Ares Management Corp
For the period ended Dec 31, 2024. Filed Feb 27, 2025.
View on SEC.govAbout this filing
A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2024 · Filed Feb 27, 2025
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Item 9B. Other Information
Rule 10b5-1 Trading Plans
During the three months ended December 31, 2024, certain of our executive officers and directors or a vehicle controlled by them (each, a “Plan Participant”) entered into Rule 10b5-1 trading plan (a “Rule 10b5-1 Trading Plan”) to sell shares of our Class A common stock, in each case, subject to any applicable volume limitations.
The table below provides certain information regarding each Plan Participant’s Rule 10b5-1 Trading Plan.
| Name and Title | Plan Date | Maximum Shares That May Be Sold Under the Plan | Plan Expiration Date |
|---|---|---|---|
| Bennett Rosenthal, Director, Co-Founder and Chairman of Private Equity Group | November 19, 2024 | 100,000 | August 15, 2025 |
| David Kaplan, Director and Co-Founder | November 19, 2024 | 100,000 | August 15, 2025 |
| Michael Arougheti, Co-Founder & Chief Executive Officer | December 13, 2024 | 1,880,845 | January 31, 2026 |
A Rule 10b5-1 Trading Plan is a written document that pre-establishes the amounts, prices and dates (or formulas for determining the amounts, prices and dates) of future purchases or sales of our common stock, including, if applicable, shares issued upon exercise of stock options or vesting of unvested awards.
Each Plan Participant’s Rule 10b5-1 Trading Plan wasadopted during an authorized trading period and when such Plan Participant was not in possession of material non-public information and is intended to satisfy the affirmative defense of Rule 10b5-1(c) under the Exchange Act.
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.