Leon D. Black - 07 Aug 2026 Form 4 Insider Report for Apollo Global Management, Inc. (APO)

Reporting relationship: Other*
Issuer ticker: APO
Reported as of: 07 Aug 2026
Net transaction value: $0
SEC form: 4
Accepted by SEC: 11 Aug 2026, 21:41:13 UTC
Prior SEC filing: 24 Oct 2025
Source filing: View source filing
Reporting owner signature: /s/ Leon D. Black

Key filing fact

Leon D. Black filed Form 4 for Apollo Global Management, Inc. (APO) on 11 Aug 2026.

Key facts

This page summarizes Leon D. Black's Form 4 filing for Apollo Global Management, Inc. (APO).
1 reported transaction and 1 derivative row are listed below.
Accepted by SEC: 11 Aug 2026, 21:41.

Change

Previous filing in this sequence was filed on 24 Oct 2025.
Current net transaction value: $0.

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

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reporting Owners (1)

CIK 0001032666 Primary reporting owner

BLACK LEON D

Relationship: Other*
Address: C/O ELYSIUM MANAGEMENT LLC, 445 PARK AVENUE, SUITE 1401, NEW YORK
Signature: /s/ Leon D. Black
Signature date: 11 Aug 2026

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

APO holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 26,466,101
Date: 07 Aug 2026
Ownership: Direct

APO holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 4,526,000
Date: 07 Aug 2026
Ownership: Shares held by spouse.

APO holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 6,969,127
Date: 07 Aug 2026
Ownership: By LLC.
Footnotes: F1

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

APO transaction Derivative

Forward Sale Contract (obligation to sell)

Other

Transaction value
Shares: +1
Change %
Price
Shares after: 1
Date: 07 Aug 2026
Ownership: Direct
Underlying class: Common Stock
Underlying amount
Exercise price
Footnotes: F2, F3, F4, F5

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 5 footnotes

Footnote F1

Reflects shares held indirectly by Mr. Black in a wholly-owned limited liability company of which he is the sole member and sole manager.

Footnote F2

On August 7, 2026, the Reporting Person entered into a variable share forward transaction (the "Transaction") in accordance with Rule 144 under the Securities Act of 1933 with an unaffiliated financial institution (the "Bank") pursuant to a Master Confirmation entered into between the Reporting Person and the Bank, dated July 18, 2025 (the "Agreement") relating to up to 2,000,000 shares of common stock of the Issuer, par value $0.00001 per share ("Common Stock") and obligating the Reporting Person to deliver to the Bank up to 2,000,000 shares of Common Stock (or, at the Reporting Person's election, subject to satisfaction of certain conditions under the terms of the Transaction, an equivalent amount of cash) to settle the Transaction.

Footnote F3

The Reporting Person pledged 2,000,000 shares of Common Stock (the "Pledged Shares") to secure its obligations under the Transaction, and retained voting and ordinary dividend rights in the Pledged Shares during the term of the pledge (and thereafter if the Reporting Person settles the Transaction in cash), subject to certain payments the Reporting Person may need to make to the Bank with respect to dividends under the terms of the Agreement. Under the terms of the Agreement, the Reporting Person will receive a prepayment from the Bank equal to the product of (i) the aggregate number of shares underlying the Transaction and (ii) a percentage of the initial share price, which will be determined following a hedging period.

Footnote F4

Under the Transaction, on the relevant settlement date for each of the up to 8 components, the number of shares of Common Stock to be delivered to the Bank (or on which to base the amount of cash to be delivered to the Bank ) is to be determined as follows: (a) if the per-share volume weighted average price of Common Stock on the related valuation date (the "Settlement Price") is less than or equal to a floor price that will be determined following a hedging period (the "Floor Price"), the Reporting Person will deliver to the Bank the ratable portion of the Pledged Shares to be delivered with respect to each settlement date (such number of shares, the "Number of Shares"); (b) if the Settlement Price is between the Floor Price and a cap price that will be determined... (Continued in Footnote 4)

Footnote F5

(Continued from Footnote 3) ... following a hedging period (the "Cap Price"), the Reporting Person will deliver to the Bank a number of shares of Common Stock equal to the Number of Shares multiplied by a fraction, the numerator of which is the Floor Price and the denominator of which is the Settlement Price; and (c) if the Settlement Price is greater than the Cap Price, the Reporting Person will deliver to the Bank the number of shares of Common Stock equal to the product of (i) the Number of Shares and (ii) a fraction (a) the numerator of which is the sum of (x) the Floor Price and (y) the Settlement Price minus the Cap Price, and (b) the denominator of which is the Settlement Price.

SEC remarks

The Reporting Person may be deemed to be a member of a "group" for the purposes of the Securities Exchange Act of 1934 by virtue of being a party to the Apollo Global Management, Inc. Stockholders Agreement. The Reporting Person disclaims beneficial ownership of any securities deemed to be owned by the group that are not reported herein as directly or indirectly owned by the Reporting Person. This report shall not be deemed an admission that the Reporting Person is a member of a group or the beneficial owner of any securities not directly owned by the Reporting Person. The Reporting Person disclaims beneficial ownership of the securities except to the extent of his pecuniary interest therein.