Kelly Martin 4

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.