Ares Co-Founder Gifts 40,000 Shares to Charity
Ares Management Corp
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Filing Summary
Ares Co-Founder Gifts 40,000 Shares to Charity
Company: Ares Management Corp (ARES) Form: 4 | Filed: 2025-12-18 Significance: Low
Insider: KAPLAN DAVID B Title: Co-Founder | Relationship: Director, Officer
Transaction: • Type: Gift (Disposition) • Shares: 40,000 • Price: $0.00 • Value: $0 • Owned After: 985,052
Key Insight: This is a non-market transaction where a co-founder gifted shares to a charitable foundation. Such philanthropic activities typically have no direct market impact.
This is PUBLIC SEC data for educational purposes. Not investment advice.
Comprehensive Analysis
SEC Filing Analysis: Ares Management Corp (ARES)
Executive Summary
- Trading Significance: Low
- Key Takeaway: Co-Founder David B. Kaplan made a philanthropic gift of 40,000 shares, a non-market transaction with negligible impact on the stock.
- Market Impact: Neutral. This transaction is not indicative of the insider's market sentiment.
Company Information
| Field | Value |
|---|---|
| Company | Ares Management Corp |
| Ticker Symbol | ARES |
| CIK | 0001176948 |
| Industry | Investment Advice |
Insider Information
| Field | Value |
|---|---|
| Name | KAPLAN DAVID B |
| CIK | 0001025976 |
| Title/Position | Co-Founder |
| Relationship | Director, Officer |
Transaction Details
| Field | Value |
|---|---|
| Form Type | 4 |
| Transaction Date | 2025-12-16 |
| Transaction Code | G (Gift) |
| Security Type | Class A Common Stock |
| Shares Involved | 40,000 |
| Price Per Share | $0.00 |
| Total Value | $0 |
| Shares Owned After | 985,052 |
| Ownership Type | Indirect |
Financial Impact Assessment
Transaction Materiality
| Metric | Value |
|---|---|
| Transaction Value | $0 |
| % of Market Cap | 0.00% |
| Shares Transacted | 40,000 |
| % of Shares Outstanding | 0.019% |
| Post-Transaction Ownership | 985,052 shares (0.46% of outstanding) |
| Materiality Assessment | Low |
Impact Evaluation
- Market Cap Context: Ares Management Corp has a market capitalization of $32.26 billion. The transaction value is $0, and the shares involved represent a negligible fraction (0.019%) of the total shares outstanding.
- Transaction Significance: The transaction is a gift to a charitable foundation, as noted in the filing's footnotes. This is a disposition for philanthropic purposes, not a market sale, and carries no investment signal.
Market Impact Analysis
Stock Impact Prediction
- Direction: Neutral
- Reasoning: Gifts are personal financial planning decisions and do not reflect an insider's outlook on the company's future performance. The market does not typically react to such filings.
Volume & Sentiment
- Expected Volume Impact: None. This was not an open market transaction.
- Sentiment Indicator: Neutral. The filing is informational and does not imply a bullish or bearish stance.
Additional Context
Transaction Notes
- Special Circumstances: The filing footnote explicitly states the shares were gifted to a charitable foundation where the reporting person is a trustee. The shares are held indirectly through Ares Owners Holdings L.P.
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Important Disclaimer
This content is drawn from public SEC filings and may contain errors. It is for informational purposes only and is not investment, legal, or tax advice.
Nothing here is a recommendation to buy, sell, or hold any security. Do your own due diligence.