Ares (ARES) Director Antoinette Cook Bush Receives 1,728 Restricted Units

What Happened Antoinette Cook Bush, a director of Ares Management Corporation (ARES), was granted 1,728 restricted units on July 30, 2026. The units were awarded at $0.00 per unit (total $0 at grant) and each restricted unit represents the right to receive one share of Class A common stock upon vesting. This is a compensation award (grant), not an open-market purchase or sale.

Key Details

• Transaction type: Grant / award (code A)
• Transaction date: July 30, 2026; Form 4 filed August 3, 2026 (filed within required two business days)
• Quantity and price: 1,728 restricted units granted at $0.00 (acquired)
• Shares owned after transaction: Not specified in the provided filing excerpt
• Footnotes:
  • F1: Units granted under Ares' equity incentive plan; each unit converts to one Class A share upon vesting; restrictions scheduled to lapse on the first anniversary of the grant date.
  • F2: Confirms the 1,728 restricted units and notes vesting occurs in installments per the award agreement.

Context Restricted unit grants are a form of equity compensation meant to align directors with shareholders; they vest over time and do not indicate an immediate buy or sell decision. Because these units only convert to shares upon vesting, they are not an immediate liquidity event and are commonly issued as part of standard director compensation.