Michael J. Arougheti - 31 Jan 2026 Form 4 Insider Report for Ares Management Corp (ARES)

Signature
/s/ Anton Feingold, by power of attorney
Issuer symbol
ARES
Transactions as of
31 Jan 2026
Net transactions value
-$22,823,927
Form type
4
Filing time
03 Feb 2026, 21:31:02 UTC
Previous filing
19 Dec 2025

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Arougheti Michael J Co-Founder and CEO, Director 1800 AVENUE OF THE STARS, SUITE 1400, LOS ANGELES /s/ Anton Feingold, by power of attorney 03 Feb 2026 0001304471

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ARES Class A Common Stock Award $0 +200,000 +14% $0.000000 1,600,000 31 Jan 2026 Direct F1, F2
transaction ARES Class A Common Stock Tax liability $22,823,927 -152,495 -9.5% $149.67 1,447,505 31 Jan 2026 Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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 restrictions on such units are scheduled to lapse in three equal installments on June 30, 2027, 2028 and 2029.
F2 Represents 1,600,000 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.
F3 Consists of Class A Common Stock withheld by the Issuer in order to satisfy the minimum tax withholding obligations of the reporting person arising in connection with the vesting of restricted units representing the right to receive one share of Class A Common Stock 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.
F4 Includes 1,300,000 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.