JOYNER PAMELA J 4
Research Summary
AI-generated summary
Apollo (APO) Director Pamela J. Joyner Receives RSU Award
What Happened
- Pamela J. Joyner, a member of the Board of Directors of Apollo Global Management, was granted 1,589 restricted stock units (RSUs) on July 1, 2026. The reported acquisition price is $0.00 (nominal reporting value); the filing shows no immediate cash value realized.
- Each RSU represents the contingent right to receive one share of Apollo common stock upon vesting. Per the filing, the RSUs vest in installments under the Apollo 2019 Omnibus Equity Incentive Plan and, due to a deferral election, the underlying shares will be issued upon the reporting person’s termination of board service.
Key Details
- Transaction date and price: 2026-07-01; 1,589 RSUs at $0.00.
- Reported filing: Form 4 filed 2026-07-06 (several days after the July 1 transaction; Form 4s are typically due within two business days).
- Shares owned after transaction: not specified in the summary data provided.
- Footnotes:
- F1: Confirms these are RSUs under the 2019 Omnibus Equity Incentive Plan and explains vesting and deferral mechanics.
- F2: Notes the reported amount includes 4,734 RSUs granted under the Plan (as stated in the filing).
Context
- This was an award/grant of RSUs (not an open-market purchase or sale). Awards like this are routine compensation for directors and do not by themselves indicate buying or selling sentiment.
- The RSUs will convert to shares only as they vest and per the deferral election, will be issued when Joyner leaves the board.