Sec Form 4 Filing - Belardi James Richard @ Apollo Global Management, Inc. - 2025-12-11

FORM 4 Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL OMB Number: 3235-0287 Expires: November 30, 2011 Estimated average burden hours per response... 0.5

1. Name and Address of Reporting Person Belardi James Richard 2. Issuer Name and Ticker or Trading Symbol Apollo Global Management, Inc. [ APO] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable) X __ Director _____ 10% Owner X __ Officer (give title below) _____ Other (specify below) See Remarks (Last) (First) (Middle) C/O APOLLO GLOBAL MANAGEMENT, INC., 9 WEST 57TH STREET, 42ND FLOOR 3. Date of Earliest Transaction (MM/DD/YY) 12/11/2025 (Street) NEW YORK, NY10019 4. If Amendment, Date Original Filed (MM/DD/YY) 6. Individual or Joint/Group Filing (Check Applicable Line) __ X __ Form filed by One Reporting Person _____ Form filed by More than One Reporting Person (City) (State) (Zip)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned 1.Title of Security (Instr. 3) 2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4) Code V Amount (A) or (D) Price Common Stock 12/11/2025 G 33,263 D $ 0 76,313 ( 1 ) ( 2 ) D Common Stock 236,052 ( 1 ) I By Belardi 2019 GST Non-Exempt Descendants Trust Common Stock 1,000 I By son Common Stock 1,000 I By daughter Common Stock 86,755 ( 3 ) I By James and Leslie Belardi Family Trust Common Stock 1,870,597 I JB Athene Investments, LLC Common Stock 1,167,261 ( 1 ) ( 2 ) I JB Athene Investments II, LLC Common Stock 637,500 I JB Athene Investments III, LLC Common Stock 1,478,185 I JB Athene Investments IV, LLC Common Stock 304.8255 I By mother Common Stock 138,617 ( 1 ) I By Belardi 2024 GRAT Common Stock 76,385 ( 1 ) I By Belardi 2025 GRAT

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities) 1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) 6. Date Exercisable and Expiration Date (MM/DD/YY) 7. Title and Amount of Underlying Securities (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4) Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares

Reporting Owners Reporting Owner Name / Address Relationships Director 10% Owner Officer Other Belardi James Richard C/O APOLLO GLOBAL MANAGEMENT, INC. 9 WEST 57TH STREET, 42ND FLOOR NEW YORK, NY10019 X See Remarks Signatures /s/ Jessica L. Lomm, as Attorney-in-Fact 12/15/2025 Signature of Reporting Person Date

Explanation of Responses:

( 1 )Reported amounts have been adjusted to reflect the transfer of 356,149 shares of Apollo Global Management, Inc., previously reported as owned by JB Athene Investments II, LLC, pro-rata, in-kind, for no consideration, to its members, including 12,175 shares to the Reporting Person, 81,571 shares to Belardi 2019 GST Non-Exempt Descendants Trust, 47,401 shares to the Belardi 2022 GRAT II, 138,617 shares to the Belardi 2024 GRAT, and 76,385 shares to the Belardi 2025 GRAT, each of which transfer was exempt from Section 16 pursuant to Rule 16a-13 under the Exchange Act. ( 2 )Reported amounts have been adjusted to reflect the transfer of 47,401 shares of Apollo Global Management, Inc., from the Belardi 2022 GRAT II to the Reporting Person, which transfer was exempt from Section 16 pursuant to Rule 16a-13 under the Exchange Act. ( 3 )Reported amount includes 86,755 restricted stock units ("RSUs"). RSUs represent the contingent right to receive shares of Apollo Global Management, Inc. pursuant to an equity plan administered by Apollo Global Management, Inc.

Remarks: Executive Chairman of Athene Holding Ltd.

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.

* If the form is filed by more than one reporting person, see Instruction 4(b)(v).

** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.