Belardi James Richard 4

What Happened James Richard Belardi, listed as a director of Apollo Global Management (and Executive Chairman of Athene Holding Ltd.), received an award of 41,892 restricted stock units (RSUs) on February 10, 2026. The grant is reported as an acquisition (code A) at $0.00 per unit (typical for RSU grants); RSUs convert to one share each as they vest under the applicable RSU award agreement. The filing reports a total of 128,647 vested and unvested RSUs held by or reported for Belardi after adjustments.

Key Details

• Transaction date: 2026-02-10 (Filed 2026-02-12; appears to be timely)
• Transaction type/code: Grant/Award (A) of RSUs
• Units granted: 41,892 RSUs; reported price per unit: $0.00
• Shares/units reported after transaction: 128,647 vested and unvested RSUs (per filing)
• Notable footnotes:
  • F1: RSUs represent the contingent right to receive one share per vested RSU, according to the vesting schedule.
  • F2: 41,892 RSUs were transferred to the James and Leslie Belardi Family Trust; that transfer was exempt from Section 16 under Rule 16a-13.
  • F3: The reported total includes 128,647 vested and unvested RSUs under Apollo’s equity plan.
• Filing timeliness: Filing date (Feb 12) is two days after the transaction (Feb 10), which generally meets the Section 16 filing window.

Context This was a compensation grant (RSUs), not a market purchase or sale. RSU grants are non-cash awards that convert to shares only as they vest, so they do not necessarily signal buying or selling intent. The transfer of the RSUs to a family trust was reported as exempt from Section 16 reporting rules and does not change the nature of the award.