Jacobson Blair 4

What Happened

• Jacobson Blair, Co‑President of Ares Management Corporation (ARES), made a charitable gift of 8,000 shares of Class A Common Stock on June 3, 2026. The reported transaction price is $0.00, so there were no proceeds from the disposition.

Key Details

• Transaction date: June 3, 2026; Form 4 filed: June 4, 2026 (filed the next day).
• Transaction type: G (Gift).
• Shares transferred: 8,000; reported price per share: $0.00; total reported proceeds: $0.
• Shares owned after transaction: not specified in the provided excerpt. The filing includes Footnote F2 noting 621,860 restricted units that convert to one share each upon vesting.
• Relevant footnotes from the filing:
  • F1: Confirms the 8,000 shares were donated to a charity on June 3, 2026.
  • F2: Indicates the filing account includes 621,860 restricted units granted under an equity incentive plan; each unit converts to one share upon vesting.
• Timeliness: Filing appears timely (filed the calendar day after the gift).

Context

• Gifts are disposals for reporting purposes but do not necessarily indicate the insider’s view of the stock — they often reflect charitable giving or personal/tax planning. The filing also notes a substantial number of restricted units (F2) that will convert to shares as they vest, which is a separate, non‑immediate source of potential future ownership.