deVeer R. Kipp 4

4 · Ares Management Corp · Filed Jul 2, 2026

AI-generated summary of this filing

Updated Jul 2, 2026

Ares (ARES) Co‑President deVeer Kipp Withholds 82,957 Shares for Taxes

What Happened

deVeer R. Kipp, Co‑President and Director of Ares Management Corporation (ARES), had 82,957 shares of Class A common stock withheld on 2026-06-30 to satisfy tax withholding obligations tied to the vesting of restricted units. The withheld shares were recorded as a disposition at $111.31 per share, totaling $9,233,944. This is a routine tax-withholding transaction rather than an open-market sale.

Key Details

Transaction date and price: 2026-06-30; 82,957 shares withheld at $111.31/share (total $9,233,944).
Transaction type/code: Tax withholding on vested restricted units (footnote code F).
Shares owned after transaction: Not specified in the filing.
Notable footnotes:
- F1: Shares were withheld by the issuer to satisfy minimum tax withholding on vesting of restricted units; each restricted unit equals one share.
- F2: The filer holds 987,500 restricted units granted under Ares' equity incentive plan; the units vest in installments per the award agreement.
Filing timeliness: Reported on 2026-07-02 for a 2026-06-30 transaction; appears to be filed within the standard Form 4 reporting window.

Context

This was a cashless tax-withholding event tied to the vesting of restricted units (each unit converts to one share on vesting). Such withholdings are common and typically reflect tax obligations rather than a directional bet on the company's stock.

Form 4

Period: 2026-06-30

DirectorCo-President

Transactions

Tax Payment
Class A Common Stock
[F1][F2]
2026-06-30$111.31/sh−82,957$9,233,944→ 1,165,599 total

Footnotes (2)

[F1]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 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.
[F2]Includes 987,500 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|2026-07-02

1 file