ARES holder plans 590,000-share Rule 144 sale, $86.98M value
ARES Management has a holder filing a notice to sell common stock under Rule 144.
Rhea-AI Filing Summary
ARES Management has a holder filing a notice to sell common stock under Rule 144. The filing covers a proposed sale of 590,000 common shares through Morgan Stanley Smith Barney LLC, with an indicated aggregate market value of $86,983,700. The issuer reports 216,852,343 common shares outstanding and the approximate sale date listed is 11/24/2025 on the NYSE.
The seller acquired these shares as founders shares from the issuer on 05/02/2014. The notice also discloses prior Rule 10b5-1 plan sales by Atticus Enterprises LLC, including a sale of 44,760 common shares on 08/25/2025 for gross proceeds of $7,975,820.21. By signing, the seller represents they are not aware of undisclosed material adverse information about ARES.
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FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What representation does the seller make in the ARES Form 144 filing?
The seller represents that they do not know any material adverse information about the current or prospective operations of ARES that has not been publicly disclosed, and this representation also applies as of the Rule 10b5-1 plan adoption date if such a plan is used.
AI-generated analysis. How Rhea-AI works. Not financial advice.