Form 4: Ares Management Director Judy D. Olian Sells Shares
SEC Form 4 Filing
Director Judy D. Olian sold 3,417 shares of Ares Management Corp Class A Common Stock at a price of $133.9961 on June 7, 2024.
Summary
- On June 7, 2024, Judy D. Olian, a director of Ares Management Corp, sold 3,417 shares of Class A Common Stock.
- The sale price was $133.9961 per share.
- Following the transaction, Olian directly owns 27,312 shares of Class A Common Stock, which includes 2,383 restricted units that will vest over time.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing reporting a transaction by a company director. It doesn't inherently convey positive or negative sentiment.
Industry Context
This filing is a routine disclosure of a transaction by a company insider, which is common in the financial industry. It provides transparency to investors regarding the trading activities of company executives and directors.
Stakeholder Impact
- The sale of shares by a director may have a minor impact on shareholder sentiment, but is unlikely to have a significant impact.
Key Dates
| Date | Description |
|---|---|
| 06/07/2024 | Date of transaction: Sale of 3,417 shares of Class A Common Stock. |
| 06/10/2024 | Date of signature on the SEC Form 4. |
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