ARI Director Mark Biderman Receives 9,587-Share Award

What Happened
Mark C. Biderman, a director of Apollo Commercial Real Estate Finance, Inc. (ARI), received a grant of 9,587 shares (transaction code A) on April 1, 2026. The shares were granted at a $0.00 per-share price (total reported value $0) as an award under the issuer's equity plan.

Key Details

• Transaction date: 2026-04-01; filing date (Form 4): 2026-04-03 (filed within the normal 2-business-day window).
• Transaction type/code: A — Award/Grant. Price reported: $0.00 per share; total value reported: $0.
• Shares granted: 9,587.
• Shares owned after transaction: not specified in the provided filing.
• Footnote: F1 — shares were granted pursuant to the Issuer's 2024 Equity Incentive Plan.
• No indication of a sale, purchase, tax withholding, 10b5-1 plan, or late filing in this report.

Context
This was a compensation grant, not an open-market purchase or sale. Grants like this are common for directors and reflect standard equity compensation — they are disclosure events rather than direct signals of buying or selling intent.