on directors, governance, compensation and ownership, and to describe a major portfolio transaction. As of April 29, 2026, the company had 132,849,702 common shares outstanding, and non‑affiliate market value was about $1.3 billion as of June 30, 2025.
The nine‑member board features a mix of financial, real estate, legal and policy experience, with average tenure of 9.8 years and majority independence. Standing audit, compensation and nominating committees met regularly in 2025, and a special committee held about 24 meetings to evaluate strategic options.
Director pay in 2025 combined cash retainers with equity; most non‑employee directors received total compensation just above $200,000, including restricted stock that vests after one year. The compensation committee also granted 1,400,000 restricted stock units under the 2024 Equity Incentive Plan, including 109,452 units to the CEO and 34,825 to the CFO, vesting over three years.
The filing highlights Apollo’s human‑capital approach as external manager and notes minimum equity‑ownership guidelines for directors. It also discloses an asset purchase agreement under which the company sold its commercial real estate loan portfolio (excluding certain repaid or expected‑to‑repay loans) to Athene for approximately $8.6 billion, equal to about 99.7% of total loan commitments, with up to $10 million of related expenses reimbursable by an Apollo affiliate.
Apollo Commercial Real Estate Finance Inc ownership disclosure: Vanguard Capital Management reports beneficial ownership of 7,409,321 shares of Common Stock, representing 5.33% of the class as of 03/31/2026. The filing shows sole voting power for 1,004,378 shares and sole dispositive power for 7,409,321 shares. The filing states this position includes holdings across Vanguard affiliates and funds as described in the disclosure.