Ares Management Corporation Co-President Blair Jacobson reported equity compensation transactions in Class A common stock. On January 31, 2026, he was granted 300,000 restricted units at $0 under an equity incentive plan, each unit representing one share upon vesting. These restrictions are scheduled to lapse in four equal installments on January 31, 2028, 2029, 2030 and 2031. On the same date, 47,000 shares of Class A common stock at $149.67 were withheld to satisfy minimum tax withholding obligations arising from vesting of prior restricted units. After these transactions, Jacobson beneficially owned 1,111,221 shares directly, including 621,860 restricted units that vest in installments under the applicable award agreements.
Ares Management Corporation’s Chief Financial Officer, Jarrod Phillips, reported equity-related transactions in Class A common stock. On January 31, 2026, he received 100,000 restricted units at $0 under the company’s equity incentive plan, each unit convertible into one share as it vests between 2028 and 2031.
On the same date, 15,568 shares were withheld at $149.67 per share to cover minimum tax obligations from vesting. After these transactions, he beneficially owned 327,809 Class A shares directly, including 250,003 restricted units scheduled to vest in installments under applicable award agreements.
Ares Management Corporation’s General Counsel, Naseem Sagati Aghili, reported equity-related transactions in Class A common stock. On January 31, 2026, the reporting person received 100,000 restricted units at $0 under an equity incentive plan, each unit representing one future share, scheduled to vest in four equal installments on January 31, 2028, 2029, 2030 and 2031.
On the same date, 23,861 shares of Class A common stock at $149.67 per share were withheld by Ares to satisfy minimum tax withholding obligations arising from the vesting of restricted units. After these transactions, the reporting person beneficially owned 330,810 Class A shares, including 204,872 restricted units that vest over time under applicable award agreements.
Ares Management Corporation’s Co-Founder and CEO Michael J. Arougheti reported equity compensation and related tax withholding transactions in Class A Common Stock on January 31, 2026.
He received 200,000 restricted units under an equity incentive plan, each representing one share of Class A Common Stock upon vesting. These units are scheduled to vest in three equal installments on June 30, 2027, 2028 and 2029.
On the same date, 152,495 shares of Class A Common Stock were withheld by Ares Management to satisfy his minimum tax withholding obligations arising from the vesting of earlier restricted unit awards, at a price of $149.67 per share. After these transactions, he beneficially owned 1,447,505 Class A shares and restricted units, including 1,300,000 restricted units that continue to vest in installments under award agreements.
The Vanguard Group filed an amended Schedule 13G reporting beneficial ownership of 26,049,790 shares of Ares Management Corp common stock, representing 12.01% of the class as of 12/31/2025. Vanguard reports shared voting power over 2,076,664 shares and shared dispositive power over all 26,049,790 shares, with no sole voting or dispositive power.
The filing states these securities are held in the ordinary course of business and not for the purpose of changing or influencing control of Ares. Vanguard notes an internal realignment effective 01/12/2026, after which certain subsidiaries may report beneficial ownership separately while continuing the same investment strategies.
Ares Management Corporation’s General Counsel, Sagati Aghili Naseem, reported planned share sales under a Rule 10b5-1 trading plan. On January 22, 2026, the insider sold 1,249, 400, and 200 shares of Class A common stock in three separate transactions at weighted average prices of $161.36, $162.28, and $163.94, respectively. The prices reflect multiple trades within narrow ranges on that date.
After these sales, the reporting person beneficially owned 254,671 shares of Class A common stock in total. This amount includes 154,872 restricted units granted under Ares Management Corporation’s equity incentive plan, each representing the right to receive one share of Class A common stock upon vesting in accordance with the applicable award agreement.
Ares Management Corporation Co-President Blair Jacobson reported an automatic tax withholding related to equity compensation. On 01/20/2026, 2,093 shares of Class A common stock were withheld by Ares Management to cover minimum tax obligations arising from the vesting of restricted stock units at a price of $163.16 per share.
After this transaction, Jacobson beneficially owned 858,221 shares of Class A common stock, including 421,860 restricted units granted under an equity incentive plan. Each restricted unit represents the right to receive one share of Class A common stock as it vests in installments under the applicable award agreement.
Ares Management Corporation’s Chief Financial Officer Jarrod Phillips reported routine equity compensation activity. On January 20, 2026, he acquired 2,712 shares of Class A Common Stock at $0 per share (code A), granted under an equity incentive plan as restricted units. These units are scheduled to vest in three equal installments on January 20, 2027, 2028 and 2029.
On the same date, 1,683 shares of Class A Common Stock were withheld (code F) at a price of $163.16 per share to satisfy minimum tax withholding obligations related to vesting restricted units. After these transactions, Phillips directly beneficially owned 243,377 shares of Class A Common Stock, which includes 180,003 restricted units that vest in installments under the applicable award agreements.
Ares Management Corp General Counsel Sagati Aghili Naseem reported equity transactions in Class A Common Stock on January 20, 2026. The filing shows an acquisition of 2,712 shares at $0, granted under an equity incentive plan as restricted units that vest in three equal installments on January 20, 2027, 2028 and 2029.
On the same date, 1,089 shares were withheld at a price of $163.16 per share to cover minimum tax withholding obligations triggered by vesting of restricted units. After these transactions, the reporting person directly beneficially owned 256,520 shares of Class A Common Stock, including 154,872 restricted units that vest over time under the applicable award agreements.
A shareholder of the issuer has filed a notice of proposed sale of 1,849 shares of common stock through Morgan Stanley Smith Barney LLC, with an aggregate market value of $300,166.66. The shares are expected to be sold on or about 01/22/2026 on the NYSE, against total shares outstanding of 216,852,343.
The seller acquired these 1,849 shares on 01/20/2026 as restricted stock units from the issuer, with no separate cash payment noted. By signing the notice, the seller represents that they are not aware of any undisclosed material adverse information about the issuer’s current or prospective operations.