Scott Kleinman of Apollo Global Management (APO) gifts 13,424 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Apollo Global Management Co-President Scott Kleinman reported an indirect bona fide gift of 13,424 shares of common stock of Apollo Global Management, Inc. The gifted shares were held through HCM APO Series LLC, Series A, a vehicle wholly owned and controlled by him.
After this gift, HCM APO Series LLC, Series A held 226,873 Apollo shares, while Kleinman also reported 4,676,291 shares held directly and additional indirect holdings through various family investment vehicles and trusts, plus 4,651,303 vested and unvested restricted stock units granted under the company’s 2019 equity incentive plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
13,424 shares gifted
Mixed
11 txns
Insider
KLEINMAN SCOTT
Role
Co-President (See Remarks)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Common Stock | 13,424 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 226,873 shares (Indirect, HCM APO Series LLC, Series A);
Common Stock — 4,676,291 shares (Direct, null)
Footnotes (1)
- Held by HCM APO Series LLC, Series A, a vehicle directly and indirectly wholly owned by the reporting person over which the reporting person exercises voting and investment control. Reported amount includes 4,651,303 vested and unvested restricted stock units ("RSUs") granted under the Apollo Global Management, Inc. 2019 Omnibus Equity Incentive Plan. Each RSU represents the contingent right to receive, in accordance with the issuance schedule set forth in the applicable RSU award agreement, one share of common stock of the Issuer for each vested RSU. The RSUs vest in installments in accordance with the terms of the applicable RSU award agreement, provided the reporting person remains in service through the applicable vesting date. Held by Heathcote Capital Partners LP, a vehicle directly and indirectly owned by the reporting person, his spouse and certain family trusts and over which the reporting person exercises voting and investment control. Held by KRT Investments LLC, a vehicle that is owned by a family trust and over which the reporting person exercises voting and investment control. Held by KRT Investments VII LLC, a vehicle that is owned by the reporting person and indirectly by a family trust and over which the reporting person exercises voting and investment control. Held by KRT Investments IX LLC, a vehicle that is owned by the reporting person and indirectly by a family trust and over which the reporting person exercises voting and investment control. Held by KRT Delaware LLC. The reporting person disclaims beneficial ownership of the securities indirectly or directly held by KRT Delaware LLC reported herein and this report shall not be deemed to be an admission that the reporting person is the beneficial owner of such securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose. Held by HCM APO Series LLC, Series B, a vehicle directly and indirectly wholly owned by the reporting person over which the reporting person exercises voting and investment control. Held by HCM APO Series LLC, Series C, a vehicle directly and indirectly wholly owned by the reporting person over which the reporting person exercises voting and investment control. Held by KFGT LLC, a vehicle that is owned by a family trust and over which the reporting person exercises voting and investment control. Held by KDGT LLC, a vehicle that is owned by a family trust and over which the reporting person exercises voting and investment control.
Key Figures
Gifted shares: 13,424 shares
HCM APO Series LLC, Series A holding: 226,873 shares
Directly held shares: 4,676,291 shares
+3 more
6 metrics
Gifted shares
13,424 shares
Bona fide gift of common stock on May 27, 2026
HCM APO Series LLC, Series A holding
226,873 shares
Indirect holding after gift transaction
Directly held shares
4,676,291 shares
Common stock held directly by Scott Kleinman after transactions
KRT Delaware LLC holding
1,806,086 shares
Indirect holding through KRT Delaware LLC after transactions
Heathcote Capital Partners LP holding
81,049 shares
Indirect holding through Heathcote Capital Partners LP
Reported RSUs
4,651,303 RSUs
Vested and unvested RSUs under 2019 Omnibus Equity Incentive Plan
Key Terms
bona fide gift, restricted stock units ("RSUs"), voting and investment control, beneficial ownership, +1 more
5 terms
bona fide gift financial
"transaction_code_description": "Bona fide gift""
A bona fide gift is a genuine, voluntary transfer of money, property, or benefits from one party to another made without expectation of repayment, services, or hidden conditions. Investors care because such gifts can affect company disclosures, related‑party transaction rules, tax treatment, and perceived conflicts of interest; think of it like someone giving you a present with no strings attached — but on a corporate scale, auditors and regulators need to verify it really is unconditional.
restricted stock units ("RSUs") financial
"Reported amount includes 4,651,303 vested and unvested restricted stock units ("RSUs") granted"
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
voting and investment control financial
"over which the reporting person exercises voting and investment control"
beneficial ownership financial
"The reporting person disclaims beneficial ownership of the securities indirectly or directly held"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
Section 16 of the Securities Exchange Act of 1934 regulatory
"for purposes of Section 16 of the Securities Exchange Act of 1934, as amended"
A provision of federal securities law that requires company insiders—directors, officers and large shareholders—to publicly report their stock holdings and trades and to surrender any “short-swing” profits from purchases and sales within a six-month window. It acts like a rule that forces leaders to announce their trades and prevents quick buy-sell windfalls, giving investors transparency into insider activity and reducing opportunities for unfair gain.
FAQ
What insider transaction did APO Co-President Scott Kleinman report on this Form 4?
Scott Kleinman reported a bona fide gift of 13,424 Apollo Global Management common shares. The shares were held indirectly through HCM APO Series LLC, Series A, an entity wholly owned and controlled by him, and the transaction carried no stated price per share.
What are Scott Kleinman’s reported direct holdings of Apollo (APO) common stock?
Scott Kleinman reported 4,676,291 Apollo common shares held directly. This direct position is separate from his various indirect holdings through family investment vehicles and trusts, which are listed individually with their respective post-transaction share counts in the Form 4.
What indirect Apollo (APO) holdings are reported for Scott Kleinman besides HCM APO Series LLC, Series A?
Kleinman reported several indirect holdings through entities like KRT Delaware LLC and Heathcote Capital Partners LP. Each entity is described in the footnotes, which explain his ownership or control and provide post-transaction share counts for those vehicles.