Form 4: Ares Management Corp Co-President Blair Jacobson Reports Charitable Donation of 8,000 Shares

Blair Jacobson, Co-President of Ares Management Corp, reported a donation of 8,000 shares of Class A Common Stock to a charity on February 14, 2025.

Summary

• On February 14, 2025, Blair Jacobson, Co-President of Ares Management Corp, donated 8,000 shares of Class A Common Stock to a charity.
• The donation was reported on a Form 4 filing with the SEC.
• Following the transaction, Jacobson directly owns 868,314 shares of Class A Common Stock, which includes 426,312 restricted units granted under an equity incentive plan.
• Each restricted unit represents the right to receive one share of Class A Common Stock upon vesting, with vesting occurring in installments according to the award agreement.

Sentiment

Score: 6

Explanation: The document describes a routine transaction (charitable donation) by a company executive. It's neutral in terms of direct financial impact on the company, but could be perceived slightly positively from a corporate social responsibility perspective.

Industry Context

Executive stock donations are not uncommon and can be viewed positively as a form of corporate social responsibility, though the impact on the company's financials is typically negligible.

Stakeholder Impact

• The charitable donation may have a minor positive impact on the company's reputation.

Key Dates

Keywords

Form 4, Ares Management Corp, Blair Jacobson, Charitable Donation, Class A Common Stock, SEC Filing, Beneficial Ownership, Restricted Units