Ares Management Corporation SEC Filings

Michael J. Arougheti, Co-Founder and CEO of Ares Management Corp (ARES), reported multiple sales of Class A common stock under a 10b5-1 plan executed August 20-22, 2025. The filings show a series of dispositions ranging from 1,300 to 56,263 shares on individual dates at weighted average prices between $176.71 and $183.63. Following the reported sales, beneficial ownership reported via Atticus Enterprises LLC declined in stages, with reported post-sale beneficial holdings shown as 301,627; 286,827; 230,564; 213,848; 159,477; 150,408; 148,906; 147,606; 97,601; 67,244; 50,560; 44,760 shares at various points. The filing also discloses 1,400,000 restricted units that convert to Class A shares upon vesting.

Anton P. Ressler, a director, 10% owner and Co-Founder & Executive Chairman of Ares Management Corp (ARES), reported multiple sales of Class A common stock under a 10b5-1 plan adopted May 21, 2025. Between August 20-22, 2025 he sold a total of 266,743 shares in multiple transactions at weighted-average prices ranging roughly from $176.76 to $183.67 per share. The filing states these holdings include 2,000,000 shares previously held indirectly through Ares Owners Holdings L.P. After the reported sales, the filing discloses indirect beneficial ownership of 2,235,625 shares through Ares Owners Holdings L.P.

Ares Management Corporation (ARES) filer submitted a Form 144 to notify a proposed sale of 300,000 shares of common stock through Morgan Stanley Smith Barney LLC. The filing states the aggregate market value of the shares at approximately $54,177,000 and reports 215,934,693 shares outstanding. The approximate date of sale is 08/20/2025. The securities were acquired as Founders Shares on 05/01/2014 from the issuer and the filer reports no sales in the prior three months. The notice includes the standard representation that the seller is not aware of any undisclosed material adverse information.

Ares Management Corp director and Co-Founder/CEO Michael J. Arougheti reported multiple transactions in Class A Common Stock in mid-August 2025. The filing shows a conversion/acquisition of 590,000 Class A shares (via Ares Operating Group units) and an acquisition of 590,000 AOG units exchangeable one-for-one into Class A shares. Concurrently, the reporting person sold multiple blocks of Class A shares across August 15–19, 2025, at prices ranging roughly from $179.51 to $191.28, reducing his indirect beneficial ownership to 311,728 Class A shares held indirectly through Atticus Enterprises LLC and Ares Owners Holdings L.P. The transactions were effected pursuant to a 10b5-1 trading plan adopted December 13, 2024.

Ares Management Corporation (ARES) Form 144 notice reports a proposed sale of 533,796 common shares through Morgan Stanley Smith Barney on 08/18/2025 with an aggregate market value of $100,236,212.88. The shares were acquired as Founders Shares from the issuer on 05/02/2014. The filing also lists 10b5-1 sales by ATTICUS ENTERPRISES LLC during the past three months on 05/19/2025, 05/20/2025, 05/21/2025, and 08/15/2025 with individual gross proceeds shown. The filer certifies no undisclosed material adverse information and references Rule 10b5-1 trading plan language.

Ares Management Corporation (ARES) Form 144 notice reports a proposed sale of 56,204 common shares through Morgan Stanley Smith Barney, with an aggregate market value of $10,704,051.80 and approximately 215,934,693 shares outstanding. The shares were acquired as founders shares on 05/02/2014 and payment was recorded on that date.

The filing also discloses multiple recent 10b5-1 sales by ATTICUS ENTERPRISES LLC in May 2025: 182,108 shares on 05/16 (gross proceeds $30,970,870.82), 93,184 on 05/19 ($15,735,646.62), 150,000 on 05/20 ($24,955,305.00), and 107,500 on 05/21 ($17,344,361.75). The filer includes the standard representation that no undisclosed material information is known.

Jacobson Blair, Co-President of Ares Management Corporation (ARES), reported donating 8,000 shares of Class A common stock on 08/11/2025. After the donation, the filing shows the reporting person beneficially owns 860,314 shares, which includes 426,312 restricted units granted under Ares’ equity incentive plan; those restricted units convert to one share each upon vesting and vest in installments under the award agreement. The Form 4 discloses the gift in Table I and includes an explanatory note clarifying the donation and the composition of post-transaction beneficial ownership.

Anton P. Ressler, Co-Founder and Executive Chairman of Ares Management and a director and 10% owner, reported a gift of 700,000 Class A common shares on August 12, 2025 to a charitable foundation of which he is a trustee. The shares reported as gifted were previously held by Ares Owners Holdings L.P., the direct holder, in which the reporting person or a vehicle controlled by him is a limited partner. The transaction is coded as a gift and reported at a price of $0. Following the reported transfer, the reporting person retains indirect beneficial ownership of 4,235,625 Class A shares through Ares Owners Holdings L.P. The Form 4 discloses the nature of indirect ownership and the source of the gifted shares without indicating any exercise of derivative instruments.

Ares Partners Holdco LLC and Ares Owners Holdings L.P. report beneficial ownership totaling 114,319,098 shares of Ares Management Corporation Class A common stock, representing 35.0% of the class when accounting for 107,282,369 AOG Units convertible one-for-one into Class A shares. The position comprises 7,036,729 Class A Shares and 107,282,369 AOG Units, with shared voting and dispositive power over the aggregate amount. The filing names the board of managers that manages the reporting entities and discloses that Antony P. Ressler generally has veto authority. Aggregating reported holdings with Board Members' interests yields 118,703,251 shares (36.1%) on the stated basis.