Form 4: Ares Management Entities Divest 2.25 Million Shares of Savers Value Village Stock

Ares Management LLC and its affiliated entities, a significant 10% owner and director of Savers Value Village, Inc., reported the sale of 2,250,000 shares of common stock for approximately $19.93 million.

Summary

• Ares Management LLC, along with several affiliated investment funds and management entities (collectively, the "Ares Entities"), filed a Form 4 reporting a significant transaction in Savers Value Village, Inc. (SVV) common stock.
• On June 11, 2025, the Ares Entities disposed of 2,250,000 shares of Savers Value Village common stock.
• The shares were sold at a price of $8.8569 per share, totaling approximately $19,928,025.
• Following this transaction, the Ares Entities beneficially own a total of 117,449,188 shares of Savers Value Village common stock indirectly.
• This remaining beneficial ownership includes shares held by Ares Corporate Opportunities Fund V, L.P. (66,010,098 shares), ASSF IV AIV B Holdings III, L.P. (8,693,796 shares), ASSF IV AIV B, L.P. (7,945,865 shares), and ASOF Holdings I, L.P. (32,609,674 shares).
• Additionally, 2,189,755 shares are held by an account managed by ASSF Operating Manager IV, L.P., for which the Ares Entities disclaim beneficial ownership for Section 16 purposes.
• The filing indicates that Ares Management LLC is a 10% owner and has a director relationship with Savers Value Village, Inc.

Sentiment

Score: 3

Explanation: The sentiment is moderately negative due to a significant insider sale by a major institutional investor. While it's a single transaction and Ares still holds a large stake, such a divestment can signal reduced confidence or a strategic shift, potentially impacting investor perception negatively.

Negatives

• A significant sale of 2.25 million shares by a major institutional investor and 10% owner, Ares Management, could be perceived negatively by the market, potentially signaling a reduction in confidence or a strategic portfolio adjustment.
• The sale represents a substantial divestment by a key insider, which might lead to downward pressure on the stock price.

Future Outlook

NA

Industry Context

NA

Related Party Transactions

• Ares Management LLC and its affiliated entities, which are 10% owners and have a director relationship with Savers Value Village, Inc., sold 2,250,000 shares of common stock to the market. This constitutes a related party transaction as it involves a significant insider.

Stakeholder Impact

• Shareholders: The sale by a major institutional investor could lead to negative sentiment and potential downward pressure on the stock price, impacting shareholder value.

Key Dates

Recommendation

Keywords

SEC Form 4, Savers Value Village, SVV, Ares Management, Insider Sale, Share Disposal, Beneficial Ownership, Institutional Investor, Equity Transaction