Massivemarkets

SEC Form 4

Ares Management Corporation (ARES) insider trading

In the 12 months to Oct 24, 2026, 2 ARES insiders reported open-market sales of $91.5M across 4 filings; 2 insiders bought $1.3M.

Latest filing · Last 12 months · Source: SEC EDGAR · How we count

Open-market sales
$91.5M
4 filings · 2 insiders
Open-market purchases
$1.3M
2 filings
Pre-arranged sales (10b5-1)
4 of 4
All $91.5M sold was pre-arranged

Who traded ARES, and when

  • Purchase
  • Sale
  • Sale, pre-arranged (10b5-1)

ARES daily close from Oct 24, 2025 to Oct 23, 2026, between $96.50 and $178.28, last $122.08. 4 sale and 2 purchase filings by 4 insiders, marked at their filing dates. Michael J. Arougheti, Co-Founder and CEO: sold $90.7M across 2 filings, first filed Nov 25, 2025, last Dec 1, 2025. Ashish Bhutani, Director: bought $1.3M across 1 filing, first filed Feb 10, 2026, last Feb 10, 2026. Aghili Naseem Sagati, General Counsel: sold $828.3K across 2 filings, first filed Jan 26, 2026, last Feb 6, 2026. Judy D. Olian, Director: bought $59.7K across 1 filing, first filed Feb 24, 2026, last Feb 24, 2026.

Largest mark · tap a row for others

Michael J. Arougheti · Co-Founder and CEO

Filing 1 of 2 within a week · $90,655,129 total

Sale $45,380,330

299,003 shares at $151.77 avg

Filed Nov 25, 2025 · traded Nov 24

Pre-arranged (10b5-1) · close on filing date $152.87

ARES daily closelast $122.08

Michael J. Arougheti · Co-Founder and CEO

$90.7M sold

Ashish Bhutani · Director

$1.3M bought

Aghili Naseem Sagati · General Counsel

$828.3K sold

Judy D. Olian · Director

$59.7K bought
One row per insider; marks sit at the SEC filing date, sized by dollar value.

Has the Ares Management Corporation's CEO sold stock?

Yes. Michael J. Arougheti (CEO) sold 590,000 shares ($90.7M) between Nov 2025 and Dec 2025, all under a pre-arranged 10b5-1 plan.

Open-market trades

6 filings in the last 12 months
InsiderRoleSoldBoughtFilingsPre-arranged (10b5-1)Last filed
Michael J. AroughetiCo-Founder and CEO$90.7M—2100% of sales
Ashish BhutaniDirector—$1.3M1—
Aghili Naseem SagatiGeneral Counsel$828.3K—2100% of sales
Judy D. OlianDirector—$59.7K1—
Other insider activity (not market trades) · 30 records
  • Tax withholding11 records
  • Grants and awards13 records
  • Gifts5 records
  • Other1 record

Reported on Form 4 but not purchases or sales in the market, so not counted in the totals above.

Build this yourself

This page joins two Massive endpoints: Form 4 filings and daily prices. Ask an agent to watch for new filings:

Agent prompt

Using the Massive API (massive.com/docs/llms.txt), check Form 4 filings for ARES every day with transaction_code=P and tell me when an insider files an open-market purchase, with their role, shares, price and the filing link.

How to read this page

Open-market purchase or sale
A buy or sell of the company's stock at market price. Grants, option exercises, shares withheld for tax, gifts and employee stock plan purchases are listed separately and not counted.
Pre-arranged (10b5-1)
The insider marked the filing as made under a trading plan set up in advance (SEC Rule 10b5-1). The mark covers the whole filing, and an unmarked filing may still be under a plan.
Filing date
Insiders have two business days to report a trade. Totals and the chart use the filing date, when the trade became public.