Arougheti Michael J's Form 4 filing
Ares Management Corp (ARES) · filed Dec 1, 2025
- Accession no.
- 0001304471-25-000014
- Filed
- Dec 1, 2025
- Trade date
- Nov 26-Dec 1, 2025
- Filing delay
- 5 days
- Rule 10b5-1 plan
- Checked
This filing lists 13 non-derivative transactions. Open-market sales total $45.3M. It was filed 5 days after the trade.
Reporting owners
A Form 4 can have several reporting owners, such as a person and a fund they control. Trade tables show the first one.
| Owner | Relationship to the company |
|---|---|
| Arougheti Michael JCIK 0001304471 | Director, Officer (Co-Founder and CEO) |
Non-derivative securities (Table I)
Acquisitions and disposals of common stock and similar shares, one row per line on the filing.
| Trade date | Security | Transaction | Shares | Price | Value | Shares after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Nov 26, 2025 | Class A Common Stock | SSaleDisposed | −1,499 | $152.83F2 | −$229,092.17 | 289,498 | Indirect | |
| Nov 26, 2025 | Class A Common Stock | SSaleDisposed | −19,332 | $153.87F3 | −$2,974,614.84 | 270,166 | Indirect | |
| Nov 26, 2025 | Class A Common Stock | SSaleDisposed | −114,469 | $154.60F4 | −$17,696,907.4 | 155,697 | Indirect | |
| Nov 26, 2025 | Class A Common Stock | SSaleDisposed | −767 | $155.16F5 | −$119,007.72 | 154,930 | Indirect | |
| Nov 28, 2025 | Class A Common Stock | SSaleDisposed | −13,495 | $154.95F6 | −$2,091,050.25 | 141,435 | Indirect | |
| Nov 28, 2025 | Class A Common Stock | SSaleDisposed | −31,726 | $155.81F7 | −$4,943,228.06 | 109,709 | Indirect | |
| Nov 28, 2025 | Class A Common Stock | SSaleDisposed | −53,452 | $156.66F8 | −$8,373,790.32 | 56,257 | Indirect | |
| Dec 1, 2025 | Class A Common Stock | SSaleDisposed | −1,878 | $153.50F9 | −$288,273 | 54,379 | Indirect | |
| Dec 1, 2025 | Class A Common Stock | SSaleDisposed | −2,737 | $154.35F10 | −$422,455.95 | 51,642 | Indirect | |
| Dec 1, 2025 | Class A Common Stock | SSaleDisposed | −5,400 | $155.62F11 | −$840,348 | 46,242 | Indirect | |
| Dec 1, 2025 | Class A Common Stock | SSaleDisposed | −31,266 | $157.61F12 | −$4,927,834.26 | 14,976 | Indirect | |
| Dec 1, 2025 | Class A Common Stock | SSaleDisposed | −14,067 | $158.08F13 | −$2,223,711.36 | 909 | Indirect | |
| Dec 1, 2025 | Class A Common Stock | SSaleDisposed | −909 | $158.95F14 | −$144,485.55 | 0 | Indirect |
Footnotes and remarks
Livermore keeps the footnotes that transaction prices refer to, all footnotes of amendments (Form 4/A) and the filing's remarks. Other footnotes, such as how indirect holdings are held or the details of a trading plan, are only in the original on SEC EDGAR.
- F2
The price reported in Column 4 is a weighted average price. These shares were sold on November 26, 2025 in multiple transactions at prices ranging from $152.12 to $153.10. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote and footnotes 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13 and 14.
Referenced by the price of 1 transaction in Table I.
- F3
The price reported in Column 4 is a weighted average price. These shares were sold on November 26, 2025 in multiple transactions at prices ranging from $153.12 to $154.11.
Referenced by the price of 1 transaction in Table I.
- F4
The price reported in Column 4 is a weighted average price. These shares were sold on November 26, 2025 in multiple transactions at prices ranging from $154.12 to $155.11.
Referenced by the price of 1 transaction in Table I.
- F5
The price reported in Column 4 is a weighted average price. These shares were sold on November 26, 2025 in multiple transactions at prices ranging from $155.12 to $155.21.
Referenced by the price of 1 transaction in Table I.
- F6
The price reported in Column 4 is a weighted average price. These shares were sold on November 28, 2025 in multiple transactions at prices ranging from $154.26 to $155.21.
Referenced by the price of 1 transaction in Table I.
- F7
The price reported in Column 4 is a weighted average price. These shares were sold on November 28, 2025 in multiple transactions at prices ranging from $155.26 to $156.25.
Referenced by the price of 1 transaction in Table I.
- F8
The price reported in Column 4 is a weighted average price. These shares were sold on November 28, 2025 in multiple transactions at prices ranging from $156.26 to $157.11.
Referenced by the price of 1 transaction in Table I.
- F9
The price reported in Column 4 is a weighted average price. These shares were sold on December 1, 2025 in multiple transactions at prices ranging from $152.83 to $153.81.
Referenced by the price of 1 transaction in Table I.
- F10
The price reported in Column 4 is a weighted average price. These shares were sold on December 1, 2025 in multiple transactions at prices ranging from $153.83 to $154.53.
Referenced by the price of 1 transaction in Table I.
- F11
The price reported in Column 4 is a weighted average price. These shares were sold on December 1, 2025 in multiple transactions at prices ranging from $155.01 to $155.75.
Referenced by the price of 1 transaction in Table I.
- F12
The price reported in Column 4 is a weighted average price. These shares were sold on December 1, 2025 in multiple transactions at prices ranging from $156.89 to $157.86.
Referenced by the price of 1 transaction in Table I.
- F13
The price reported in Column 4 is a weighted average price. These shares were sold on December 1, 2025 in multiple transactions at prices ranging from $157.90 to $158.89.
Referenced by the price of 1 transaction in Table I.
- F14
The price reported in Column 4 is a weighted average price. These shares were sold on December 1, 2025 in multiple transactions at prices ranging from $158.90 to $158.99.
Referenced by the price of 1 transaction in Table I.