Kelly Martin 4
4 · Apollo Global Management, Inc. · Filed Feb 20, 2026
Research Summary
AI-generated summary of this filing
Apollo (APO) CFO Kelly Martin Sells 3,629 Shares
What Happened Kelly Martin, Chief Financial Officer of Apollo Global Management (APO), had 3,629 shares withheld by the company on Feb 18, 2026 to satisfy tax withholding obligations tied to equity awards. The shares were valued at $132.43 each, for a total of about $480,588. This action is a tax-withholding disposal (transaction code F), a routine administrative step rather than an open-market sale.
Key Details
- Transaction date and price: Feb 18, 2026 — 3,629 shares at $132.43 each (~$480,588).
- Transaction type/code: F — shares withheld to satisfy tax withholding on equity awards (cashless withholding).
- Holdings reported: Filing references 304,584 vested and unvested RSUs granted under the 2019 Omnibus Equity Incentive Plan that the report includes.
- Ownership/control note: Some shares are held by the "2025 Martin Kelly Gift Trust," over which Kelly Martin has sole voting and investment control; immediate family are beneficiaries (per footnote).
- Filing date/timeliness: Form 4 filed Feb 20, 2026 (two days after the transaction), consistent with the typical 2-business-day SEC reporting window.
Context This was a routine tax-withholding action tied to RSU awards (not a market sell), often done automatically when awards vest. RSUs referenced represent the right to receive shares according to each award’s vesting schedule; withholding does not necessarily indicate a change in the insider’s view of the company.
Insider Transaction Report
- Tax Payment
Common Stock
[F1][F2]2026-02-18$132.43/sh−3,629$480,588→ 408,637 total
- 25,035(indirect: By Trust)
Common Stock
[F3]
Footnotes (3)
- [F1]Consists of shares withheld by the Issuer to satisfy the tax withholding obligations of the reporting person arising in connection with share awards that were granted under the Apollo Global Management, Inc. 2019 Omnibus Equity Incentive Plan (the "Plan").
- [F2]Reported amount includes 304,584 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]Held by the 2025 Martin Kelly Gift Trust, a trust over which the reporting person exercises sole voting and investment control, and for which members of the reporting person's immediate family are the beneficiaries.