Apollo (APO) CLO Whitney Chatterjee Sells 4,899 Shares

What Happened Whitney Chatterjee, Chief Legal Officer of Apollo Global Management (APO), had 4,899 shares disposed on 2026-02-18 as payment to satisfy tax withholding obligations. The shares were valued at $132.43 each, totaling approximately $648,775. This disposition was reported on a Form 4 filed 2026-02-20 and reflects shares withheld to cover taxes from equity awards, not an open-market sale for investment purposes.

Key Details

• Transaction date and price: 2026-02-18 — 4,899 shares at $132.43 each (total ≈ $648,775).
• Transaction code: F (shares withheld to satisfy tax withholding).
• Footnote: The withholding was done by the issuer under the Apollo 2019 Omnibus Equity Incentive Plan.
• Reported holdings: Filing notes 91,147 vested and unvested restricted stock units (RSUs) associated with the reporting person; RSUs vest per award terms.
• Filing timeliness: Form 4 filed on 2026-02-20 for a 2026-02-18 transaction (appears timely).

Context This was a routine tax-withholding disposition (issuer withheld shares to cover tax liability related to RSU awards), often seen when equity awards vest. Such withholdings are administrative and don’t necessarily signal insider sentiment; they differ from open-market sales or purchases.