Zelter James C 4
4 · Apollo Global Management, Inc. · Filed Feb 20, 2026
Research Summary
AI-generated summary of this filing
Apollo (APO) President James C. Zelter Sells 319 Shares
What Happened
James C. Zelter, President and Director of Apollo Global Management (APO), had 319 shares withheld by the company on Feb 18, 2026 to satisfy tax withholding obligations tied to equity awards. The withheld shares were valued at $125.15 each, totaling $39,923. This was a tax-withholding disposal (transaction code F), not an open-market sale.
Key Details
- Transaction date and price: 2026-02-18; 319 shares at $125.15 each; total ≈ $39,923.
- Transaction type: F — shares withheld by issuer to satisfy tax withholding on equity award delivery (cashless/withholding disposal).
- Shares owned after transaction: filing does not list a plain-share total; footnote disclosures show large RSU holdings (see below).
- Notable footnotes:
- F1: Withheld shares satisfy tax withholding for shares granted under the Apollo 2019 Omnibus Equity Incentive Plan.
- F2: The reported amount includes 4,873,964 vested and unvested restricted stock units (RSUs) granted under the Plan. Each RSU represents the right to one share when vested.
- F3–F5: Some holdings are held via vehicles controlled by Zelter (The James C. Zelter 2024 GRAT No. 1; 2025 GRAT No. 1; Zelter APO Series LLC).
- Filing timing: Report filed 2026-02-20 for a 2026-02-18 transaction (within the typical SEC Form 4 reporting window).
Context
This was routine tax withholding related to equity compensation (a common occurrence when RSUs vest). Withholding disposals are administrative and do not necessarily indicate the insider is reducing their economic exposure through open-market selling.
Insider Transaction Report
- Tax Payment
Common Stock
[F1][F2]2026-02-18$125.15/sh−319$39,923→ 5,017,139 total
- 372,473(indirect: The James C. Zelter 2024 GRAT No. 1)
Common Stock
[F3] - 453,308(indirect: The James C. Zelter 2025 GRAT No. 1)
Common Stock
[F4] - 999,940(indirect: By LLC)
Common Stock
[F5]
Footnotes (5)
- [F1]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 Apollo Global Management, Inc. 2019 Omnibus Equity Incentive Plan (the "Plan").
- [F2]Reported amount includes 4,873,964 vested and unvested restricted stock units ("RSUs") granted under 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.
- [F3]By The James C. Zelter 2024 GRAT No. 1, a vehicle over which the reporting person exercises voting and investment control.
- [F4]By The James C. Zelter 2025 GRAT No. 1, a vehicle over which the reporting person exercises voting and investment control.
- [F5]By Zelter APO Series LLC, a vehicle over which the reporting person exercises voting and investment control.