Toomey Patrick 4
4 · Apollo Global Management, Inc. · Filed Jul 6, 2026
Research Summary
AI-generated summary of this filing
Apollo (APO) Director Patrick Toomey Receives RSU Award
What Happened
Patrick Toomey, a director of Apollo Global Management, received a grant of 1,589 restricted stock units (RSUs) on 2026-07-01. The Form 4 reports the award at an acquisition price of $0.00 (typical for RSU grants, which convert to shares only as they vest). The filing also notes an aggregate reported amount that includes 4,853 RSUs granted under the company’s 2019 Omnibus Equity Incentive Plan.
Key Details
- Transaction date and price: 2026-07-01; 1,589 RSUs granted @ $0.00 per RSU.
- Reported aggregate: Footnote indicates the reported amount includes 4,853 RSUs granted under the Plan (filing does not explain the difference between the line item and the footnote).
- Shares owned after transaction: Not specified in the Form 4 filing.
- Vesting/treatment: Footnote states RSUs vest in installments per the award agreement and convert to one share per vested RSU when vested.
- Timeliness: Form filed 2026-07-06 for a 2026-07-01 grant (appears later than the typical two-business-day Form 4 deadline).
Context
RSUs are awards that entitle the holder to receive common shares only as they vest; they are not immediate open-market purchases or sales. Grants reported with a $0 acquisition price are standard for RSU awards and do not represent cash spent by the insider. Such awards are routine compensation and do not, by themselves, indicate the insider’s view of near-term share-price direction.
Insider Transaction Report
- Award
Common Stock
[F1][F2]2026-07-01+1,589→ 11,380 total
Footnotes (2)
- [F1]Represents restricted stock units ("RSUs") granted under the Apollo Global Management, Inc. 2019 Omnibus Equity Incentive Plan (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.
- [F2]Reported amount includes 4,853 RSUs granted under the Plan.