Key facts
- This page summarizes David B. Kaplan's Form 4 filing for Ares Management Corp (ARES).
- 11 reported transactions and 0 derivative rows are listed below.
- Accepted by SEC: 04 Jun 2024, 18:45.
David B. Kaplan - 31 May 2024 Form 4 Insider Report for Ares Management Corp (ARES)
- Reporting relationship
- Co-Founder, Director
- Issuer ticker
- ARES
- Reported as of
- 31 May 2024
- Net transaction value
- -$17,511,466
- SEC form
- 4
- Accepted by SEC
- 04 Jun 2024, 18:45:00 UTC
- Prior SEC filing
- 17 May 2024
- Next SEC filing
- 25 Jun 2024
- Source filing
- View source filing
- Reporting owner signature
- /s/ Naseem Sagati Aghili, by power of attorney
Source evidence
Original filing metadata and source links for verification.
5 source fields
Reporting owner
1 detail
Key filing fact
David B. Kaplan filed Form 4 for Ares Management Corp (ARES) on 04 Jun 2024.
Change
- Previous filing in this sequence was filed on 17 May 2024.
- Current net transaction value: -$17,511,466.
Research use
- This tells you what this filing adds before you inspect full transaction and derivative tables.
- You can trace every row back to the original SEC filing document.
Evidence
Filed on Form 4
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
ARES
transaction
Class A Common Stock
Sale
- Transaction value
- $5,281,946
- Shares
- -37,839
- Change %
- -15%
- Price
- $139.59
- Shares after
- 212,161
- Date
- 31 May 2024
- Ownership
- By Trently Holdings, LLC
- Footnotes
- F1, F2
ARES
transaction
Class A Common Stock
Sale
- Transaction value
- $7,800,995
- Shares
- -55,630
- Change %
- -26%
- Price
- $140.23
- Shares after
- 156,531
- Date
- 31 May 2024
- Ownership
- By Trently Holdings, LLC
- Footnotes
- F1, F3
ARES
transaction
Class A Common Stock
Sale
- Transaction value
- $980,478
- Shares
- -6,915
- Change %
- -4.4%
- Price
- $141.79
- Shares after
- 149,616
- Date
- 31 May 2024
- Ownership
- By Trently Holdings, LLC
- Footnotes
- F1, F4
ARES
transaction
Class A Common Stock
Sale
- Transaction value
- $756,072
- Shares
- -5,308
- Change %
- -3.5%
- Price
- $142.44
- Shares after
- 144,308
- Date
- 31 May 2024
- Ownership
- By Trently Holdings, LLC
- Footnotes
- F1, F5
ARES
transaction
Class A Common Stock
Sale
- Transaction value
- $580,789
- Shares
- -4,049
- Change %
- -2.8%
- Price
- $143.44
- Shares after
- 140,259
- Date
- 31 May 2024
- Ownership
- By Trently Holdings, LLC
- Footnotes
- F1, F6
ARES
transaction
Class A Common Stock
Sale
- Transaction value
- $86,598
- Shares
- -600
- Change %
- -0.43%
- Price
- $144.33
- Shares after
- 139,659
- Date
- 31 May 2024
- Ownership
- By Trently Holdings, LLC
- Footnotes
- F1, F7
ARES
transaction
Class A Common Stock
Sale
- Transaction value
- $320,834
- Shares
- -2,341
- Change %
- -1.7%
- Price
- $137.05
- Shares after
- 137,318
- Date
- 03 Jun 2024
- Ownership
- By Trently Holdings, LLC
- Footnotes
- F1, F8
ARES
transaction
Class A Common Stock
Sale
- Transaction value
- $1,273,787
- Shares
- -9,229
- Change %
- -6.7%
- Price
- $138.02
- Shares after
- 128,089
- Date
- 03 Jun 2024
- Ownership
- By Trently Holdings, LLC
- Footnotes
- F1, F9
ARES
transaction
Class A Common Stock
Sale
- Transaction value
- $293,016
- Shares
- -2,110
- Change %
- -1.6%
- Price
- $138.87
- Shares after
- 125,979
- Date
- 03 Jun 2024
- Ownership
- By Trently Holdings, LLC
- Footnotes
- F1, F10
ARES
transaction
Class A Common Stock
Sale
- Transaction value
- $122,902
- Shares
- -879
- Change %
- -0.7%
- Price
- $139.82
- Shares after
- 125,100
- Date
- 03 Jun 2024
- Ownership
- By Trently Holdings, LLC
- Footnotes
- F1, F11
ARES
transaction
Class A Common Stock
Sale
- Transaction value
- $14,051
- Shares
- -100
- Change %
- -0.08%
- Price
- $140.51
- Shares after
- 125,000
- Date
- 03 Jun 2024
- Ownership
- By Trently Holdings, LLC
- Footnotes
- F1, F12
ARES
holding
Class A Common Stock
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- 1,180,052
- Date
- 31 May 2024
- Ownership
- By Ares Owners Holdings L.P.
- Footnotes
- F13
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Rule 10b5-1 trading plan
These transactions were reported as open-market trades under a Rule 10b5-1 plan. The plan lets an insider set trading instructions in advance, which can reduce the risk of trading while in possession of material nonpublic information.
Original filing language: transaction made pursuant to a contract, instruction, or written plan intended to satisfy Rule 10b5-1(c).
Explanation of responses 13 footnotes
Footnote F1
This transaction was effected pursuant to a 10b5-1 trading plan adopted on March 1, 2024 by the reporting person, or a vehicle controlled by him.
Footnote F2
The price reported in Column 4 is a weighted average price. These shares were sold on May 31, 2024 in multiple transactions at prices ranging from $139.11 to $140.10. 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 sold at each separate price within the ranges set forth in this footnote and footnotes 3, 4, 5, 6, 7, 8, 9, 10, 11 and 12.
Footnote F3
The price reported in Column 4 is a weighted average price. These shares were sold on May 31, 2024 in multiple transactions at prices ranging from $140.11 to $141.09.
Footnote F4
The price reported in Column 4 is a weighted average price. These shares were sold on May 31, 2024 in multiple transactions at prices ranging from $141.12 to $142.11.
Footnote F5
The price reported in Column 4 is a weighted average price. These shares were sold on May 31, 2024 in multiple transactions at prices ranging from $142.12 to $143.10.
Footnote F6
The price reported in Column 4 is a weighted average price. These shares were sold on May 31, 2024 in multiple transactions at prices ranging from $143.13 to $144.08.
Footnote F7
The price reported in Column 4 is a weighted average price. These shares were sold on May 31, 2024 in multiple transactions at prices ranging from $144.14 to $144.88.
Footnote F8
The price reported in Column 4 is a weighted average price. These shares were sold on June 3, 2024 in multiple transactions at prices ranging from $136.41 to $137.40.
Footnote F9
The price reported in Column 4 is a weighted average price. These shares were sold on June 3, 2024 in multiple transactions at prices ranging from $137.41 to $138.37.
Footnote F10
The price reported in Column 4 is a weighted average price. These shares were sold on June 3, 2024 in multiple transactions at prices ranging from $138.41 to $139.32.
Footnote F11
The price reported in Column 4 is a weighted average price. These shares were sold on June 3, 2024 in multiple transactions at prices ranging from $139.41 to $140.37.
Footnote F12
The price reported in Column 4 is a weighted average price. These shares were sold on June 3, 2024 in multiple transactions at prices ranging from $140.51 to $140.54.
Footnote F13
The reporting person or a vehicle controlled by him is a limited partner in Ares Owners Holdings L.P. ("AOH"), the direct holder of the shares of Class A Common Stock. The shares of Class A Common Stock indirectly held by the reporting person or the vehicle are the number of shares of Class A Common Stock that he or the vehicle has a right to receive as a limited partner in AOH.