Chatterjee Whitney 4
Research Summary
AI-generated summary
Apollo (APO) CLO Whitney Chatterjee Receives RSU Award
What Happened
- Whitney Chatterjee, Chief Legal Officer at Apollo Global Management (APO), was granted 96,046 restricted stock units (RSUs) on 2026-02-10 (award code A). On 2026-02-11, 29,349 shares were disposed/withheld at $132.43 per share to satisfy tax withholding obligations, generating proceeds (value withheld) of $3,886,688 (transaction code F). The RSU grant is reported at $0 acquisition price because RSUs are compensation awards that convert to shares when they vest.
Key Details
- Grant date: 2026-02-10 — 96,046 RSUs granted (reported as award, code A).
- Tax withholding/disposition date: 2026-02-11 — 29,349 shares withheld/disposed at $132.43 each, value ~$3,886,688 (code F).
- Shares owned after transaction: not specified in the provided filing.
- Footnotes: RSUs granted under the 2019 Omnibus Equity Incentive Plan; RSUs vest per the award agreement (F1). Filing notes amounts including 151,043 and 96,046 vested/unvested RSUs in reporting (F2, F4). The 29,349-share disposition represents shares withheld by the issuer to satisfy minimum tax withholding (F3).
- Filing status: Report filed 2026-02-12 for a 2026-02-10 report date — appears timely.
Context
- This was an equity award (RSUs) with routine withholding to cover taxes — a common non-market-sale settlement (cashless withholding), not an open-market sale. RSUs vest over time per the award terms, so the grant is a future right to receive shares rather than an immediate purchase. Routine tax-withholding disposals do not necessarily indicate insider sentiment about the stock.