Insider filing report for Changes in Beneficial Ownership
- Schedule 13G & 13D forms are used to report a party's ownership of stock which exceeds 5% of a company's total stock issue.
- Schedule 13G is a shorter version of Schedule 13D with fewer reporting requirements.
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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549 |
SCHEDULE 13D
Under the Securities Exchange Act of 1934
(Amendment No. 7)*
|
Apollo Global Management, Inc. (Name of Issuer) |
Common stock, par value $0.00001 per share (Title of Class of Securities) |
03769M106 (CUSIP Number) |
Leon D. Black c/o Elysium Management LLC, 445 Park Avenue, Suite 1401 New York, NY, 10022 (646) 589-8607 (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) |
04/14/2025 (Date of Event Which Requires Filing of This Statement) |
If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§ 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box.
The information required on the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the
Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other
provisions of the Act (however, see the Notes).
SCHEDULE 13D
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| CUSIP No. | 03769M106 |
| 1 |
Name of reporting person
BLACK, LEON D | ||||||||
| 2 | Check the appropriate box if a member of a Group (See Instructions)
(a)
 (b)
| ||||||||
| 3 | SEC use only | ||||||||
| 4 |
Source of funds (See Instructions)
OO | ||||||||
| 5 |
Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)
| ||||||||
| 6 | Citizenship or place of organization
UNITED STATES
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| Number of Shares Beneficially Owned by Each Reporting Person With: |
| ||||||||
| 11 | Aggregate amount beneficially owned by each reporting person
39,497,048.00 | ||||||||
| 12 | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)
| ||||||||
| 13 | Percent of class represented by amount in Row (11)
6.9 % | ||||||||
| 14 | Type of Reporting Person (See Instructions)
IN |
Comment for Type of Reporting Person:
Based on 570,480,465 shares of common stock, par value $0.00001 per share, of Apollo Global Management, Inc. (the "Issuer") issued and outstanding as of February 19, 2025, as reported in the Issuer's Annual Report on Form 10-K filed on February 24, 2025.
SCHEDULE 13D
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| Item 1. | Security and Issuer | |
| (a) | Title of Class of Securities:
Common stock, par value $0.00001 per share | |
| (b) | Name of Issuer:
Apollo Global Management, Inc. | |
| (c) | Address of Issuer's Principal Executive Offices:
9 WEST 57TH STREET, 42ND FLOOR, NEW YORK,
NEW YORK
, 10019. | |
Item 1 Comment:
This A
mendment No. 7 amends and supplements the Schedule 13D filed with the Securities and Exchange Commission (the "Commission") by Mr. Leon D. Black (the "Reporting Person"), relating to the shares of the common stock, par value $0.00001 per share ("Common Stock"), of Apollo Global Management, Inc., a Delaware corporation (the "Issuer") on January 11, 2022, as amended by Amendment No. 1 thereto filed with the Commission on May 27, 2022, Amendment No. 2 thereto filed with the Commission on August 16, 2022, Amendment No. 3 thereto filed with the Commission on February 16, 2024, Amendment No. 4 thereto filed with the Commission on May 10, 2024, Amendment No. 5 thereto filed with the Commission on October 28, 2024 and Amendment No. 6 thereto filed with the Commission on January 22, 2025 (as so amended, the "Schedule 13D"). This Amendment No. 7 is being filed to update the disclosure in Items 4 and 6. The Schedule 13D is hereby amended as follows: | ||
| Item 4. | Purpose of Transaction | |
The Voting Agreement dated as of August 6, 2021 by and between Leon D. Black and BRH Holdings GP, Ltd., was terminated on April 14, 2025. | ||
| Item 5. | Interest in Securities of the Issuer | |
| (a) | Reference to percentage ownership of the Common Stock in this Schedule 13D are based on 570,480,465 shares of Common Stock, issued and outstanding as of February 19, 2025, as reported in the Issuer's Annual Report on Form 10-K filed on February 24, 2025.(a) and (b) As of the date of this Schedule 13D, Mr. Black is the beneficial owner of 39,497,048 shares of Common Stock (approximately 6.9% of the Common Stock), 33,997,048 of which he holds directly, and 5,500,000 of which are held by his spouse. Mr. Black has sole voting and sole dispositive power with respect to the shares he holds directly, and shares voting and dispositive power over the shares held by his spouse. By virtue of the agreements made pursuant to 6.9 of the Stockholders Agreement, the parties thereto, including the Reporting Person, may be deemed to be acting as a group for purposes of Rule 13d-3 under the Exchange Act. According to public filings, the parties to the Stockholders Agreement, as a group, beneficially own an aggregate of 148,041,679 shares of Common Stock (approximately 26.0% of the Common Stock). The Reporting Person disclaims beneficial ownership of any securities owned by such other parties. Only the shares of Common Stock beneficially owned by the Reporting Person are the subject of this Schedule 13D. For a description of the relationship between the Reporting Person and the other parties to the Stockholders Agreement, see Item 4. | |
| (b) | See Item 5(a). | |
| (c) | See Schedule 5(c). | |
| Item 6. | Contracts, Arrangements, Understandings or Relationships With Respect to Securities of the Issuer | |
As of the date of this Amendment No. 7, a total of 22,550,000 shares of Common Stock beneficially owned by the Reporting Person are held in one or more margin accounts subject to a standard margin loan arrangement. The Reporting Person does not have any current intention to sell any of such shares. | ||
| SIGNATURE | |
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
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Comments accompanying signature:
Schedule 5(c): As previously reported on Form 4, on April 4, 2025, the Reporting Person sold 607,725 shares to LB GST 2018 Trust at a price of $111.395 per share. |