O'Neill Mitra 4
Research Summary
AI-generated summary
Apollo (APO) Director O'Neill Mitra Receives RSU Award
What Happened
- O'Neill Mitra, a member of Apollo Global Management's Board of Directors (reported professionally as Mitra Hormozi), received a grant of 1,589 restricted stock units (RSUs) on July 1, 2026. The reported acquisition price is $0.00 because these are equity awards, not a cash purchase. The filing notes the reported amount includes 6,573 RSUs granted under the Apollo 2019 Omnibus Equity Incentive Plan.
- These RSUs represent the contingent right to receive one share of Apollo common stock per vested RSU according to the applicable award agreement. Vesting occurs in installments per the award terms, and due to a deferral election the underlying shares will be issued upon the reporting person's termination of Board service.
Key Details
- Transaction date: 2026-07-01; reported on Form 4 filed 2026-07-06 (filed five days after the transaction — past the typical 2-business-day Section 16 reporting window).
- Transaction type/code: Grant/Award (A); price reported $0.00.
- Shares acquired: 1,589 RSUs (filing notes 6,573 RSUs in total were reported under the Plan).
- Shares owned after transaction: Not specified in the provided filing summary.
- Notable footnotes: F1 explains these are RSUs that vest over time and will be issued upon departure per a deferral election; F2 states the reported amount includes 6,573 RSUs granted under the Plan.
- No sale or purchase of shares occurred — this is an equity award, not a market transaction.
Context
- RSU grants are compensation and do not represent immediate cash investment or proceeds. They provide future equity if and when they vest (and in this case are deferred until termination of Board service).
- Because this is an award/grant, it does not by itself indicate buying or selling sentiment by the insider.