Form 3: AAC II Holdings II LP Discloses 3.59M Kodiak AI Shares
Rhea-AI Filing Summary
AAC II Holdings II LP filed an initial Form 3 reporting beneficial ownership of 3,591,627 shares of Kodiak AI, Inc. (KDK) common stock. The filing, dated an event on 09/24/2025 and signed 10/03/2025, lists the reporting person as a Director and a 10% owner of the issuer. The form states that AAC II Holdings II LP is managed by affiliates of Ares Management Corporation, names the related Ares entities and their governing relationships, and includes a customary disclaimer that certain Ares entities and individuals disclaim beneficial ownership except for any pecuniary interest. The filing contains no derivative securities and reports only the stated direct holding.
Positive
- 3,591,627 shares directly reported in Kodiak AI (KDK)
- Reporting person identified as both a Director and a 10% owner
- Filing discloses Ares-related management structure and addresses potential control relationships
Negative
- None.
Insights
Initial Section 16 filing shows a significant direct stake and director role.
The Form 3 reports a direct beneficial ownership of 3,591,627 common shares in Kodiak AI (KDK) and identifies the reporting entity as a Director and 10% owner, which establishes reportable insider status under Section 16.
The filing also discloses the ownership and management chain linking AAC II Holdings II LP to affiliates of Ares Management Corporation, and includes the standard disclaimer that related Ares entities and individuals do not claim beneficial ownership beyond any pecuniary interest. This clarifies control relationships without asserting additional ownership claims.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- AAC II Holdings II LP is a Delaware limited partnership managed by affiliates of Ares Management Corporation ("Ares"). Ares Holdings L.P. is the general partner of AAC II Holdings II LP. Ares Holdings L.P. is an indirect subsidiary of Ares. Ares Management GP LLC ("Ares Management GP") is the sole holder of the Class B common stock, $0.01 par value per share, of Ares (the "Ares Class B Common Stock") and Ares Voting LLC ("Ares Voting") is the sole holder of the Class C common stock, $0.01 par value per share, of Ares (the "Ares Class C Common Stock"). (Continued from Footnote 1) Pursuant to Ares's Certificate of Incorporation, the holders of the Ares Class B Common Stock and the Ares Class C Common Stock, collectively, will generally have the majority of the votes on any matter submitted to the stockholders of Ares if certain conditions are met. The sole member of both Ares Management GP and Ares Voting is Ares Partners Holdco LLC ("Ares Partners"). Ares Partners is managed by a board of managers, which is composed of Michael J Arougheti, R. Kipp deVeer, David B. Kaplan, Antony P. Ressler and Bennett Rosenthal (collectively, the "Board Members"). Mr. Ressler generally has veto authority over decisions of the Board Members. (Continued from Footnote 2) Each of Ares Partners, Ares Management GP and Ares Voting (collectively, the "Ares Entities"), and the members of Ares Partners' board of managers and the other directors, officers, partners, stockholders, members and managers of the Ares Entities expressly disclaims beneficial ownership of these securities, except to the extent of any pecuniary interest therein, and this Form 3 shall not be deemed an admission that any such person or entity is the beneficial owner of, or has any pecuniary interest in, such securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purposes. (Continued from Footnote 3) The address of each Ares Entity is 1800 Avenue of the Stars, Suite 1400, Los Angeles, CA 90067.
