What the executives and directors of Apollo Global Management actually did with their own shares, decoded from three years of SEC Form 4 filings.
The tape: three years of insider trades
Every marker sits at the exact price reported on the Form 4. The line is the monthly median of all prices insiders reported, so the chart needs no market feed; the gray strip is routine flow (vestings, tax withholding, gifts) that headlines love to miscount as selling.
Where the shares went, last 12 months
Every Form 4 movement decomposed: what flowed in (grants, vested equity, purchases) and what flowed out (tax withholding, plan sales, discretionary sales, gifts). Counted in shares, because grants carry no price.
Skin in the game
Directly held shares as reported after each trade, indexed to 100 five years back. Direct holdings only: trust and family-entity positions are per-entity in the filings and do not sum honestly, so this chart refuses to guess. The steps are the trades.
Who holds what
| Insider | Role | Shares held | Buys 12 m | Sales 12 m |
|---|---|---|---|---|
| HARRIS JOSHUA | Other | 34.5M | — | — |
| MJH Partners II LLC | Other | 34.5M | — | — |
| BLACK LEON D | Other | 31M | — | $122.6M |
| Socrates Trust | Other | 29.6M | — | — |
| Zelter James C President | Officer | 6M | — | — |
| KLEINMAN SCOTT Co-President (See Remarks) | Officer | 4.9M | — | — |
| ROWAN MARC J See Remarks | Officer | 3.8M | — | — |
| Zito John P. Co-President (see Remarks) | Officer | 3.1M | — | $6.4M |
| Kvalheim Grant CEO of Athene Holding Ltd. | CEO | 2.2M | — | — |
| LB 2018 GST Trust | Other | 621.8K | — | — |
| Kelly Martin Chief Financial Officer | CFO | 424.8K | — | $4M |
| Krongard A B | Director | 330.7K | — | — |
| Belardi James Richard See Remarks | Officer | 323.5K | — | — |
| Suydam John J Chief Legal Officer | Officer | 321.9K | — | — |
Open-market trade log
| Date | Insider | Type | Shares | Price | Value |
|---|---|---|---|---|---|
| 2026-05-27 | Zito John P. (Officer) | Discretionary sale | 11.1K | $131.68 | $1.5M |
| 2026-05-27 | Zito John P. (Officer) | Discretionary sale | 17.5K | $129.95 | $2.3M |
| 2026-05-27 | Zito John P. (Officer) | Discretionary sale | 20K | $130.71 | $2.6M |
| 2026-05-14 | Kelly Martin (CFO) | Discretionary sale | 7,000 | $134.64 | $943K |
| 2025-12-10 | Chatterjee Whitney (Officer) | Discretionary sale | 8,500 | $146.03 | $1.2M |
| 2025-12-01 | Kelly Martin (CFO) | Discretionary sale | 6,000 | $131.41 | $788K |
| 2025-09-04 | BLACK LEON D (Other) | Discretionary sale | 915K | $134.03 | $122.6M |
| 2025-08-12 | Kelly Martin (CFO) | Discretionary sale | 4,565 | $145.50 | $664K |
| 2025-08-12 | Kelly Martin (CFO) | Discretionary sale | 10.9K | $144.95 | $1.6M |
| 2025-08-06 | Chatterjee Whitney (Officer) | Discretionary sale | 4,500 | $146.03 | $657K |
| 2025-05-12 | RICHARDS PAULINE (Director) | Open-market buy | 550 | $141.95 | $78K |
| 2025-05-06 | Kelly Martin (CFO) | Discretionary sale | 4,000 | $132.57 | $530K |
| 2025-04-04 | BLACK LEON D (Other) | Discretionary sale | 607.7K | $111.40 | $67.7M |
| 2025-04-04 | LB 2018 GST Trust (Other) | Open-market buy | 607.7K | $111.40 | $67.7M |
| 2025-03-19 | BLACK LEON D (Other) | Discretionary sale | 1,929 | $142.52 | $275K |
| 2025-03-19 | BLACK LEON D (Other) | Discretionary sale | 498.1K | $142.00 | $70.7M |
| 2025-02-13 | Kelly Martin (CFO) | Discretionary sale | 5,000 | $158.28 | $791K |
| 2024-12-10 | Kelly Martin (CFO) | Discretionary sale | 10K | $173.66 | $1.7M |
| 2024-12-10 | Tanguy Louis-Jacques (Officer) | Discretionary sale | 2,500 | $176.50 | $441K |
| 2024-12-09 | Zelter James C (Officer) | Discretionary sale | 300 | $178.48 | $54K |
| 2024-12-09 | Zelter James C (Officer) | Discretionary sale | 700 | $175.75 | $123K |
| 2024-12-09 | Zelter James C (Officer) | Discretionary sale | 800 | $177.66 | $142K |
| 2024-12-09 | Zelter James C (Officer) | Discretionary sale | 1,100 | $176.88 | $195K |
| 2024-12-09 | Zelter James C (Officer) | Discretionary sale | 2,363 | $173.10 | $409K |
| 2024-12-09 | Zelter James C (Officer) | Discretionary sale | 3,600 | $174.28 | $627K |
| 2024-12-09 | Zelter James C (Officer) | Discretionary sale | 3,900 | $178.87 | $698K |
| 2024-12-09 | Zelter James C (Officer) | Discretionary sale | 5,147 | $172.35 | $887K |
| 2024-12-09 | Zelter James C (Officer) | Discretionary sale | 8,618 | $175.24 | $1.5M |
| 2024-12-09 | Zelter James C (Officer) | Discretionary sale | 16.7K | $177.98 | $3M |
| 2024-12-09 | Zelter James C (Officer) | Discretionary sale | 33.3K | $176.15 | $5.9M |
| 2024-12-09 | Zelter James C (Officer) | Discretionary sale | 40K | $177.23 | $7.1M |
| 2024-12-09 | Zelter James C (Officer) | Discretionary sale | 98.1K | $172.99 | $17M |
| 2024-12-09 | Zelter James C (Officer) | Discretionary sale | 124.6K | $174.24 | $21.7M |
| 2024-12-09 | Zelter James C (Officer) | Discretionary sale | 160.8K | $172.29 | $27.7M |
| 2024-12-04 | BLACK LEON D (Other) | Discretionary sale | 7,819 | $174.06 | $1.4M |
| 2024-12-04 | BLACK LEON D (Other) | Discretionary sale | 50.4K | $173.26 | $8.7M |
| 2024-12-04 | KLEINMAN SCOTT (Officer) | Discretionary sale | 62 | $174.39 | $11K |
| 2024-12-04 | KLEINMAN SCOTT (Officer) | Discretionary sale | 466 | $173.58 | $81K |
| 2024-12-04 | KLEINMAN SCOTT (Officer) | Discretionary sale | 1,895 | $174.39 | $330K |
| 2024-12-04 | KLEINMAN SCOTT (Officer) | Discretionary sale | 2,212 | $174.39 | $386K |
| 2024-12-04 | KLEINMAN SCOTT (Officer) | Discretionary sale | 9,581 | $174.39 | $1.7M |
| 2024-12-04 | KLEINMAN SCOTT (Officer) | Discretionary sale | 14.2K | $173.58 | $2.5M |
| 2024-12-04 | KLEINMAN SCOTT (Officer) | Discretionary sale | 16.6K | $173.58 | $2.9M |
| 2024-12-04 | KLEINMAN SCOTT (Officer) | Discretionary sale | 37.9K | $174.39 | $6.6M |
| 2024-12-04 | KLEINMAN SCOTT (Officer) | Discretionary sale | 71.8K | $173.58 | $12.5M |
| 2024-12-04 | KLEINMAN SCOTT (Officer) | Discretionary sale | 284.2K | $173.58 | $49.3M |
| 2024-12-03 | BLACK LEON D (Other) | Discretionary sale | 150 | $174.23 | $26K |
| 2024-12-03 | BLACK LEON D (Other) | Discretionary sale | 90K | $173.66 | $15.6M |
| 2024-12-03 | BLACK LEON D (Other) | Discretionary sale | 90K | $173.66 | $15.6M |
| 2024-12-03 | BLACK LEON D (Other) | Discretionary sale | 218.3K | $173.01 | $37.8M |
| 2024-12-03 | BLACK LEON D (Other) | Discretionary sale | 218.3K | $173.01 | $37.8M |
| 2024-12-03 | KLEINMAN SCOTT (Officer) | Discretionary sale | 13 | $173.66 | $2K |
| 2024-12-03 | KLEINMAN SCOTT (Officer) | Discretionary sale | 3,945 | $173.66 | $685K |
| 2024-12-03 | KLEINMAN SCOTT (Officer) | Discretionary sale | 19.6K | $173.66 | $3.4M |
| 2024-12-03 | KLEINMAN SCOTT (Officer) | Discretionary sale | 37.6K | $173.66 | $6.5M |
| 2024-12-03 | Kelly Martin (CFO) | Discretionary sale | 5,000 | $172.61 | $863K |
| 2024-12-03 | Chatterjee Whitney (Officer) | Discretionary sale | 1,587 | $173.75 | $276K |
| 2024-12-03 | Chatterjee Whitney (Officer) | Discretionary sale | 4,613 | $173.23 | $799K |
| 2024-12-02 | BLACK LEON D (Other) | Discretionary sale | 21.2K | $173.58 | $3.7M |
| 2024-12-02 | BLACK LEON D (Other) | Discretionary sale | 23.2K | $175.41 | $4.1M |
“Since trade” compares with the latest insider-implied price, not a market quote; this site carries no market data by design.
Filing hygiene
How to read this
A Form 4 transaction code decides everything. P is an open-market purchase and S an open-market sale; those two are the only codes where an insider chose to trade. A is a grant, M an option exercise or vesting, F shares withheld to cover tax, G a gift. Most “insiders dumped billions” headlines are code F and M mechanics.
Sales flagged 10b5-1 run on a plan the insider adopted in advance; since 2023 every Form 4 carries that flag. Buys have historically predicted returns, sales mostly have not, and this page states filings, not advice.