deVeer R. Kipp 4

4 · Ares Management Corp · Filed Feb 3, 2026

AI-generated summary of this filing

Updated Feb 4, 2026

Ares (ARES) Co‑President deVeer Kipp Receives Award; Shares Withheld

What Happened

deVeer R. Kipp, Co‑President and Director of Ares Management Corporation, received a grant of 200,000 restricted units (each unit represents the right to one share) on 2026-01-31 (award recorded at $0.00).
To satisfy tax withholding related to vesting, 101,444 shares were withheld/disposed at $149.67 per share, totaling $15,183,123. This withholding is a tax-related disposition, not an open‑market sale.

Key Details

Transaction date: 2026-01-31; filing date: 2026-02-03 (covers the Jan 31 transactions). Filing appears timely.
Award: 200,000 restricted units granted (F1). Grant price: $0.00 per unit (award).
Tax withholding/disposition: 101,444 shares at $149.67 each = $15,183,123 (code F in filing).
Shares owned after transaction: not specified in the supplied summary of the filing.
Notable footnotes:
- F1: The 200,000 restricted units vest in three equal installments on June 30, 2027, 2028 and 2029.
- F3: The 101,444 shares were withheld by the issuer to satisfy minimum tax withholding obligations on vesting.
- Additional footnotes (F2, F4) reference other restricted unit grants (e.g., 1,350,000 and 1,150,000 units) under the company’s equity incentive plan — see the full filing for details.

Context

Restricted units are a form of compensation that convert to shares upon vesting; this grant vests over future dates (per F1).
The withheld shares were used solely to cover tax obligations (a common administrative action) and should not be interpreted as an active market sale expressing sentiment.
This filing documents an award and a tax-withholding disposition, not a purchase.

Form 4

Period: 2026-01-31

DirectorCo-President

Transactions

Award
Class A Common Stock
[F1][F2]
2026-01-31+200,000→ 1,350,000 total
Tax Payment
Class A Common Stock
[F3][F4]
2026-01-31$149.67/sh−101,444$15,183,123→ 1,248,556 total

Footnotes (4)

[F1]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 restrictions on such units are scheduled to lapse in three equal installments on June 30, 2027, 2028 and 2029.
[F2]Represents 1,350,000 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.
[F3]Consists of Class A Common Stock withheld by the Issuer in order to satisfy the minimum tax withholding obligations of the reporting person arising in connection with the vesting of restricted units representing the right to receive one share of Class A Common Stock 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.
[F4]Includes 1,150,000 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.

Signature

/s/ Anton Feingold, by power of attorney|2026-02-03

1 file