Toomey Patrick 4

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.