Zelter James C 4
4 · Apollo Global Management, Inc. · Filed Feb 12, 2026
Research Summary
AI-generated summary of this filing
Apollo (APO) President James C. Zelter Receives RSU Award
What Happened
James C. Zelter, President and a director of Apollo Global Management (APO), was granted 29,313 restricted stock units (RSUs) on Feb 10, 2026 (no cash price). The next day (Feb 11, 2026) 15,122 shares were withheld/disposed to satisfy tax withholding obligations at $132.43 per share, a withholding value of $2,002,606. The RSUs represent the contingent right to receive common shares upon vesting under Apollo’s 2019 Omnibus Equity Incentive Plan.
Key Details
- Transactions reported: Feb 10, 2026 (RSU grant of 29,313 RSUs); Feb 11, 2026 (15,122 shares withheld for taxes at $132.43/share, $2,002,606).
- Grant type: RSUs (award/grant — code A). Withholding: tax withholding by issuer (code F), not an open-market sale.
- Holdings reported: filing notes include large totals of vested and unvested RSUs (footnotes report ~4.9 million RSUs across related entries—see F2 and F4).
- Vehicles: certain holdings are held through trusts/vehicles over which Zelter exercises control (see F5–F7).
- Filing: Form 4 filed Feb 12, 2026 reporting activity for Feb 10–11, 2026 — filed within normal Section 16 reporting window (timely).
Context
RSU grants are compensation awards that convert to shares as they vest; the Feb 11 action was the company withholding shares to cover taxes (a routine administrative step), not an open-market sale indicating a directional trade. Retail investors should view this as routine equity compensation and tax-related withholding rather than an explicit buy or sell signal.
Insider Transaction Report
- Award
Common Stock
[F1][F2]2026-02-10+29,313→ 5,032,580 total - Tax Payment
Common Stock
[F3][F4]2026-02-11$132.43/sh−15,122$2,002,606→ 5,017,458 total
- 372,473(indirect: The James C. Zelter 2024 GRAT No. 1)
Common Stock
[F5] - 453,308(indirect: The James C. Zelter 2025 GRAT No. 1)
Common Stock
[F6] - 999,940(indirect: By LLC)
Common Stock
[F7]
Footnotes (7)
- [F1]Represents restricted stock units ("RSUs") granted under the Apollo Global Management, Inc. 2019 Omnibus Equity Incentive Plan (the "Plan"). Each RSU represents the contingent right to receive, in accordance with the issuance schedule set forth in the applicable RSU award agreement, one share of common stock of the Issuer for each vested RSU. The RSUs vest in installments in accordance with the terms of the applicable RSU award agreement, provided the reporting person remains in service through the applicable vesting date.
- [F2]Reported amount includes 4,903,803 vested and unvested RSUs granted under the Plan.
- [F3]Consists of shares withheld by the Issuer to satisfy the tax withholding obligations of the reporting person arising in connection with the delivery of shares that were granted under the Plan.
- [F4]Reported amount includes 4,874,539 vested and unvested RSUs granted under the Plan.
- [F5]By The James C. Zelter 2024 GRAT No. 1, a vehicle over which the reporting person exercises voting and investment control.
- [F6]By The James C. Zelter 2025 GRAT No. 1, a vehicle over which the reporting person exercises voting and investment control.
- [F7]By Zelter APO Series LLC, a vehicle over which the reporting person exercises voting and investment control.