Jacobson Blair 4

4 · Ares Management Corp · Filed Feb 3, 2026

AI-generated summary of this filing

Updated Feb 4, 2026

Ares (ARES) Co‑President Jacobson Blair Receives 300k Units; 47k Shares Withheld

What Happened

Jacobson Blair, Co‑President of Ares Management Corporation (ARES), was granted 300,000 restricted units on January 31, 2026 (an award, not an open‑market purchase). Each restricted unit represents the right to receive one share of Class A common stock upon vesting.
On the same date, 47,000 shares were withheld by the issuer to satisfy minimum tax withholding obligations related to restricted‑unit vesting. The withholding is recorded at $149.67 per share, totaling $7,034,490. This withholding is a disposition for tax purposes (code F), not an open‑market sale.

Key Details

Transaction date: 2026-01-31. Form filed: 2026-02-03.
Grant: 300,000 restricted units (code A); reported acquisition value $0 (units vest later).
Withholding: 47,000 shares withheld (code F) at $149.67 each = $7,034,490 total.
Vesting schedule (footnote): The 300,000 restricted units are scheduled to lapse in four equal installments on Jan 31 of 2028, 2029, 2030 and 2031.
Footnotes note that each restricted unit equals the right to one share on vesting and reference other outstanding restricted‑unit balances in the filing—see the Form 4 for full holdings.
Shares owned after the transactions are not specified in the excerpt provided; consult the full Form 4 for total beneficial ownership.
Filing timing: filed three days after the transaction date. Form 4s are generally due within two business days — check the filing for any timeliness code (L) and related disclosures.

Context

Restricted units (RSUs/RUs) are awards that convert to shares only upon vesting; receiving an award is not the same as buying stock and does not necessarily imply immediate voting/transferable shares.
The 47,000‑share withholding is a common cashless tax withholding mechanism (issuer retains shares to cover taxes) and should not be interpreted as an open‑market sale expressing a view on the stock.
For a complete picture of Blair’s holdings and any other insider activity, review the full Form 4 filing (Accession No. 0001756898-26-000004).

Form 4

Period: 2026-01-31

Co-President

Transactions

Award
Class A Common Stock
[F1][F2]
2026-01-31+300,000→ 1,158,221 total
Tax Payment
Class A Common Stock
[F3][F4]
2026-01-31$149.67/sh−47,000$7,034,490→ 1,111,221 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 four equal installments on January 31, 2028, 2029, 2030 and 2031.
[F2]Includes 721,860 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 621,860 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