Form 4: Ares Management GC Receives Equity Grant, Covers Taxes

Ares Management Corporation's General Counsel, Naseem Sagati Aghili, reported the acquisition of 2,712 restricted stock units and the disposition of 1,089 shares for tax withholding purposes.

Summary

• Naseem Sagati Aghili, General Counsel of Ares Management Corp, acquired 2,712 Class A Common Stock restricted units on January 20, 2026.
• These restricted units were granted under an equity incentive plan and will vest in three equal installments on January 20, 2027, 2028, and 2029.
• On the same date, 1,089 shares of Class A Common Stock were disposed of to satisfy minimum tax withholding obligations related to the vesting of other restricted units.
• The shares disposed for tax were valued at $163.16 per share.
• Following these transactions, Ms. Aghili beneficially owns 256,520 shares of Class A Common Stock, which includes 154,872 restricted units.

Sentiment

Score: 6

Explanation: The filing reflects routine executive compensation, including a new equity grant which is generally positive for aligning management interests, balanced by a standard tax-related share disposition.

Positives

• The General Counsel received a new grant of 2,712 restricted stock units, aligning her interests with shareholders.
• Equity grants are a standard component of executive compensation, indicating continued commitment to key management.

Negatives

• 1,089 shares were disposed of to cover tax obligations, representing a reduction in direct shareholding.

Future Outlook

The newly granted restricted units are scheduled to vest in three equal installments on January 20, 2027, 2028, and 2029, indicating future share accumulation for the General Counsel.

Industry Context

The grant of restricted stock units and subsequent tax-related disposition are standard practices in executive compensation across the financial services industry, aiming to align management incentives with long-term shareholder value.

Stakeholder Impact

• Shareholders: The equity grant aligns the General Counsel's interests with long-term shareholder value, though it represents a minor dilutive effect from new share issuance upon vesting.
• Employees: Reflects the company's ongoing use of equity incentive plans for key personnel.

Next Steps

• First installment of 2,712 restricted units vests on January 20, 2027.
• Second installment of 2,712 restricted units vests on January 20, 2028.
• Third and final installment of 2,712 restricted units vests on January 20, 2029.

Key Dates

Keywords

Ares Management Corp, ARES, SEC Form 4, Insider Trading, Equity Grant, Restricted Stock Units, Executive Compensation, Naseem Sagati Aghili, General Counsel, Stock Vesting, Tax Withholding