Michael J. Arougheti, Co-Founder, CEO and President at Ares Management Corp (ARES), sold 299,770 shares at $97.82 ($29.5M) on 2023-08-15, disclosed to the SEC on 2023-08-17.
Open-market sale of $29.5M ARES by Co-Founder, CEO and President. Not flagged as scheduled, tax-driven, or recurring — but no specific bearish signal from our filters. Reasons for insider sales vary widely.
Nothing distinguishes this filing.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $97.82 | 93,999 | $9.2M | 31.2% |
| 2 | $97.82 | 93,999 | $9.2M | 31.2% |
| 3 | $98.85 | 33,854 | $3.3M | 11.3% |
| 4 | $98.85 | 33,854 | $3.3M | 11.3% |
| 5 | $99.96 | 21,917 | $2.2M | 7.4% |
| 6 | $99.96 | 21,917 |
| $2.2M |
| 7.4% |
| 7 | $100.56 | 230 | $23K | 0.1% |
| Total | $98.37 avg | 299,770 | $29.5M | 100% |
| Filing → |
| ARES | SELL | 2025-08-26 | $15.9M | — | Filing → |
| ARES | SELL | 2025-08-22 | $92.0M | — | Filing → |
| ARES | SELL | 2025-08-19 | $92.0M | — | Filing → |