Apollo Principal Holdings B GP, LLC 4

What Happened
Apollo Principal Holdings B GP, LLC (reported as a 10% owner) purchased 1,527,300.496 shares of Apollo Origination II (Levered) Capital Trust in an open-market/private purchase on June 24, 2026. The shares were acquired at $26.19 per share for a total transaction value of $40,000,000 (transaction code P). This is a straight purchase (a buy), which is typically more informative to investors than routine sales.

Key Details

• Transaction date: 2026-06-24; Form filed: 2026-06-26 (timely; Form 4 is generally due within two business days).
• Price and quantity: 1,527,300.496 shares at $26.19 per share; total amount $40,000,000.
• Shares owned after transaction: not specified in the provided filing data.
• Footnotes: Securities are held directly by Apollo Direct Lending Fund II (Levered AIV), L.P.; a chain of adviser/GP entities (Apollo Direct Lending Advisors II, L.P.; Apollo Origination Advisors II GP, LLC; APH Holdings (DC), L.P.; Apollo Principal Holdings B GP, LLC) is disclosed. Those entities and named managers (Marc Rowan, Scott Kleinman, James Zelter) disclaim beneficial ownership except to the extent of any pecuniary interest (see footnotes F1–F2).
• Filing exhibits: Exhibit 99.1 included.

Context
This filing reports an institutional-level purchase by a reported 10% owner and related entities rather than an individual officer or director. The footnotes indicate the shares are held through funds and advisor/GP structures; the disclaimer language is standard for such arrangements and means the filing does not necessarily indicate direct personal ownership by the named managers. Purchases by large holders can be of interest to retail investors, but note this reflects the fund/entity activity, not necessarily an executive buying personally.