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[144] Ares Management Corporation SEC Filing

Filing Impact
(Low)
Filing Sentiment
(Neutral)
Form Type
144
Rhea-AI Filing Summary

Form 144 filed for Ares Management Corporation (ARES) reports a proposed sale of 300,000 common shares through Morgan Stanley Smith Barney, with an aggregate market value of $54,081,000 and approximately 215,934,693 shares outstanding. The shares were acquired as founders shares on 05/01/2014 and the approximate date of sale is 08/29/2025. The filing also lists multiple recent 10b5-1 plan sales by TJ CAPITAL INVESTORS LLC between 08/20/2025 and 08/28/2025, with daily sale amounts and gross proceeds disclosed for each date.

Il modulo 144 depositato per Ares Management Corporation (ARES) segnala la proposta vendita di 300.000 azioni ordinarie tramite Morgan Stanley Smith Barney, con un valore di mercato complessivo di $54.081.000 e circa 215.934.693 azioni in circolazione. Le azioni erano state acquisite come azioni dei fondatori il 01/05/2014 e la data approssimativa della vendita è il 29/08/2025. Il deposito indica inoltre più vendite recenti pianificate ai sensi della regola 10b5-1 da parte di TJ CAPITAL INVESTORS LLC tra il 20/08/2025 e il 28/08/2025, con importi venduti giornalmente e proventi lordi specificati per ciascuna data.

El formulario 144 presentado para Ares Management Corporation (ARES) informa sobre la propuesta venta de 300.000 acciones ordinarias a través de Morgan Stanley Smith Barney, con un valor de mercado agregado de $54,081,000 y aproximadamente 215.934.693 acciones en circulación. Las acciones se adquirieron como acciones de fundadores el 01/05/2014 y la fecha aproximada de la venta es el 29/08/2025. La presentación también enumera varias ventas recientes bajo planes 10b5-1 de TJ CAPITAL INVESTORS LLC entre el 20/08/2025 y el 28/08/2025, con montos vendidos diarios y los ingresos brutos divulgados para cada fecha.

Ares Management Corporation (ARES)� 제출� 양식 144� Morgan Stanley Smith Barney� 통해 300,000� 보통� 매각 예정임을 보고하며, � 시장 가� $54,081,000 � � 215,934,693주의 발행주식수를 기재하고 있습니다. 해당 주식은 2014� 05� 01일에 창업� 주식으로 취득되었으며 매각� 추정일자� 2025� 08� 29일입니다. 제출서에� 또한 TJ CAPITAL INVESTORS LLC� 2025� 08� 20일부� 08� 28일까지� 여러 10b5-1 계획� 따른 최근 매각 내역� 일별 매각액과 � 날짜� 총수익을 포함� 기재되어 있습니다.

Le formulaire 144 déposé pour Ares Management Corporation (ARES) signale la cession proposée de 300 000 actions ordinaires via Morgan Stanley Smith Barney, avec une valeur de marché agrégée de 54 081 000 $ et environ 215 934 693 actions en circulation. Les actions ont été acquises en tant que actions de fondateur le 01/05/2014 et la date approximative de la vente est le 29/08/2025. Le dépôt mentionne également plusieurs ventes récentes dans le cadre de plans 10b5-1 par TJ CAPITAL INVESTORS LLC entre le 20/08/2025 et le 28/08/2025, avec les montants vendus quotidiennement et les produits bruts déclarés pour chaque date.

Das eingereichte Formular 144 für Ares Management Corporation (ARES) meldet einen geplanten Verkauf von 300.000 Stammaktien über Morgan Stanley Smith Barney, mit einem zusammengefassten Marktwert von $54.081.000 und etwa 215.934.693 ausgegebenen Aktien. Die Aktien wurden am 01.05.2014 als Gründeraktien erworben, und das ungefähre Verkaufsdatum ist der 29.08.2025. Die Einreichung listet außerdem mehrere jüngste Verkäufe im Rahmen von 10b5-1-Plänen durch TJ CAPITAL INVESTORS LLC zwischen dem 20.08.2025 und dem 28.08.2025 auf, wobei die täglichen Verkaufsbeträge und die Bruttoerlöse für jedes Datum angegeben sind.

Positive
  • Clear regulatory disclosure of the proposed sale including broker, share count, market value, and acquisition history
  • Documentation of acquisition date and nature (founders shares acquired 05/01/2014) providing provenance for the securities
  • Listing of recent 10b5-1 sales with dates, amounts, and gross proceeds increases transparency about executed dispositions
Negative
  • Large founder share sale planned: 300,000 shares with aggregate market value of $54,081,000 could increase short-term supply
  • Multiple recent 10b5-1 sales by TJ CAPITAL INVESTORS LLC across 08/20/2025�08/28/2025 totaling substantial proceeds, which may signal significant insider/affiliate liquidity
  • No stated purpose for the sale is provided in the filing (the document contains the required representations but does not disclose use of proceeds or ongoing intentions)

Insights

TL;DR: The filing discloses a sizable founder share sale and multiple recent 10b5-1 executions; disclosure is clear but sales could affect float and near-term supply.

The Form 144 shows a proposed disposition of 300,000 common shares valued at $54.08 million against an outstanding share count of 215.93 million, representing a visible transfer of founder-held equity. The filing cleanly documents acquisition date (05/01/2014) and nature (founders shares), and lists broker details and planned sale date. The record of seven 10b5-1 sales by TJ CAPITAL INVESTORS LLC from 08/20/2025 through 08/28/2025 provides transparent transaction-level data including amounts and gross proceeds. From a market-impact perspective, while the filing does not state purpose or beneficiary, the disclosed volumes and values are material enough to increase tradable supply in the short term.

TL;DR: Recurrent large insider and affiliated-plan sales raise governance and signaling concerns despite formal compliance with Rule 144 and 10b5-1 documentation.

The notice identifies founder-origin shares and repeated 10b5-1 plan executions by an affiliated investor, TJ CAPITAL INVESTORS LLC, over consecutive trading days with multi-million-dollar proceeds. Although the filing includes required representations about absence of undisclosed material information and documents the plan reliance, the pattern of concentrated sales from insiders/affiliates is noteworthy for shareholders assessing insider alignment with long-term interests. The filing itself is compliant and informative but suggests further monitoring of insider dispositions and any related disclosures.

Il modulo 144 depositato per Ares Management Corporation (ARES) segnala la proposta vendita di 300.000 azioni ordinarie tramite Morgan Stanley Smith Barney, con un valore di mercato complessivo di $54.081.000 e circa 215.934.693 azioni in circolazione. Le azioni erano state acquisite come azioni dei fondatori il 01/05/2014 e la data approssimativa della vendita è il 29/08/2025. Il deposito indica inoltre più vendite recenti pianificate ai sensi della regola 10b5-1 da parte di TJ CAPITAL INVESTORS LLC tra il 20/08/2025 e il 28/08/2025, con importi venduti giornalmente e proventi lordi specificati per ciascuna data.

El formulario 144 presentado para Ares Management Corporation (ARES) informa sobre la propuesta venta de 300.000 acciones ordinarias a través de Morgan Stanley Smith Barney, con un valor de mercado agregado de $54,081,000 y aproximadamente 215.934.693 acciones en circulación. Las acciones se adquirieron como acciones de fundadores el 01/05/2014 y la fecha aproximada de la venta es el 29/08/2025. La presentación también enumera varias ventas recientes bajo planes 10b5-1 de TJ CAPITAL INVESTORS LLC entre el 20/08/2025 y el 28/08/2025, con montos vendidos diarios y los ingresos brutos divulgados para cada fecha.

Ares Management Corporation (ARES)� 제출� 양식 144� Morgan Stanley Smith Barney� 통해 300,000� 보통� 매각 예정임을 보고하며, � 시장 가� $54,081,000 � � 215,934,693주의 발행주식수를 기재하고 있습니다. 해당 주식은 2014� 05� 01일에 창업� 주식으로 취득되었으며 매각� 추정일자� 2025� 08� 29일입니다. 제출서에� 또한 TJ CAPITAL INVESTORS LLC� 2025� 08� 20일부� 08� 28일까지� 여러 10b5-1 계획� 따른 최근 매각 내역� 일별 매각액과 � 날짜� 총수익을 포함� 기재되어 있습니다.

Le formulaire 144 déposé pour Ares Management Corporation (ARES) signale la cession proposée de 300 000 actions ordinaires via Morgan Stanley Smith Barney, avec une valeur de marché agrégée de 54 081 000 $ et environ 215 934 693 actions en circulation. Les actions ont été acquises en tant que actions de fondateur le 01/05/2014 et la date approximative de la vente est le 29/08/2025. Le dépôt mentionne également plusieurs ventes récentes dans le cadre de plans 10b5-1 par TJ CAPITAL INVESTORS LLC entre le 20/08/2025 et le 28/08/2025, avec les montants vendus quotidiennement et les produits bruts déclarés pour chaque date.

Das eingereichte Formular 144 für Ares Management Corporation (ARES) meldet einen geplanten Verkauf von 300.000 Stammaktien über Morgan Stanley Smith Barney, mit einem zusammengefassten Marktwert von $54.081.000 und etwa 215.934.693 ausgegebenen Aktien. Die Aktien wurden am 01.05.2014 als Gründeraktien erworben, und das ungefähre Verkaufsdatum ist der 29.08.2025. Die Einreichung listet außerdem mehrere jüngste Verkäufe im Rahmen von 10b5-1-Plänen durch TJ CAPITAL INVESTORS LLC zwischen dem 20.08.2025 und dem 28.08.2025 auf, wobei die täglichen Verkaufsbeträge und die Bruttoerlöse für jedes Datum angegeben sind.

144: Filer Information

144: Issuer Information

144: Securities Information



Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold


* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.



Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

144: Remarks and Signature

FAQ

What does the Form 144 filed for ARES disclose?

The filing discloses a proposed sale of 300,000 common shares (aggregate market value $54,081,000), acquired as founders shares on 05/01/2014, with an approximate sale date of 08/29/2025.

Who is the broker handling the proposed ARES sale?

The broker named is Morgan Stanley Smith Barney LLC, Executive Financial Services, 1 New York Plaza, 8th Floor, New York, NY.

Were there any recent sales by related parties disclosed?

Yes. The filing lists multiple 10b5-1 sales by TJ CAPITAL INVESTORS LLC from 08/20/2025 to 08/28/2025, with daily amounts and gross proceeds provided for each date.

What type of shares are being sold and when were they acquired?

The securities are Common shares acquired as Founders Shares on 05/01/2014.

Does the Form 144 indicate compliance with Rule 10b5-1?

The filing references reliance on Rule 10b5-1 for prior sales (the 10b5-1 sales are listed), and includes the required representation that the seller does not possess undisclosed material information.
Ares Management Corporation

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