Ryan Berry - 31 Jan 2025 Form 4 Insider Report for Ares Management Corp (ARES)

Reporting relationship: Chief Mktg. & Strategy Officer
Issuer ticker: ARES
Reported as of: 31 Jan 2025
Net transaction value: -$3,652,600
SEC form: 4
Accepted by SEC: 04 Feb 2025, 21:23:49 UTC
Prior SEC filing: 22 Jan 2025
Source filing: View source filing
Reporting owner signature: /s/ Naseem Sagati Aghili, by power of attorney

Key filing fact

Ryan Berry filed Form 4 for Ares Management Corp (ARES) on 04 Feb 2025.

Key facts

This page summarizes Ryan Berry's Form 4 filing for Ares Management Corp (ARES).
2 reported transactions and 0 derivative rows are listed below.
Accepted by SEC: 04 Feb 2025, 21:23.

Change

Previous filing in this sequence was filed on 22 Jan 2025.
Current net transaction value: -$3,652,600.

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

Award

Transaction value: $0
Shares: +40,000
Change %: +20%
Price: $0.000000
Shares after: 240,229
Date: 31 Jan 2025
Ownership: Direct
Footnotes: F1, F2

ARES transaction

Class A Common Stock

Tax liability

Transaction value: $3,652,600
Shares: -18,427
Change %: -7.7%
Price: $198.22
Shares after: 221,802
Date: 31 Jan 2025
Ownership: Direct
Footnotes: F3, F4

ARES holding

Class A Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 2,700
Date: 31 Jan 2025
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: 31 Jan 2025
Ownership: By Spouse's SEP IRA

ARES holding

Class A Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 324,736
Date: 31 Jan 2025
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: 31 Jan 2025
Ownership: By IRA

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 4 footnotes

Footnote 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 four equal installments on January 31, 2027, 2028, 2029 and 2030.

Footnote F2

Includes 237,629 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.

Footnote 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.

Footnote F4

Includes 200,129 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.