Form 4: Ares Management Corp: Director Bennett Rosenthal Executes Stock Sales Under 10b5-1 Plan

Bennett Rosenthal, Co-Founder & Chairman of PEG at Ares Management Corp, sold shares of Class A Common Stock on March 4th and 5th, 2025, under a pre-arranged 10b5-1 trading plan.

Summary

• Bennett Rosenthal, a director and Co-Founder & Chairman of PEG at Ares Management Corp, reported the sale of Class A Common Stock on March 4th and 5th, 2025.
• The sales were executed under a 10b5-1 trading plan adopted on November 19, 2024.
• On March 4, 2025, Rosenthal sold shares in multiple transactions at weighted average prices ranging from $157.03 to $165.77.
• On March 5, 2025, further sales occurred at weighted average prices ranging from $158.47 to $163.00.
• Following these transactions, Rosenthal directly owns a reduced amount of Class A Common Stock and indirectly owns shares through BAR Holdings, LLC and Ares Owners Holdings L.P.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing stock sales by a company insider under a pre-arranged trading plan. It doesn't inherently convey positive or negative sentiment.

Future Outlook

The document does not contain any specific forward-looking statements or guidance.

Industry Context

Form 4 filings are a routine part of regulatory compliance for corporate insiders and provide transparency into their trading activities. The use of a 10b5-1 plan suggests the sales were pre-planned and not based on current market information.

Stakeholder Impact

• The stock sales by a director may have a minor impact on shareholder sentiment, but the existence of a 10b5-1 plan mitigates concerns about insider information being used for trading.

Key Dates