Ashish Bhutani - 06 Feb 2026 Form 4 Insider Report for Ares Management Corp (ARES)

Role: Director
Signature: /s/ Anton Feingold, by power of attorney
Issuer symbol: ARES
Transactions as of: 06 Feb 2026
Net transactions value: +$1,266,100
Form type: 4
Filing time: 10 Feb 2026, 17:09:08 UTC
Previous filing: 04 Aug 2025
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
BHUTANI ASHISH	Director	1800 AVENUE OF THE STARS, SUITE 1400, LOS ANGELES	/s/ Anton Feingold, by power of attorney	10 Feb 2026	0001287727

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	ARES	Class A Common Stock	Purchase	$1,266,100	+10,000	+42%	$126.61	34,071	06 Feb 2026	Direct	F1, F2

* 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 on February 6, 2026 in multiple transactions at prices ranging from $126.11 to $127.07. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote.
F2	Includes 1,166 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.

Content

The price reported in Column 4 is a weighted average price. These shares were purchased on February 6, 2026 in multiple transactions at prices ranging from $126.11 to $127.07. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote.

Includes 1,166 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.