[144] Ares Management Corporation SEC Filing

Rhea-AI Filing Summary

Ares Management Corporation (ARES) Form 144 notice shows a proposed sale of 300,000 common shares through Morgan Stanley Smith Barney with an approximate aggregate market value of $53,679,000. The filing lists total outstanding shares of 215,934,693 and an approximate sale date of 08/27/2025. The shares to be sold were acquired on 05/01/2014 as founder shares from the issuer.

The filing also discloses multiple Rule 10b5-1 sales by TJ CAPITAL INVESTORS LLC during August 2025, totaling 573,462 shares across five trades on 08/20–08/26/2025 with reported gross proceeds on each trade ranging from $11,293,281.46 to $35,078,081.25.

Positive

• Required disclosure provided: The Form 144 lists broker, number of shares, aggregate market value, and proposed sale date.
• Historical acquisition detail included: Specifies shares were acquired as founder shares on 05/01/2014 from the issuer.
• Recent 10b5-1 trades disclosed: Five trades in August 2025 by TJ CAPITAL INVESTORS LLC are reported with dates and gross proceeds.

Negative

• Insider/affiliate selling: Proposed sale of 300,000 shares and recent sales totaling 573,462 shares may be viewed negatively by some investors.
• Large aggregate proceeds reported: Individual recent trades show substantial gross proceeds (up to $35,078,081.25), indicating significant disposition of shares.

Insights

Securities Analyst

TL;DR: Insider/affiliate intends to sell 300,000 ARES shares valued at ~$53.7M; recent 10b5-1 sales totaled 573,462 shares.

The filing documents a planned sale of 300,000 common shares via Morgan Stanley Smith Barney on 08/27/2025 with an aggregate market value reported at $53,679,000. The shares were acquired as founder shares on 05/01/2014. Separately, the filer discloses five 10b5-1 sales by TJ CAPITAL INVESTORS LLC during 08/20–08/26/2025 totaling 573,462 shares with reported gross proceeds per trade shown in the filing. From a market-impact perspective, the document is a standard insider sale notice that provides required transparency on timing, broker, and consideration.

Corporate Governance Expert

TL;DR: Filing fulfills Rule 144 disclosure for proposed insider sale and confirms representation regarding material nonpublic information.

The filer indicates the securities were founder shares acquired from the issuer in 2014 and includes the mandatory representation that the seller does not possess undisclosed material adverse information. The notice names the executing broker and lists the specific dates and proceeds of recent 10b5-1 sales by an affiliated account. This is a routine governance disclosure ensuring compliance with resale rules and market transparency.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

Relationship to Issuer

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common	Morgan Stanley Smith Barney LLC Executive Financial Services 1 New York Plaza 8th Floor New York NY 10004	300000	53679000.00	215934693	08/27/2025	NYSE

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	05/01/2014	Founders Shares	ISSUER			300000	05/01/2014	N/A

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
10b5-1 Sales for TJ CAPITAL INVESTORS LLC 1800 Avenue of the Stars, Suite 1400 Los Angeles CA 90067	Common	08/26/2025	196197	35078081.25
10b5-1 Sales for TJ CAPITAL INVESTORS LLC 1800 Avenue of the Stars, Suite 1400 Los Angeles CA 90067	Common	08/25/2025	112522	20037388.91
10b5-1 Sales for TJ CAPITAL INVESTORS LLC 1800 Avenue of the Stars, Suite 1400 Los Angeles CA 90067	Common	08/22/2025	105394	19144535.54
10b5-1 Sales for TJ CAPITAL INVESTORS LLC 1800 Avenue of the Stars, Suite 1400 Los Angeles CA 90067	Common	08/21/2025	63378	11293281.46
10b5-1 Sales for TJ CAPITAL INVESTORS LLC 1800 Avenue of the Stars, Suite 1400 Los Angeles CA 90067	Common	08/20/2025	97971	17477801.07

144: Remarks and Signature

Remarks

Date of Notice

Date of Plan Adoption or Giving of Instruction, If Relying on Rule 10b5-1

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What shares is the Form 144 for ARES reporting?

The notice reports a proposed sale of 300,000 common shares of Ares Management Corporation.

When is the proposed sale scheduled for ARES shares?

The filing lists an approximate sale date of 08/27/2025.

What is the aggregate market value of the shares to be sold in this Form 144?

The aggregate market value reported is $53,679,000.00.

How were the shares being sold originally acquired?

The shares were acquired on 05/01/2014 as founder shares from the issuer.

Did the filing disclose other recent sales by related parties?

Yes. The filing shows five Rule 10b5-1 sales by TJ CAPITAL INVESTORS LLC between 08/20/2025 and 08/26/2025, totaling 573,462 shares with listed gross proceeds per trade.