Kelly Martin 4
Research Summary
AI-generated summary
Apollo (APO) CFO Kelly Martin Gifts 1,300 Shares
What Happened
- Kelly Martin, Chief Financial Officer of Apollo Global Management (APO), made a gift of 1,300 shares on June 9, 2026. The transaction is coded as a gift (G) with a reported price of $0.00 and no proceeds.
Key Details
- Transaction date: 2026-06-09; filing date: 2026-06-10 (timely filing).
- Transaction type/code: Gift (G); shares disposed: 1,300; reported dollar value: $0.
- Reported holdings: filing notes 304,581 vested and unvested RSUs included in reported amount (see footnote F1).
- Gift recipient/holding vehicle: 2025 Martin Kelly Gift Trust, over which the reporting person exercises sole voting and investment control; beneficiaries are immediate family (footnote F2).
- Filing does not indicate sale proceeds or a 10b5-1 plan; this was a non‑market disposition (no cash received).
Context
- A gift is a non‑market transfer and does not necessarily signal the insider’s view of the company’s stock; it often reflects estate or family planning.
- The RSU footnote explains each RSU represents a contingent right to receive one share upon vesting per grant terms; those RSUs vest per the award agreements and require continued service.