RESSLER ANTONY P

Ares Management co-founder Ressler sells entire 128,837-share stake for $22,971,969.83 in 4 transactions

ANTONY P RESSLER, Co-Founder & Executive Chairman, executed 4 separate sales totaling 128,837 shares for $22,971,969.83 at prices ranging from $176.15 to $179.44, with a blended average of $178.30. This sale represents a complete exit of his position (net change: -100.0% vs pre-transaction holdings of 128,837 shares), eliminating his equity stake in the firm he co-founded. The transaction occurred on 2025-09-10 while the stock trades at $182.79 (current price), 9.5% above his blended sale price and 7.8% below the 52-week high of $198.22. Ressler's cross-ticker trade record shows 20 prior open-market sells, and he has executed 5 prior trades at ARES in recent days (2025-09-08 and 2025-09-09), also all sales. The complete liquidation of a co-founder's entire holdings represents a material shift in insider ownership and warrants investor attention to any accompanying context about his future role or strategic changes at the company.

Ares Management Co-Founder Ressler sells 271,741 shares for $47.7M (67.8% of holdings) on 2025-09-08/09

Antony P. Ressler executed 5 separate sales totaling 271,741 shares for $47,742,182.06 over 2025-09-08 to 2025-09-09, reducing his holdings from 400,578 shares to 128,837 shares—a reduction of 67.8% of his pre-transaction position. The blended average price was $175.69, executed near the 52-week high of $198.22 but 11.7% below that peak. Ressler's prior trades at ARES (5 sell transactions on 2025-09-05) occurred three days before this filing, suggesting sustained liquidation activity across a compressed timeframe. His cross-ticker track record shows 20 prior sells, though timing outcomes from those are not detailed here. The substantial size of this multi-day liquidation by a Co-Founder and Executive Chairman merits investor attention given the scale relative to his remaining position and the proximity to prior dispositions.

Co-founder Ressler sells 464.9K ARES shares for $82.6M across 3 days, reducing stake 53.7%

RESSLER ANTONY P, Co-Founder & Exec. Chairman of Ares Management, executed 15 separate sales totaling 464,939 shares for $82,605,016.83 across 2025-09-03 through 2025-09-05, with a blended average price of $177.67. This reduction decreased his holdings from 865,517 shares to 400,578 shares, a net change of -53.7% versus pre-transaction holdings. The multi-day execution across varying prices ($175.55–$181.20) and the substantial dollar volume ($82.6M) represent a material disposal of his founder stake at a time when the stock trades 10.6% below its 52-week high and down 6.3% over the prior 30 days, despite a +2.0% gain over 90 days. The timing and scale of this divestiture warrant investor attention as a significant structural change in founder exposure to the company."

Co-Founder Ressler sells 278,961 shares of ARES for $49.9M across 10 transactions (Aug 29–Sep 2)

Antony P. Ressler, Co-Founder & Executive Chairman of Ares Management, executed 10 separate sales totaling 278,961 shares for $49,896,004.61 across two trading days (August 29 and September 2, 2025), at a blended average price of $178.86. This sale reduces his holdings from 1,144,478 shares to 865,517 shares, a decrease of -24.4% of his pre-transaction position. The transaction occurred when the stock was trading near recent highs (current price $179.78 is -9.3% from the 52-week peak of $198.22), suggesting sales in a relatively strong price environment. The multi-day, multi-tranche execution pattern and the significant reduction in his ownership stake warrant monitoring, as large share dispositions by co-founders can reflect evolving capital allocation priorities or portfolio management decisions. Investors should track whether this represents a one-time liquidity event or part of a broader pattern.

Ares Co-Founder Ressler sells 280,060 shares for $50.5M over 2 days; exits 19.7% of holdings

Antony P. Ressler, Co-Founder & Executive Chairman of Ares Management Corp, executed 6 separate sales totaling 280,060 shares (280.1K shares) for $50,528,375.54 ($50.5M) on 2025-08-27 and 2025-08-28 at blended average price of $180.42. This represents a 19.7% reduction in his holdings, from 1,424,538 shares to 1,144,478 shares post-transaction. The sales occurred near the stock's 52-week high of $198.22 (current price $180.27 is 9.1% below that peak), and the filing shows 5 prior ARES sales executed on 2025-08-25 and 2025-08-26 immediately preceding this Form 4. Ressler's cross-ticker track record shows 20 prior sells across all holdings; outcomes on those prior trades are not yet measurable for timing assessment relative to the timing patterns on ARES specifically.

Ares Management Co-Founder Ressler sells 308,719 shares for $55.1M across 8 transactions on 2025-08-25/26

Antony P. Ressler executed 8 separate sales totaling 308,719 shares for $55,114,999.45 at a blended average price of $178.53, reducing his holdings from 1.73M to 1.42M shares (-17.8%). The sales occurred across two trading days at prices ranging from $177.62 to $181.26, within 9.7% of the 52-week high of $198.22. This represents a substantial single-transaction liquidation by a Co-Founder and Executive Chairman, though his remaining stake of 1.42M shares remains material. Cross-ticker, his prior 20 sales averaged a 90-day return of +12.2% with 0% well-timed rate, indicating his historical sell timing has missed subsequent gains; at ARES specifically, 5 prior trades from 2025-08-22 remain unmeasurable. The transaction's scale and proximity in time to prior recent sales merit observation.

Ares Co-Founder Ressler sells 266,743 shares for $47.9M across 3 days; retains 1.73M shares

Antony P Ressler, Co-Founder & Executive Chairman of Ares Management, executed 12 separate sales totaling 266,743 shares for $47,915,943.48 across August 20–22, 2025, at prices ranging from $176.76 to $183.67 per share. This represents a 13.3% reduction of his pre-transaction holdings from 2,000,000 shares to 1,733,257 shares, occurring when the stock trades at $181.07—near its 52-week high of $198.22 but notably -8.6% below that peak. His prior five sales at Ares (April 2024) all showed positive 90-day returns, with his cross-ticker track record averaging +8.2% over 90 days post-sale; notably, his cross-ticker timing pattern shows a 0.00% well-timed rate, meaning none of his prior 20 cross-ticker sells have preceded stock declines. The company posts strong fundamentals with $1.0B quarterly revenue, +14.0% annual growth, and a P/E of 38.94, consistent with Ressler's substantial retained stake. This sale occurs against a backdrop of sustained 90-day momentum (+13.0%) and does not align with the insider's historical pattern of successfully timing market peaks.