STUART ROTHSTEIN - 30 Jan 2026 Form 4 Insider Report for Apollo Commercial Real Estate Finance, Inc. (ARI)

Role: President & CEO, Director
Signature: /s/ Jessica L. Lomm, as attorney-in-fact
Issuer symbol: ARI
Transactions as of: 30 Jan 2026
Net transactions value: -$656,660
Form type: 4
Filing time: 03 Feb 2026, 17:14:56 UTC
Previous filing: 02 Jan 2026
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
ROTHSTEIN STUART	President & CEO, Director	C/O APOLLO GLOBAL MANAGEMENT, INC., 9 WEST 57TH STREET, 42ND FLOOR, NEW YORK	/s/ Jessica L. Lomm, as attorney-in-fact	03 Feb 2026	0001128865

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	ARI	Common Stock	Tax liability	$656,660	-61,485	-18%	$10.68	277,676	30 Jan 2026	Direct	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Consists of shares of common stock withheld by the Issuer in order to satisfy the minimum tax withholding obligations of the reporting person arising in connection with the delivery of shares of common stock underlying vested restricted stock units ("RSUs") granted under the Amended and Restated Apollo Commercial Real Estate Finance, Inc. 2019 Equity Incentive Plan and the Apollo Commercial Real Estate Finance, Inc. 2024 Equity Incentive Plan. Each RSU represents the contingent right to receive one share of the Issuer's common stock for each vested RSU. The RSUs vest in installments in accordance with the terms of the applicable RSU award agreement by and between the reporting person and the Issuer, provided the reporting person remains in service through the applicable vesting dates.
F2	Reported amount includes 196,355 RSUs.

Content

Consists of shares of common stock withheld by the Issuer in order to satisfy the minimum tax withholding obligations of the reporting person arising in connection with the delivery of shares of common stock underlying vested restricted stock units ("RSUs") granted under the Amended and Restated Apollo Commercial Real Estate Finance, Inc. 2019 Equity Incentive Plan and the Apollo Commercial Real Estate Finance, Inc. 2024 Equity Incentive Plan. Each RSU represents the contingent right to receive one share of the Issuer's common stock for each vested RSU. The RSUs vest in installments in accordance with the terms of the applicable RSU award agreement by and between the reporting person and the Issuer, provided the reporting person remains in service through the applicable vesting dates.

Reported amount includes 196,355 RSUs.