BHUTANI ASHISH 4
4 · Ares Management Corp · Filed Feb 10, 2026
Research Summary
AI-generated summary of this filing
Ares (ARES) Director Ashish Bhutani Buys 10,000 Shares
What Happened
Ashish Bhutani, a director of Ares Management Corporation (ARES), purchased 10,000 shares on February 6, 2026 in an open-market/private purchase (code P) for a reported weighted-average price of $126.61, representing a total of approximately $1,266,100. This was a direct purchase of common stock (a purchase is often viewed as a more bullish signal than a sale).
Key Details
- Transaction date: February 6, 2026. Transaction code: P (Purchase).
- Price: weighted-average $126.61 per share; purchases occurred in multiple trades at prices ranging $126.11–$127.07 (footnote F1).
- Total value: ~$1,266,100.
- Shares owned after the transaction: not specified in the filing.
- Notable footnotes:
- F1: Price is a weighted average; reporting person can provide per-trade breakdown on request.
- F2: Filing notes inclusion of 1,166 restricted units granted under Ares’ equity incentive plan (each converts to one share upon vesting; vesting in installments).
- Filing timeliness: Report filed on Feb 10, 2026; this is within the SEC’s two-business-day Form 4 filing window for a Feb 6 transaction (timely).
Context
This was a straightforward open-market purchase of stock (no option exercise, gift, or immediate resale noted). The filing is factual and does not state the insider’s motive; purchases by insiders can attract attention from investors as a sign of confidence, but they do not guarantee future stock performance.
Insider Transaction Report
- Purchase
Class A Common Stock
[F1][F2]2026-02-06$126.61/sh+10,000$1,266,100→ 34,071 total
Footnotes (2)
- [F1]The price reported in Column 4 is a weighted average price. These shares were purchased on February 6, 2026 in multiple transactions at prices ranging from $126.11 to $127.07. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote.
- [F2]Includes 1,166 restricted units granted under an equity incentive plan of Ares Management Corporation. Each restricted unit represents the right to receive one share of Class A Common Stock upon vesting. The restricted units vest in installments in accordance with the applicable restricted unit award agreement.