Ares Management clarifies Jacobson's stock grants
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Form Type
4/A
Rhea-AI Filing Summary
Ares Management Corp. Co-President Blair Jacobson reported awards of 200,000 restricted units, with restrictions scheduled to lapse in four equal installments on January 31, 2028, 2029, 2030 and 2031, plus 100,000 performance-based restricted units subject to share-price conditions through January 31, 2034. The issuer withheld 47,000 shares at $149.67 per share to satisfy minimum tax withholding obligations arising from restricted-unit vesting.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Jacobson Blair
Role
Co-President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Units F1, F6, F7 | 100,000 | $0.00 | $0.00 |
| Grant/Award | Class A Common Stock F1, F2, F3 | 200,000 | $0.00 | $0.00 |
| Tax Withholding | Class A Common Stock F4, F1, F5 | 47,000 | $149.67 | $7.03M |
Holdings After Transaction:
Restricted Units — 100,000 units (Direct);
Class A Common Stock — 1,011,221 shares (Direct)
Holdings Before and After:
Restricted Units, 0 to 100,000 units (Direct);
Class A Common Stock, 858,221 to 1,011,221 shares (Direct)
Footnotes (7)
- F1. The 300,000 restricted units reported on the original Form 4 filed with the Securities and Exchange Commission on February 3, 2026 (the "Original Form 4") included 100,000 performance-based restricted units that the Issuer's reporting persons have historically reported in Table II. Accordingly, this Statement is being filed to amend the Original Form 4, not to correct any error, but to clarify the reporting person's beneficial ownership and reflect such performance-based restricted units in Table II, consistent with past practice for the Issuer's reporting persons.
- F2. Granted under an equity incentive plan of Ares Management Corporation. Each restricted unit represents the right to receive one share of Class A Common Stock upon vesting. The restrictions on such units are scheduled to lapse in four equal installments on January 31, 2028, 2029, 2030 and 2031.
- F3. Includes 621,860 restricted units granted under an equity incentive plan of Ares Management Corporation. Each restricted unit represents the right to receive one share of Class A Common Stock upon vesting. The restricted units vest in installments in accordance with the applicable restricted unit award agreement.
- F4. Consists of Class A Common Stock withheld by the Issuer in order to satisfy the minimum tax withholding obligations of the reporting person arising in connection with the vesting of restricted units representing the right to receive one share of Class A Common Stock under an equity incentive plan of Ares Management Corporation. Each restricted unit represents the right to receive one share of Class A Common Stock upon vesting.
- F5. Includes 521,860 restricted units granted under an equity incentive plan of Ares Management Corporation. Each restricted unit represents the right to receive one share of Class A Common Stock upon vesting. The restricted units vest in installments in accordance with the applicable restricted unit award agreement.
- F6. The restricted units were granted on January 31, 2026 pursuant to an equity incentive plan of Ares Management Corporation, each of which represents the right to receive one share of Class A Common Stock upon vesting. The restricted units are subject to market price-based vesting conditions as follows: (i) 33,334 units will vest if, over all trading days that occur during any 30 consecutive calendar day period on or prior to January 31, 2034, the volume-weighted average price per share of Class A Common Stock is at least $191.67; (Continued in footnote 7)
- F7. (ii) 33,333 units will vest if, over all trading days that occur during any 30 consecutive calendar day period on or prior to January 31, 2034, the volume-weighted average price per share of Class A Common Stock is at least $221.67; and (iii) 33,333 units will vest if, over all trading days that occur during any 30 consecutive calendar day period on or prior to January 31, 2034, the volume-weighted average price per share of Class A Common Stock is at least $251.67, in each case generally subject to the reporting person's continued service through the applicable vesting date.
Key Figures
Restricted units awarded: 200,000 units
Performance-based restricted units awarded: 100,000 units
Shares withheld for tax obligations: 47,000 shares
+4 more
7 metrics
Restricted units awarded
200,000 units
January 31, 2026; restrictions scheduled to lapse in four equal installments on January 31, 2028, 2029, 2030 and 2031.
Performance-based restricted units awarded
100,000 units
January 31, 2026; subject to market-price vesting conditions.
Shares withheld for tax obligations
47,000 shares
Withheld by the issuer in connection with restricted-unit vesting on January 31, 2026.
Withholding price
$149.67 per share
Price for the 47,000 shares withheld to satisfy minimum tax withholding obligations.
Performance-unit vesting threshold
$191.67 per share
Applies to 33,334 units under a volume-weighted average price condition.
Performance-unit vesting threshold
$221.67 per share
Applies to 33,333 units under a volume-weighted average price condition.
Performance-unit vesting threshold
$251.67 per share
Applies to 33,333 units under a volume-weighted average price condition.
Key Terms
restricted units, equity incentive plan, volume-weighted average price, minimum tax withholding obligations
4 terms
restricted units financial
"Each restricted unit represents the right to receive one share"
equity incentive plan financial
"under an equity incentive plan of Ares Management Corporation"
An equity incentive plan is a program that gives employees, executives or directors the right to receive company stock or options to buy stock as part of their pay. Think of it as offering slices of future company profit to motivate people to boost long‑term performance; for investors it matters because it can align employee goals with shareholder value but also increases the number of shares outstanding, which can dilute existing ownership.
volume-weighted average price financial
"volume-weighted average price per share of Class A Common Stock"
Volume-weighted average price (VWAP) is the average price of a stock over a specific time period where each trade is weighted by the number of shares traded, so larger trades influence the average more than small ones. Investors and traders use VWAP as a reference point to judge whether trades are happening at relatively good or poor prices—like checking the average price paid for an item at a market where bulk purchases count more than single-item buys.
minimum tax withholding obligations financial
"satisfy the minimum tax withholding obligations"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
How many units did ARES Co-President Blair Jacobson receive?
Blair Jacobson reported grants of 200,000 restricted units and 100,000 performance-based restricted units on January 31, 2026. Each unit represents the right to receive one share of Class A Common Stock upon vesting.
What are the vesting conditions for Jacobson's 100,000 performance-based units?
33,334 units are conditioned on a volume-weighted average price of at least $191.67; 33,333 units each are conditioned on at least $221.67 and $251.67, respectively. Each threshold is measured over all trading days in any 30 consecutive calendar day period on or before January 31, 2034, generally subject to continued service through the applicable vesting date.
Why was the ARES Form 4/A amended?
The amendment clarifies the reporting person's beneficial ownership and reflects 100,000 performance-based restricted units in Table II, consistent with the issuer's historical reporting practice. The units had been included in the original Form 4's 300,000 restricted units, and the amendment was not filed to correct an error.
AI-generated analysis. How Rhea-AI works. Not financial advice.
