Michael J. Arougheti Sells Ares Management Corp Class A Common Stock
2026-07-02SEC Filing 4 (0001304471-26-000006)
This filing details a transaction by Michael J. Arougheti, Co-Founder and CEO of Ares Management Corp, on June 30, 2026. Mr. Arougheti disposed of 82,957 shares of Class A Common Stock at a price of $111.31 per share. This disposition was made to satisfy the minimum tax withholding obligations arising from the vesting of restricted units under an equity incentive plan. Following this transaction, Mr. Arougheti directly owns 1,364,548 shares of Class A Common Stock. The filing also notes that 1,137,500 restricted units, which represent the right to receive one share of Class A Common Stock upon vesting, are included in the post-transaction share count.