Ryan Berry - 06 Nov 2024 Form 4 Insider Report for Ares Management Corp (ARES)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
08 Nov 2024, 21:19:45 UTC
Prior SEC filing
05 Nov 2024
Next SEC filing
12 Nov 2024
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Anton Feingold, by power of attorney

Key filing fact

Ryan Berry filed Form 4 for Ares Management Corp (ARES) on 08 Nov 2024.

Key facts

  • This page summarizes Ryan Berry's Form 4 filing for Ares Management Corp (ARES).
  • 1 reported transaction and 0 derivative rows are listed below.
  • Accepted by SEC: 08 Nov 2024, 21:19.

Change

  • Previous filing in this sequence was filed on 05 Nov 2024.
  • Current net transaction value: -$3,210,874.

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

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

ARES transaction

Class A Common Stock

Sale

Transaction value
$3,210,874
Shares
-18,329
Change %
-6.7%
Price
$175.18
Shares after
254,885
Date
06 Nov 2024
Ownership
Direct
Footnotes
F1, F2, F3
ARES holding

Class A Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
2,700
Date
06 Nov 2024
Ownership
By Retirement Savings Plan
ARES holding

Class A Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
7,387
Date
06 Nov 2024
Ownership
By Spouse's SEP IRA
ARES holding

Class A Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
293,224
Date
06 Nov 2024
Ownership
By Reporting Person and Spouse as joint tenants with right of survivorship
ARES holding

Class A Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
5,003
Date
06 Nov 2024
Ownership
By IRA
* 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 3 footnotes

Footnote F1

This transaction was effected pursuant to a 10b5-1 trading plan adopted on June 6, 2024 by the reporting person.

Footnote F2

The price reported in Column 4 is a weighted average price. These shares were sold on November 6, 2024 in multiple transactions at prices ranging from $175.00 to $175.45. 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 range set forth in this footnote.

Footnote F3

Includes 201,702 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.

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