Chatterjee Whitney 4
Research Summary
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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.