STOCK TITAN

Ares Management (NYSE: ARES) awards 200,000 restricted units to co-president deVeer

(Very High)
(Very Negative)
Form Type
4

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

  • None.

Negative

  • None.
Insider deVeer R. Kipp
Role Co-President
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
Holdings After Transaction: Class A Common Stock — 1,248,556 shares (Direct)
Footnotes (4)
  1. 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.
  2. 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.
  3. 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.
  4. 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.
Restricted units granted 200,000 restricted units Grant of restricted units under an equity incentive plan on January 31, 2026
Shares withheld for tax 101,444 shares Class A Common Stock withheld to satisfy minimum tax withholding obligations
Tax withholding price $149.67 per share Per-share value used in the tax-withholding disposition coded F
Direct holdings after transactions 1,248,556 shares Direct Class A Common Stock position after the reported transactions
Restricted units included in holdings 1,150,000 restricted units Restricted units included within the direct holdings that vest over time
restricted units financial
"Represents 1,350,000 restricted units granted under an equity incentive plan"
equity incentive plan financial
"Granted 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.
tax withholding obligations financial
"to satisfy the minimum tax withholding obligations of the reporting person"
vesting financial
"arising in connection with the vesting of restricted units"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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FAQ

What equity award did Ares Management (ARES) grant to R. Kipp deVeer?

R. Kipp deVeer received a grant of 200,000 restricted units under an equity incentive plan, with each unit representing the right to receive one share of Class A Common Stock upon vesting. These awards are part of his equity-based compensation.

How many Ares Management (ARES) shares were withheld for R. Kipp deVeer9s taxes?

The issuer withheld 101,444 shares of Class A Common Stock to satisfy deVeer9s minimum tax withholding obligations. The withholding occurred at a $149.67 per-share value in connection with the vesting of restricted units.

When do R. Kipp deVeer9s Ares Management (ARES) restricted units vest?

One restricted unit grant is scheduled to vest in three equal installments on June 30, 2027, 2028 and 2029. Additional restricted units vest in installments in accordance with their respective award agreements, with each unit delivering one Class A share upon vesting.

How many Ares Management (ARES) shares does R. Kipp deVeer hold after this Form 4?

After the reported transactions, deVeer directly holds 1,248,556 shares of Class A Common Stock. This position includes 1,150,000 restricted units, each representing the right to receive one share as the awards vest over time.

What is the nature of the tax withholding transaction in this Ares (ARES) Form 4?

The transaction coded F reflects shares withheld by the issuer, not an open-market sale. A total of 101,444 shares of Class A Common Stock were retained by Ares Management to cover deVeer9s minimum tax obligations from vesting restricted units.
SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
deVeer R. Kipp

(Last) (First) (Middle)
1800 AVENUE OF THE STARS
SUITE 1400

(Street)
LOS ANGELES CA 90067

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Ares Management Corp [ ARES ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
X Officer (give title below) Other (specify below)
Co-President
3. Date of Earliest Transaction (Month/Day/Year)
01/31/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Class A Common Stock 01/31/2026 A 200,000(1) A $0 1,350,000(2) D
Class A Common Stock 01/31/2026 F 101,444(3) D $149.67 1,248,556(4) D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. 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.
2. 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.
3. 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.
4. 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.
Remarks:
/s/ Anton Feingold, by power of attorney 02/03/2026
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.