Ares Management (NYSE: ARES) awards 200,000 restricted units to co-president deVeer
Rhea-AI Filing Summary
Ares Management Co-President R. Kipp deVeer reported an equity award and related tax withholding. On January 31, 2026, he received a grant of 200,000 restricted units under an equity incentive plan, each representing the right to receive one share of Class A Common Stock upon vesting. Certain restricted unit awards are scheduled to vest in three equal installments on June 30, 2027, 2028 and 2029, with additional awards vesting in installments under their agreements. On the same date, 101,444 shares of Class A Common Stock were withheld by the issuer to satisfy minimum tax withholding obligations arising from vesting restricted units. After these transactions, deVeer directly holds 1,248,556 shares of Class A Common Stock, a position that includes 1,150,000 restricted units that vest over time.
Positive
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 200,000 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Class A Common Stock | 101,444 | $149.67 | $15.18M |
Footnotes (4)
- F1. 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 three equal installments on June 30, 2027, 2028 and 2029.
- F2. Represents 1,350,000 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.
- F3. 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.
- F4. Includes 1,150,000 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.
Key Figures
Key Terms
restricted units financial
equity incentive plan financial
tax withholding obligations financial
vesting financial
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