KLEINMAN SCOTT 4

What Happened
Scott Kleinman, Co‑President of Apollo Asset Management and a director of Apollo Global Management (APO), was granted 3,170 restricted shares on 2026-05-15 at a per‑share value of $130.93, a total grant value of approximately $415,048. This was an equity award (grant), not an open‑market purchase or sale.

Key Details

• Transaction date: 2026-05-15; reported on Form 4 filed 2026-05-19 (filed within the Form 4 two-business‑day window).
• Grant type/code: Award/Acquisition (A) — restricted shares issued under the 2019 Omnibus Equity Incentive Plan.
• Price/value: $130.93 per share; total value ≈ $415,048.
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Notable footnotes:
  • F1: These are restricted shares issued for estate planning vehicles and vest in installments per the award agreement, subject to continued service.
  • Several footnotes (F10–F12, F2–F9, etc.) indicate shares are held by entities the reporting person controls (family and investment vehicles); the reporting person disclaims beneficial ownership of securities held indirectly except to the extent of any pecuniary interest.
• Timeliness: Filing appears timely (filed May 19 for a May 15 transaction).

Context
Restricted share grants are compensation awards that typically vest over time and do not represent an immediate cash purchase or sale; they signal company compensation/retention actions rather than an immediate personal investment decision. Because these shares are held in estate‑planning and family/investment vehicles (per footnotes), the filing also includes disclaimers about indirect ownership.