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APOApollo Global Management, Inc. · Insider ownership research

Apollo Global Management, Inc. insiders sold $9.8M in the past 12 months. How much of their stake is that?

About 0.2% overall. As a group they still hold 99% of their starting shares. The biggest individual seller, John Zito, gave up 46% of starting holdings. These figures leave out Joshua Harris, the largest holder (most holdings were last confirmed in 2023).

Updated Oct 8, 2026 from SEC filings · covers Oct 9, 2025 to Oct 8, 2026
How this comparesMore of their stake sold than at 25 of the 156 other companies we can measure (#132 of 157)See ranking
0
buyers among officers and directors, past 12 months
0%
of sales were under disclosed trading plans, past 12 months
3 of 22
officers and directors sold shares, past 12 months
Recent activity · past 30 days, Sep 9, 2026 to Oct 8, 2026
Sep 10, 2026James Belardi gave away 39K shares as a gift.
WhoSharesPrice% of total stakeTotal stake afterTrade dateFiled
James Belardi
Officer, Director
38,605n/an/an/aSep 10, 2026Sep 14, 2026

"% of total stake" is the shares in this event against all the vested shares the person held that day, across every share class and holding entity, after that day's vesting. "n/a" means the person's holdings don't reconcile, or the row is a purchase. "Holdings record incomplete" means more shares were sold than the filings show the person held that day, so a percentage would be wrong.

Is this normal? Less than usual: about one-twentieth of the 3-year average. 3 insiders sold; the average is 4 a year. Year by year
Latest filing: Filed Sep 14 for a gift on Sep 10. James Belardi gave away 39K shares. Filing
51 SEC ownership filings in the period · See the evidence

What stands out

Two officers sold more than 25% of vested holdings: John Zito (46% of holdings, $6.4M, none under a disclosed plan) and Whitney Chatterjee (30% of holdings, $1.2M, none under a disclosed plan).John Zito: largest sale, May 27, 2026 · Whitney Chatterjee: largest sale, Dec 10, 2025
Martin Kelly (4.5% of holdings) sold $2.2M of stock with no disclosed trading plan. The filings don't state a reason.Largest such sale, May 14, 2026
Tax withholding outweighed market sales: the company withheld $21.0M of officers' and directors' shares for taxes, against $9.8M sold on the open market. The largest was John Zito ($5.2M withheld).Largest withholding, Feb 11, 2026

Percentages cover 18 of 22 officers and directors. 4 are left out

i
Left out: James Belardi and James Zelter (holdings couldn't be fully reconciled); Joshua Harris (most holdings were last confirmed in 2023); Gary Cohn (held no vested shares at the start).
Disclosed company stock is not an insider's whole wealth.

Who sold, and how much of their stake

Officers and directors, past 12 months. Each bar is the insider's vested stake at the start of the period (Oct 8, 2025). The gold part is what they sold.

SoldRest of starting stakeAdded during the period
John Zito
Co-President of Apollo Asset Management, Inc
46% · $6.4MNo plan disclosed
Martin Kelly
Chief Financial Officer
4.5% · $2.2MNo plan disclosed
Whitney Chatterjee
Chief Legal Officer
30% · $1.2MNo plan disclosed
Amounts, filings and trading plans for each seller

Selling by month

Officers and directors, Oct 2025 to Oct 2026. Each sale is counted once: under a disclosed plan, else to cover taxes, else no plan disclosed.

Disclosed planTo cover taxesNo plan disclosed
OctNovDec 2025: $2.0M no plan disclosedDecJanFebMarAprMay 2026: $7.3M no plan disclosed$7.3MMayJunJulAug 2026: $423K no plan disclosedAugSepOct

Outside holders, reported separately

Leon Black, Socrates Trust and LDB 2014 LLC and 5 more reported no open-market sales in the past 12 months. Large shareholders and the funds or companies that board members represent are not part of management, so they are left out of the figures above.

Details

Common questions

Is the Apollo Global Management, Inc. CEO selling stock?

No. Marc Rowan reported no open-market sales in the past 12 months.

Why are Apollo Global Management, Inc. insiders selling?

Filings rarely give a reason, and we don't guess at one. What they show is how the sales were made: 0% of sales by value ran under 10b5-1 trading plans disclosed in the filings and 100% had no disclosed plan. A trading plan schedules sales in advance.

Are any Apollo Global Management, Inc. insiders buying?

No. Officers and directors reported no purchases in the past 12 months.

How much of their stake did Apollo Global Management, Inc. insiders sell?

About 0.2% overall. As a group they still hold 99% of their starting shares. The biggest individual seller, John Zito, gave up 46% of starting holdings. These figures leave out Joshua Harris, the largest holder (most holdings were last confirmed in 2023). That covers the 12 months to Oct 8, 2026 and counts vested shares reported on SEC Forms 3, 4 and 5, which is not an insider's whole wealth.

The evidence

Who sold3 officers and directors: amount, % of holdings, trading plan
Who soldAmount% of holdingsTrading plan
John Zito
Co-President of Apollo Asset Management, Inc
$6.4M
49K shares
46%No plan disclosed
Martin Kelly
Chief Financial Officer
$2.2M
16K shares
4.5%No plan disclosed
Whitney Chatterjee
Chief Legal Officer
$1.2M
8.5K shares
30%No plan disclosed

Board members representing outside shareholders, reported separately: Joshua Harris. Details

Outside holder, reported separately: Leon Black (a 10% owner, not part of management). No open-market sales reported in the period. Holds 37.96M shares. Latest filing

Outside holder, reported separately: Socrates Trust (a 10% owner, not part of management). No open-market sales reported in the period. Holds 29.63M shares. Latest filing

Outside holder, reported separately: LDB 2014 LLC (a 10% owner, not part of management). No open-market sales reported in the period. Holds 3.65M shares. Latest filing

Outside holder, reported separately: LDB C LLC (a 10% owner, not part of management). No open-market sales reported in the period. Holds 3.00M shares. Latest filing

Outside holder, reported separately: LDB 2025 LLC (a 10% owner, not part of management). No open-market sales reported in the period. Holds 3.00M shares. Latest filing

Outside holder, reported separately: Mallory Trust (a 10% owner, not part of management). No open-market sales reported in the period. Holds 974K shares. Latest filing

Outside holder, reported separately: LB 2018 GST Trust (a 10% owner, not part of management). No open-market sales reported in the period. Holds 622K shares. Latest filing

The full ownership picture20 of 22 insiders fully reconciled · 21 officers and directors

Vested shares across all share classes, held directly and through trusts, LLCs and family members, as reported on SEC Forms 3, 4 and 5. Unvested awards and options are never counted as owned shares.

InsiderHeld Oct 8, 2025SoldHeld Oct 8, 2026Still held
Marc Rowan
i
An owner entity could not be identified from the footnotes. Additional holdings last reported more than 3 years ago are shown separately and excluded from totals.
Chief Executive Officer and, Director
35.70M035.56Mno sales
Vesting, gifts, unvested awards and holding lines for Marc Rowan
0shares vested or exercised
−140Kgifted (net of own trusts)
none reportedunvested awards, start → end
  • An owner entity could not be identified from the footnotes.
  • Additional holdings last reported more than 3 years ago are shown separately and excluded from totals.
Held throughShare classOct 8, 2025Oct 8, 2026
DirectCommon Stock1,692,1601,552,160
Reporting Person, RWN Management, LLCCommon Stock23,598,11823,598,118
Unresolved (see footnote)Common Stock8,305,6368,305,636
MJR-VPF LLCCommon Stock1,500,0001,500,000
a family trust controlled by Marc RowanCommon Stock602,902602,902

Additional holdings last reported Nov 4, 2022, not confirmed since: 8,763,957 shares. Not included in any total or percentage on this page.

James Belardi
!
Holdings couldn't be fully reconciled. A footnote describes a transfer or distribution between related entities, but the amounts could not be matched to the balance change. Largest: -2,101,334 shares on Dec 11, 2025 (Direct). See the filing Sales and other transactions for James Belardi are complete.
Officer, Director
n/a0n/an/a
Vesting, gifts, unvested awards and holding lines for James Belardi
+148Kshares vested or exercised
−72Kgifted (net of own trusts)
−29Kwithheld by the company for taxes
none reportedunvested awards, start → end
  • Includes unvested RSUs, amount not disclosed.
  • Unvested RSUs stated in footnotes are excluded from owned shares.

Holdings couldn't be fully reconciled. A footnote describes a transfer or distribution between related entities, but the amounts could not be matched to the balance change. Largest: -2,101,334 shares on Dec 11, 2025 (Direct). The balances below are as reported, not verified totals.

Held throughShare classOct 8, 2025Oct 8, 2026
Direct
includes unvested RSUs, amount not disclosed
Common Stock2,210,9101,804,761
JB Athene Investments, LLCCommon Stock1,870,5971,870,597
JB Athene Investments IV, LLCCommon Stock1,478,1851,478,185
Belardi 2019 GST Non-Exempt Descendants TrustCommon Stock155,981236,052
sonCommon Stock5001,000
daughterCommon Stock5001,000
motherCommon Stock305305
James and Leslie Belardi Family TrustCommon Stock028,236
Belardi 2024 GRATCommon Stock0138,617
Belardi 2025 GRATCommon Stock076,385
Belardi 2026 GRATCommon Stock0147,813
Scott Kleinman
i
Unvested RSUs stated in footnotes are excluded from owned shares.
Officer, Director
3.06M03.03Mno sales
Vesting, gifts, unvested awards and holding lines for Scott Kleinman
0shares vested or exercised
−40Kgifted (net of own trusts)
none reportedunvested awards, start → end
  • Unvested RSUs stated in footnotes are excluded from owned shares.
Held throughShare classOct 8, 2025Oct 8, 2026
DirectCommon Stock24,98824,988
KRT Delaware LLCCommon Stock1,806,0861,806,086
KRT Investments IX LLCCommon Stock383,980383,980
KFGT LLCCommon Stock380,425380,425
HCM APO Series LLC, Series ACommon Stock266,592226,873
KDGT LLCCommon Stock77,33577,335
Heathcote Capital Partners LPCommon Stock65,69581,049
HCM APO Series LLC, Series BCommon Stock27,40827,408
HCM APO Series LLC, Series CCommon Stock9,7829,782
KRT Investments LLCCommon Stock9,3919,391
KRT Investments VII LLCCommon Stock4,5844,584
James Zelter
!
Holdings couldn't be fully reconciled. Balance changed without a matching transaction, and the footnote does not state the amount: -43,384 shares on Nov 6, 2025 (Direct). See the filing Sales and other transactions for James Zelter are complete.
President, Director
n/a0n/an/a
Vesting, gifts, unvested awards and holding lines for James Zelter
0shares vested or exercised
0gifted (net of own trusts)
−18Kwithheld by the company for taxes
none reportedunvested awards, start → end
  • Unvested RSUs stated in footnotes are excluded from owned shares.
  • Additional holdings last reported more than 3 years ago are shown separately and excluded from totals.

Holdings couldn't be fully reconciled. Balance changed without a matching transaction, and the footnote does not state the amount: -43,384 shares on Nov 6, 2025 (Direct). The balances below are as reported, not verified totals.

Held throughShare classOct 8, 2025Oct 8, 2026
DirectCommon Stock173,161143,175
Zelter APO Series LLCCommon Stock999,940999,940
James C. Zelter 2024 GRAT No. 1Common Stock621,165372,473
James C. Zelter 2023 GRAT No. 1Common Stock161,232161,232
James C. Zelter 2025 GRAT No. 1Common Stock0453,308

Additional holdings last reported Aug 31, 2023, not confirmed since: 69,319 shares. Not included in any total or percentage on this page.

Grant Kvalheim
i
Unvested RSUs stated in footnotes are excluded from owned shares.
CEO of Athene Holding Ltd.
1.69M01.70Mno sales
Vesting, gifts, unvested awards and holding lines for Grant Kvalheim
0shares vested or exercised
0gifted (net of own trusts)
−5Kwithheld by the company for taxes
none reportedunvested awards, start → end
  • Unvested RSUs stated in footnotes are excluded from owned shares.
Held throughShare classOct 8, 2025Oct 8, 2026
DirectCommon Stock1,693,0651,699,706

Stock options (not counted as shares):

Options heldStrike priceExpiresIntrinsic value (estimate)
46,892$43.27Feb 21, 2030$4.6M
56,641$40.60Feb 22, 2031$5.7M

Estimate: options held × ($140.84 − strike price), using the most recent insider trade price on Form 4 (Aug 14, 2026), not a market close.

Joshua Harris
!
Most of this insider's holdings were last confirmed in 2023. Confirmed in the last three years: 572,007 shares. Not confirmed since: 109,175,722 shares, left out of this row. "Still held" is not shown because it would cover only the smaller, confirmed part.
Director
572K0572Ksee note
Vesting, gifts, unvested awards and holding lines for Joshua Harris
0shares vested or exercised
0gifted (net of own trusts)
none reportedunvested awards, start → end
  • Additional holdings last reported more than 3 years ago are shown separately and excluded from totals.
  • Shares held through MJH Partners II LLC belong to an outside shareholder this director represents; they are listed under "Board members representing outside shareholders", not here.
Held throughShare classOct 8, 2025Oct 8, 2026
DirectCommon Stock572,007572,007

Additional holdings last reported May 30, 2023, not confirmed since: 109,175,722 shares. Not included in any total or percentage on this page.

Krongard A B
i
Unvested RSUs stated in footnotes are excluded from owned shares.
Director
438K0438Kno sales
Vesting, gifts, unvested awards and holding lines for Krongard A B
0shares vested or exercised
0gifted (net of own trusts)
none reportedunvested awards, start → end
  • Unvested RSUs stated in footnotes are excluded from owned shares.
Held throughShare classOct 8, 2025Oct 8, 2026
DirectCommon Stock75,16475,164
Alvin B. Krongard Family TrustCommon Stock250,000250,000
Cheryl Krongard Family TrustCommon Stock113,043113,043
Martin Kelly
i
Minor difference of 1,300 shares. Difference is stated in footnotes (unreported vesting, exempt acquisition or transfer). Includes unvested RSUs, amount not disclosed. Unvested RSUs stated in footnotes are excluded from owned shares.
Chief Financial Officer
357K−16K117K33%
Vesting, gifts, unvested awards and holding lines for Martin Kelly
0shares vested or exercised
−4.4Kgifted (net of own trusts)
−32Kwithheld by the company for taxes
none reportedunvested awards, start → end
  • Includes unvested RSUs, amount not disclosed.
  • Unvested RSUs stated in footnotes are excluded from owned shares.
Held throughShare classOct 8, 2025Oct 8, 2026
DirectCommon Stock331,60491,952
2025 Martin Kelly Gift TrustCommon Stock25,03525,035

Reconciliation: minor difference of 1,300 shares. Difference is stated in footnotes (unreported vesting, exempt acquisition or transfer).

Marc Beilinson
i
Unvested RSUs stated in footnotes are excluded from owned shares.
Director
108K0112Kno sales
Vesting, gifts, unvested awards and holding lines for Marc Beilinson
0shares vested or exercised
0gifted (net of own trusts)
none reportedunvested awards, start → end
  • Unvested RSUs stated in footnotes are excluded from owned shares.
Held throughShare classOct 8, 2025Oct 8, 2026
DirectCommon Stock108,425112,261
John Zito
i
Unvested RSUs stated in footnotes are excluded from owned shares.
Co-President of Apollo Asset Management, Inc
107K−49K90K85%
Vesting, gifts, unvested awards and holding lines for John Zito
0shares vested or exercised
0gifted (net of own trusts)
−40Kwithheld by the company for taxes
none reportedunvested awards, start → end
  • Unvested RSUs stated in footnotes are excluded from owned shares.
Held throughShare classOct 8, 2025Oct 8, 2026
DirectCommon Stock106,72590,200
Pauline Richards
i
Unvested RSUs stated in footnotes are excluded from owned shares.
Director
85K085Kno sales
Vesting, gifts, unvested awards and holding lines for Pauline Richards
0shares vested or exercised
0gifted (net of own trusts)
none reportedunvested awards, start → end
  • Unvested RSUs stated in footnotes are excluded from owned shares.
Held throughShare classOct 8, 2025Oct 8, 2026
DirectCommon Stock84,70584,705
Brian Leach
i
Unvested RSUs stated in footnotes are excluded from owned shares.
Director
39K039Kno sales
Vesting, gifts, unvested awards and holding lines for Brian Leach
0shares vested or exercised
0gifted (net of own trusts)
none reportedunvested awards, start → end
  • Unvested RSUs stated in footnotes are excluded from owned shares.
Held throughShare classOct 8, 2025Oct 8, 2026
DirectCommon Stock38,50338,503
Whitney Chatterjee
i
Unvested RSUs stated in footnotes are excluded from owned shares.
Chief Legal Officer
28K−8.5K45K+61%
Vesting, gifts, unvested awards and holding lines for Whitney Chatterjee
0shares vested or exercised
0gifted (net of own trusts)
−34Kwithheld by the company for taxes
none reportedunvested awards, start → end
  • Unvested RSUs stated in footnotes are excluded from owned shares.
Held throughShare classOct 8, 2025Oct 8, 2026
DirectCommon Stock28,19545,343
Mitra O'Neill
i
Unvested RSUs stated in footnotes are excluded from owned shares.
Director
26K030Kno sales
Vesting, gifts, unvested awards and holding lines for Mitra O'Neill
0shares vested or exercised
0gifted (net of own trusts)
none reportedunvested awards, start → end
  • Unvested RSUs stated in footnotes are excluded from owned shares.
Held throughShare classOct 8, 2025Oct 8, 2026
DirectCommon Stock23,29527,131
SpouseCommon Stock2,5002,500
Kerry Healey
i
Unvested RSUs stated in footnotes are excluded from owned shares.
Director
18K019Kno sales
Vesting, gifts, unvested awards and holding lines for Kerry Healey
0shares vested or exercised
0gifted (net of own trusts)
none reportedunvested awards, start → end
  • Unvested RSUs stated in footnotes are excluded from owned shares.
Held throughShare classOct 8, 2025Oct 8, 2026
DirectCommon Stock17,56019,259
Lynn Swann
i
Unvested RSUs stated in footnotes are excluded from owned shares.
Director
13K017Kno sales
Vesting, gifts, unvested awards and holding lines for Lynn Swann
0shares vested or exercised
0gifted (net of own trusts)
none reportedunvested awards, start → end
  • Unvested RSUs stated in footnotes are excluded from owned shares.
Held throughShare classOct 8, 2025Oct 8, 2026
DirectCommon Stock13,18017,016
Pamela Joyner
i
Unvested RSUs stated in footnotes are excluded from owned shares.
Director
12K012Kno sales
Vesting, gifts, unvested awards and holding lines for Pamela Joyner
0shares vested or exercised
0gifted (net of own trusts)
none reportedunvested awards, start → end
  • Unvested RSUs stated in footnotes are excluded from owned shares.
Held throughShare classOct 8, 2025Oct 8, 2026
DirectCommon Stock11,79011,790
David Simon
i
Unvested RSUs stated in footnotes are excluded from owned shares.
Director
10K010Kno sales
Vesting, gifts, unvested awards and holding lines for David Simon
0shares vested or exercised
0gifted (net of own trusts)
none reportedunvested awards, start → end
  • Unvested RSUs stated in footnotes are excluded from owned shares.
Held throughShare classOct 8, 2025Oct 8, 2026
DirectCommon Stock10,11810,118
Patrick Toomey
i
Includes unvested RSUs, amount not disclosed. Unvested RSUs stated in footnotes are excluded from owned shares.
Director
9.8K06.5Kno sales
Vesting, gifts, unvested awards and holding lines for Patrick Toomey
0shares vested or exercised
0gifted (net of own trusts)
none reportedunvested awards, start → end
  • Includes unvested RSUs, amount not disclosed.
  • Unvested RSUs stated in footnotes are excluded from owned shares.
Held throughShare classOct 8, 2025Oct 8, 2026
DirectCommon Stock9,7916,527
Jessica Bibliowicz
i
Unvested RSUs stated in footnotes are excluded from owned shares.
Director
7.7K012Kno sales
Vesting, gifts, unvested awards and holding lines for Jessica Bibliowicz
0shares vested or exercised
0gifted (net of own trusts)
none reportedunvested awards, start → end
  • Unvested RSUs stated in footnotes are excluded from owned shares.
Held throughShare classOct 8, 2025Oct 8, 2026
DirectCommon Stock7,67011,506
Kristiane Kinahan
i
Unvested RSUs stated in footnotes are excluded from owned shares.
Chief Acct. Off.
2.3K03.4Kno sales
Vesting, gifts, unvested awards and holding lines for Kristiane Kinahan
0shares vested or exercised
0gifted (net of own trusts)
−725withheld by the company for taxes
none reportedunvested awards, start → end
  • Unvested RSUs stated in footnotes are excluded from owned shares.
Held throughShare classOct 8, 2025Oct 8, 2026
DirectCommon Stock2,2523,432

20 of 22 insiders fully reconciled: starting holdings plus reported transactions match ending holdings (19 exactly, 1 with a minor or footnoted difference). For 2 we show sales but not holdings; the ! icon on their rows explains why. Percentages cover 18 of 22 officers and directors. Left out: James Belardi and James Zelter (holdings couldn't be fully reconciled); Joshua Harris (most holdings were last confirmed in 2023); Gary Cohn (held no vested shares at the start). "Still held" compares ending with starting vested shares; a plus sign means the holding grew.

What explains the selling$9.8M of sales by plan status, purpose, seller and month

Officer and director open-market sales: $9.8M across 73,144 shares. Plan status and stated purpose are separate questions, and a sale can have both.

By plan status

No plan disclosed · $9.8M

Sales with no 10b5-1 plan and no tax reference in the filing. $6.4M of it is John Zito. No plan disclosed is a statement about the filing, not about why the sale happened. Largest such sale: John Zito, May 27, 2026

Taxes

159,107 shares ($21.0M) were withheld by the company for taxes, which isn't a market sale.

SellerShares soldProceedsUnder a disclosed planShare of totalSales dates
John Zito
Co-President of Apollo Asset Management, Inc
49K$6.4M0%65%May 27, 2026 to May 27, 2026
Martin Kelly
Chief Financial Officer
16K$2.2M0%22%Dec 1, 2025 to Aug 14, 2026
Whitney Chatterjee
Chief Legal Officer
8.5K$1.2M0%13%Dec 10, 2025 to Dec 10, 2025

Sales by month

MonthSale proceedsDisclosed planTo cover taxesNo plan disclosed
Oct 2025$0$0$0$0
Nov 2025$0$0$0$0
Dec 2025$2.0M$0$0$2.0M
Jan 2026$0$0$0$0
Feb 2026$0$0$0$0
Mar 2026$0$0$0$0
Apr 2026$0$0$0$0
May 2026$7.3M$0$0$7.3M
Jun 2026$0$0$0$0
Jul 2026$0$0$0$0
Aug 2026$423K$0$0$423K
Sep 2026$0$0$0$0
Oct 2026$0$0$0$0
Board members representing outside shareholders (1)Listed and sourced; not part of the management totals or the answer line

Directors whose reported holdings sit mostly in an investment fund or a corporate shareholder they represent, not in their own name, with beneficial ownership disclaimed except for their own financial interest. Listed and sourced here; not part of the management totals or the answer line. Shares a fund hands to its own investors are distributions, not sales.

Board memberHeld Oct 8, 2025SoldHeld Oct 8, 2026Still held
Joshua Harris
Director
33.74M033.74Mno sales
Vesting, gifts, unvested awards and holding lines for Joshua Harris
0shares vested or exercised
0gifted (net of own trusts)
none reportedunvested awards, start → end
Held throughShare classOct 8, 2025Oct 8, 2026
MJH Partners II LLCCommon Stock33,741,68333,741,683
Is this normal? Selling year by year3 earlier years to compare with

Less than usual: about one-twentieth of the 3-year average. 3 insiders sold; the average is 4 a year.

12 months endingShares soldInsiders who soldProceeds
Oct 8, 2026
Latest 12 months
73K3$9.8M
Oct 8, 2025
1 year earlier
1.05M5$182M
Oct 8, 2024
2 years earlier
709K4$73.8M
Oct 9, 2023
3 years earlier
2.50M4$165M
Oct 9, 2022
4 years earlier · filings don't cover the whole year
75K1$4.3M
Oct 9, 2021
5 years earlier · filings don't cover the whole year
n/an/an/a

Open-market sales (Form 4 code S) by people who were officers or directors, in split-adjusted shares. Earlier years include people who have since left. A sale that an outside holder also reports (a family trust, a fund) is counted with outside holders in every year. Shares, not dollars, are compared, so a change in the stock price doesn't look like a change in selling. Years the filings don't fully cover are shown but left out of the average.

Known gaps and uncertainty2 insiders whose holdings couldn't be fully reconciled

James Belardi: holdings couldn't be fully reconciled (difference of -37,708 shares). A footnote describes a transfer or distribution between related entities, but the amounts could not be matched to the balance change. Largest: -2,101,334 shares on Dec 11, 2025 (Direct). Filing, Dec 11, 2025

Footnote: "Reported amounts have been adjusted to reflect the transfer of 356,149 shares of Apollo Global Management, Inc., previously reported as owned by JB Athene Investments II, LLC, pro-rata, in-kind, for no consideration, to its members, including 12,175 shares to the Reporting Person, 81,571 shares to Belardi 2019 GST Non-Exempt Descendants Trust, 47,401 shares to the Belardi 2022 GRAT II, 138,617 shares to the Belardi 2024 GRAT, and 76,385 shares to the Belardi 2025 GRAT, each of which transfer was exempt from Section 16 pursuant to Rule 16a-13 under the Exchange Act. | Reported amounts have been"

James Zelter: holdings couldn't be fully reconciled (difference of 161,232 shares). Balance changed without a matching transaction, and the footnote does not state the amount: -43,384 shares on Nov 6, 2025 (Direct). Filing, Nov 6, 2025

Footnote: "Consists of shares (a) sold to provide funds to satisfy tax obligations of the reporting person or (b) withheld by the Issuer to satisfy the tax withholding obligations of the reporting person, in each case arising in connection with the delivery of shares that were granted under the Apollo Global Management, Inc. 2019 Omnibus Equity Incentive Plan (the "Plan"). | Reported amount includes 4,874,490 vested and unvested restricted stock units ("RSUs") granted under the Plan. Each RSU represents the contingent right to receive, in accordance with the issuance schedule set forth in the applicable "

Martin Kelly: minor difference of 1,300 shares. Difference is stated in footnotes (unreported vesting, exempt acquisition or transfer).

Inferred rename: "Kleinman Children's Trust" is treated as the same holder as "KFGT LLC", because the old name was never reported again and the new one opened with the same balance (380,425 shares). Old name, new name

Inferred rename: the share class "Class A Common Stock" is treated as the same class as "Common Stock" on 1 holding line, because the old title was never reported again on those lines and each balance carried over exactly. Example (Leon Black, 50,729,773 shares): old title, new title

External context: we only cite outside events when a documented connection exists. None is shown for this period.

Sources and methodology356 filings from SEC EDGAR, and how we read them

All 356 Forms 3, 4 and 5 filed for Apollo Global Management, Inc. (SEC CIK 1858681) from Jan 3, 2022 to Sep 14, 2026, retrieved from SEC EDGAR on Oct 8, 2026. Prices are the ones reported in each filing, often weighted averages.

Holdings. Each holding line (a share class plus an owner, such as a trust or LLC) carries its last reported balance forward. Entities first reported during the period start at zero, so transfers between an insider's own trusts don't count as selling. Lines not reported for three years or more are listed separately and left out of totals.

Sales. A sale counts as under a 10b5-1 plan if its footnote cites one or the filing's Rule 10b5-1 box is checked, and as tax-related if its footnote cites tax obligations or sell-to-cover. Shares withheld by the company for taxes are listed separately. Sales with neither attribute are labeled "no plan disclosed".

Full methodology

Former or inactive filers (6)No filing in 18 months; last reported balances, not in any total