Ares (ARES) Co‑President Blair Jacobson Gifts 8,000 Shares

What Happened
Blair Jacobson, Co‑President of Ares Management Corporation (ARES), made a charitable gift of 8,000 shares of Class A Common Stock on August 20, 2026. The transaction is recorded as a gift (transaction code G) and the reported disposition value for the transfer is $0.

Key Details

• Transaction date: August 20, 2026; Form 4 filed August 21, 2026 (timely—within the required reporting window).
• Shares transferred: 8,000 Class A shares; reported price/value: $0 (gift).
• Filing treatment: Disposition via gift (code G).
• Ownership notes: Footnote F2 states the reporting person’s holdings include 621,860 restricted units that convert to one share each upon vesting and vest in installments per the award agreement. The filing excerpt does not specify total shares owned following this gift beyond the noted restricted units.
• Footnote F1 clarifies the shares were donated to a charity.

Context
Gifts to charity are disposals and do not necessarily indicate the insider’s view on the company’s stock price. Restricted units referenced in the filing are awards that will become shares as they vest; they are not immediate open‑market purchases or sales.