Ares Management (ARES) insider gifts 15,000 Class A shares, still holds over 1M

Rhea-AI Filing Summary

A co-founder and chairman of Ares Management Corp reported gifting 15,000 shares of Class A common stock on December 16, 2025 to a charitable foundation where he serves as a director. The shares were previously held on his behalf through Ares Owners Holdings L.P., which is the direct owner of the stock. After this non-cash gift, he continues to beneficially own 1,061,052 Class A shares indirectly through his limited partner interest in Ares Owners Holdings L.P.

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

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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^*

Rosenthal Bennett

(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-Founder & Chairman of PEG

3. Date of Earliest Transaction (Month/Day/Year)
12/16/2025

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	12/16/2025		G		15,000(1)	D	$0	1,061,052	I	By Ares Owners Holdings L.P.(2)

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. Represents the number of shares of Class A Common Stock previously held by Ares Owners Holdings L.P ("AOH") on behalf of the reporting person or a vehicle controlled by him, which were gifted on December 16, 2025 to a charitable foundation of which the reporting person is a director.

2. The reporting person or a vehicle controlled by him is a limited partner in AOH, the direct holder of the shares of Class A Common Stock. The shares of Class A Common Stock indirectly held by the reporting person or the vehicle are the number of shares of Class A Common Stock that he or the vehicle has a right to receive as a limited partner in AOH.

Remarks:

	/s/ Anton Feingold, by power of attorney	12/18/2025
	** 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.

FAQ

What insider transaction did Ares Management Corp (ARES) report in this Form 4?

The filing reports that a co-founder and chairman of Ares Management Corp gifted 15,000 shares of Class A common stock to a charitable foundation on December 16, 2025.

Was the Ares Management Corp (ARES) insider transaction a sale or a gift?

The reported transaction was a gift of 15,000 shares of Class A common stock, not an open-market sale.

How many Ares Management Corp (ARES) shares does the insider beneficially own after the gift?

Following the gift, the reporting person beneficially owns 1,061,052 shares of Ares Management Corp Class A common stock, held indirectly through Ares Owners Holdings L.P.

How were the gifted Ares Management Corp (ARES) shares held before the transaction?

The 15,000 gifted shares were previously held by Ares Owners Holdings L.P. on behalf of the reporting person or a vehicle controlled by him.

What is the relationship of the reporting person to Ares Management Corp (ARES)?

The reporting person is a director of Ares Management Corp and serves as an officer with the title Co-Founder & Chairman of PEG.

Who received the gifted Ares Management Corp (ARES) shares?

The 15,000 Class A shares were gifted to a charitable foundation of which the reporting person is a director.