Key facts
- This page summarizes Stuart Rothstein's Form 4 filing for Apollo Commercial Real Estate Finance, Inc. (ARI).
- 2 reported transactions and 0 derivative rows are listed below.
- Accepted by SEC: 28 Dec 2023, 16:16.
Stuart Rothstein - 16 Oct 2023 Form 4 Insider Report for Apollo Commercial Real Estate Finance, Inc. (ARI)
- Reporting relationship
- President & CEO, Director
- Issuer ticker
- ARI
- Reported as of
- 16 Oct 2023
- Net transaction value
- -$403,564
- SEC form
- 4
- Accepted by SEC
- 28 Dec 2023, 16:16:24 UTC
- Prior SEC filing
- 19 Jul 2023
- Next SEC filing
- 18 Jan 2024
- Source filing
- View source filing
- Reporting owner signature
- /s/ Jessica L. Lomm, as attorney-in-fact
Source evidence
Original filing metadata and source links for verification.
5 source fields
Reporting owner
1 detail
Key filing fact
Stuart Rothstein filed Form 4 for Apollo Commercial Real Estate Finance, Inc. (ARI) on 28 Dec 2023.
Change
- Previous filing in this sequence was filed on 19 Jul 2023.
- Current net transaction value: -$403,564.
Research use
- This tells you what this filing adds before you inspect full transaction and derivative tables.
- You can trace every row back to the original SEC filing document.
Evidence
Filed on Form 4
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
ARI
transaction
Common Stock
Sale
- Transaction value
- $403,564
- Shares
- -40,000
- Change %
- -7.5%
- Price
- $10.09
- Shares after
- 490,766
- Date
- 16 Oct 2023
- Ownership
- Direct
- Footnotes
- F1, F2, F3
ARI
transaction
Common Stock
Award
- Transaction value
- $0
- Shares
- +90,909
- Change %
- +19%
- Price
- $0.000000
- Shares after
- 581,675
- Date
- 26 Dec 2023
- Ownership
- Direct
- Footnotes
- F4
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Rule 10b5-1 trading plan
These transactions were reported as open-market trades under a Rule 10b5-1 plan. The plan lets an insider set trading instructions in advance, which can reduce the risk of trading while in possession of material nonpublic information.
Original filing language: transaction made pursuant to a contract, instruction, or written plan intended to satisfy Rule 10b5-1(c).
Explanation of responses 4 footnotes
Footnote F1
The sales by the reporting person reported in this Form 4 were effected pursuant to a Rule 10b5-1 plan adopted by the reporting person on February 21, 2023.
Footnote F2
The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $10.02 to $10.22, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
Footnote F3
Reported amount includes 375,496 restricted stock units ("RSUs") granted under the Amended and Restated Apollo Commercial Real Estate Finance, Inc. 2019 Equity Incentive Plan (the "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.
Footnote F4
Reported amount includes 466,405 RSUs granted under the 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.