KLEINMAN SCOTT 4
Research Summary
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Apollo (APO) Co‑President Scott Kleinman Receives Restricted Shares
What Happened
- Scott Kleinman, Co‑President (and Director) of Apollo Global Management, received an award of 2,048 restricted shares of Apollo common stock on February 17, 2026. The award price is reported at $129.23 per share for a total value of $264,663. This was an equity grant/award (transaction code A), not an open‑market buy or a sale.
Key Details
- Transaction date: 2026-02-17; Price per share: $129.23; Shares granted: 2,048; Total reported value: $264,663.
- Grant type: Restricted shares issued under the Apollo Global Management, Inc. 2019 Omnibus Equity Incentive Plan (see Footnote F1).
- Vesting: These restricted shares vest in installments per the award agreement and require the reporting person to remain in service through each vesting date (F1).
- Holdings disclosure: The filing includes multiple footnotes describing holdings across family and management vehicles (F3, F10–F14, etc.). The report also disclaims beneficial ownership of securities held indirectly except to the extent of Kleinman’s pecuniary interest.
- Timeliness: The Form 4 was filed Feb 19, 2026 for a Feb 17, 2026 transaction; no late filing flag is indicated.
Context
- This is an equity grant (compensation/estate planning vehicle), not an open‑market purchase — such awards are common for executive compensation or estate planning and do not by themselves signal a trading view on the stock.
- The grant is subject to vesting conditions (service-based), so shares are not immediately liquid unless vested or otherwise permitted by plan terms.