Company: APO
Filing Date: 2025-12-12
Form Type: 8-K
Source: 0000950142-25-003177
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Company: Apollo Global Management, Inc.
Filing Date: 2025-12-12
Form: 8-K
Item: Item 5.02
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Item 5.02(e). Departure of Directors or Certain Officers; Election of
Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On December 9, 2025, the Compensation
Committee (“ Compensation Committee”) of the Board of Directors of Apollo Global Management, Inc. (the “ Company”)
approved a grant of restricted share units (“ RSUs”) providing for the right to receive shares of the Company’s
common stock (“ shares”), with a value of $10 million and $13.5 million to Martin Kelly, the Company’s Chief Financial
Officer and Whitney Chatterjee, the Company’s Chief Legal Officer, respectively. The RSUs, which will be granted on December 18,
2025, are in recognition of their performance, and are intended to retain each of them and more closely align their compensation levels
with individuals with similar roles in our peer group. In evaluating peer practices and competitive talent dynamics, the Compensation
Committee determined that the RSU grants for Mr. Kelly and Ms. Chatterjee were necessary to maintain market competitive compensation and
ensure retention during a critical phase of the Company’s growth and transformation.

The RSUs will be considered when
making annual compensation determinations for Mr. Kelly and Ms. Chatterjee for the next three years, and are intended to provide $3.3
million and $4.5 million, respectively, per year over such period. The RSUs will vest upon the satisfaction by the Company of a performance
fee income requirement, and the underlying shares will not be delivered until 2029. If Mr. Kelly or Ms. Chatterjee voluntarily resign
before December 31, 2028, delivery of the shares underlying the vested RSUs will be delayed for two years until 2031. No shares underlying
the RSUs will be delivered if Mr. Kelly or Ms. Chatterjee breaches certain applicable restrictive covenants (including non-competition
and non-solicitation provisions) or if Mr. Kelly or Ms. Chatterjee is terminated for cause. Dividend equivalents will be paid with respect
to the RSUs. These awards are intended to emphasize long-term value creation and alignment with shareholders through the use of the Company’s
performance fee income and three-year holding requirements.

Also on December 9, 2025, the
Compensation Committee approved the opportunity for the Company’s executive officers to elect to defer (each, a “ Deferral
Election”) the