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Research Summary
AI-generated summary
Apollo (APO) Director Gary Cohn Receives RSU Award
What Happened
- Gary D. Cohn, a director of Apollo Global Management, was granted 3,345 restricted stock units (RSUs) on May 7, 2026. The award is reported at $0.00 per share (no cash paid at grant). The RSUs represent the right to receive one share of common stock for each vested RSU according to the award agreement, and issuance is deferred until his termination of board service.
Key Details
- Transaction date: 2026-05-07; Form filed: 2026-05-11 (filed within required reporting window).
- Transaction type/code: Award/Grant (A).
- Reported grant: 3,345 RSUs at $0.00 (value at grant shown as $0).
- Footnotes: F1 — RSUs convert to one share per vested unit and vest in installments per the award agreement; issuance deferred until termination of board service. F2 — filing notes reported amount includes 5,153 vested and unvested RSUs granted under the Plan.
- Shares owned after transaction: Not specified in the provided filing details.
Context
- This is an equity award (RSUs) to a board member, not a market purchase or sale. RSU grants are common compensation and do not by themselves signal an immediate buy or sell — shares are delivered only as units vest (and here are deferred until he leaves the board). The filing appears timely (within the SEC’s two-business-day Form 4 window).