Michael Kort Schnabel - 31 Oct 2025 Form 4 Insider Report for ARES CAPITAL CORP (ARCC)

Role: Chief Executive Officer
Signature: /s/ Monica J. Shilling, by power of attorney
Issuer symbol: ARCC
Transactions as of: 31 Oct 2025
Net transactions value: +$265,070
Form type: 4
Filing time: 03 Nov 2025, 18:15:25 UTC
Previous filing: 04 May 2023
Next filing: 16 Dec 2025
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
SCHNABEL MICHAEL KORT	Chief Executive Officer	C/O ARES CAPITAL CORPORATION, 245 PARK AVENUE, 44TH FLOOR, NEW YORK	/s/ Monica J. Shilling, by power of attorney	03 Nov 2025	0001952244

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	ARCC	Common Stock	Purchase	$265,070	+13,000	+87%	$20.39	28,000	31 Oct 2025	Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $20.29 to $20.49, inclusive. The reporting person undertakes to provide to Ares Capital Corporation, any security holder of Ares Capital Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within such range.

Content

The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $20.29 to $20.49, inclusive. The reporting person undertakes to provide to Ares Capital Corporation, any security holder of Ares Capital Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within such range.