Apollo Asset Backed Credit Director James H. Simmons III Receives Award

What Happened

• James H. Simmons III, a director of Apollo Asset Backed Credit Co LLC, was granted 2,016.503 shares as compensation for board service. The grant price is reported as $0.00, so the reported acquisition value is $0.
• This transaction is an award/grant (code A) rather than an open-market purchase or sale; awards are routine compensation and do not necessarily signal a buy or sell decision by the insider.

Key Details

• Transaction date: 2026-09-25; Form 4 filed: 2026-09-29 (filing appears timely).
• Shares granted: 2,016.503; Price per share: $0.00; Reported value: $0.
• Vesting: Footnote F1 — shares granted as board compensation and vest according to the award agreement, contingent on continued service through the vesting date.
• Footnote F2 notes some holdings may include shares acquired through the issuer’s distribution reinvestment plan.
• Shares owned after the transaction: not specified in the information provided.

Context

• This was a compensation grant to a director (not an open-market buy or sale). Such awards are common for board pay and typically vest over time; they are not immediate cash purchases or dispositions.
• For retail investors, grants show how companies compensate insiders but should not be interpreted alone as an insider “bet” on the company’s near-term stock performance.