Key facts
- This page summarizes David B. Kaplan's Form 4 filing for Ares Management Corp (ARES).
- 2 reported transactions and 1 derivative row are listed below.
- Accepted by SEC: 20 Feb 2025, 20:52.
David B. Kaplan - 18 Feb 2025 Form 4 Insider Report for Ares Management Corp (ARES)
- Reporting relationship
- Co-Founder, Director
- Issuer ticker
- ARES
- Reported as of
- 18 Feb 2025
- Net transaction value
- $0
- SEC form
- 4
- Accepted by SEC
- 20 Feb 2025, 20:52:05 UTC
- Prior SEC filing
- 02 Dec 2024
- Next SEC filing
- 06 Mar 2025
- 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 20 Feb 2025.
Change
- Previous filing in this sequence was filed on 02 Dec 2024.
- Current net transaction value: $0.
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
Conversion of derivative security
- Transaction value
- $0
- Shares
- +100,000
- Change %
- Price
- $0.000000
- Shares after
- 100,000
- Date
- 18 Feb 2025
- Ownership
- By Trently Holdings, LLC
ARES
holding
Class A Common Stock
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- 1,150,052
- Date
- 18 Feb 2025
- Ownership
- By Ares Owners Holdings L.P.
- Footnotes
- F1
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
ARES
transaction
Derivative
Ares Operating Group Units
Conversion of derivative security
- Transaction value
- Shares
- -100,000
- Change %
- -1.2%
- Price
- Shares after
- 8,321,596
- Date
- 18 Feb 2025
- Ownership
- By Ares Owners Holdings L.P.
- Underlying class
- Class A Common Stock
- Underlying amount
- 100,000
- Exercise price
- Footnotes
- F2, F3
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Explanation of responses 3 footnotes
Footnote F1
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.
Footnote F2
Pursuant to the terms of the Fifth Amended and Restated Exchange Agreement (the "Exchange Agreement"), dated as of April 1, 2021, among Ares Management Corporation, Ares Holdings L.P. and each Ares Operating Group Limited Partner (as defined in the Exchange Agreement), and subject to certain requirements and restrictions, the partnership units of the Ares Operating Group ("AOG Units") are exchangeable for shares of Class A Common Stock on a one-for-one basis.
Footnote F3
The reporting person or a vehicle controlled by him is a limited partner in AOH, the direct holder of the shares of AOG Units. The AOG Units indirectly held by the reporting person are the number of AOG Units that he has a right to receive as a limited partner in AOH.