Ares (ARES) Director Eileen Naughton Receives 1,728-Unit Award

What Happened
Eileen Naughton, a director of Ares Management Corporation, was granted 1,728 restricted stock units (RSUs) on July 30, 2026. The grant price is reported as $0.00, so no cash was exchanged at grant. Each restricted unit represents the right to receive one share of Class A Common Stock upon vesting; the award is a compensation grant rather than an open-market purchase or sale.

Key Details

• Transaction date: 2026-07-30; Transaction type/code: Award/Acquisition (A).
• Shares/units granted: 1,728 RSUs; reported acquisition price: $0.00 (total cash outlay $0).
• Shares owned after transaction: Not specified in this Form 4 filing.
• Filing date: Form 4 filed 2026-08-03 — appears to be within the required reporting window (no late filing indicated).
• Relevant footnotes from the filing:
  • F1: Units granted under Ares’ equity incentive plan; each RSU equals one share on vesting; restrictions scheduled to lapse on the first anniversary of the grant.
  • F2: Confirms 1,728 RSUs were granted and states the restricted units vest in installments per the award agreement.

Context
Restricted stock units are a form of equity compensation that convert to actual shares only when vesting conditions are met; they do not represent immediate transferable shares. Grants to directors are common as part of compensation and do not, by themselves, indicate buying/selling sentiment. The filing does not indicate any immediate sale or exercise related to these units.