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sellModerate cluster of 310b5-1 plan

David B Kaplan sold $11M of ARES

Co-Founder at Ares Management Corp. 62,500 shares at an average of $169.36, traded May 15, 2025, filed May 19, 2025.

Warning score
55
Value
$11M
62,500 shares
Holdings after
62,500
-50% from before
From 52-week low
+43%
low $111.89, close $159.91
From 52-week high
-14%
high $186.43, as of May 15, 2025

Score components

  • Role
    Officer
    +15
  • Trade size
    $10.6M at market
    +25
  • Share of holdings sold
    Sold 50% of holdings
    +20
  • Cluster
    3 insiders selling within 14 days
    +15
  • 10b5-1 plan
    Pre-scheduled under a 10b5-1 plan
    -20

What happened after comparable sells

Same side and tier, against the S&P 500, at 1, 3 and 6 months. Shown to Pro users; the whole table is on the backtest page.

This signal so far: 1m -0.1%, 3m +13.0%, 6m -14.7%.

Price around the trade, and since

From a quarter before the trade to today. The arrow is the trade, the circle the day the filing reached EDGAR, which is the first day anyone outside could act; the dotted line is the S&P 500 rebased to that day's close.

ARESOct 9, 2026 · close 117.22
Since filing May 19, 2025: -26.7%SPY +33.0% · excess -59.6%

Daily candles, adjusted for splits and dividends. Green arrows are insider buys, red are sells, sized by value; the dashed line is the close on the filing day, the dotted line SPY rebased to it.Charts by TradingView Lightweight Charts™

Rows in this filing

Every transaction in Form 4 0001628280-25-026677, as filed. Open on EDGAR

DateTransactionSharesPriceValueHoldings afterFiled
May 15, 2025SOpen-market sale
Class A Common Stockindirect: By Trently Holdings, LLC10b5-1
-33,142$168.63$5.6M91,858May 19, 2025
May 15, 2025SOpen-market sale
Class A Common Stockindirect: By Trently Holdings, LLC10b5-1
-13,729$169.72$2.3M78,129May 19, 2025
May 15, 2025SOpen-market sale
Class A Common Stockindirect: By Trently Holdings, LLC10b5-1
-13,980$170.40$2.4M64,149May 19, 2025
May 15, 2025SOpen-market sale
Class A Common Stockindirect: By Trently Holdings, LLC10b5-1
-1,100$171.59$189k63,049May 19, 2025
May 15, 2025SOpen-market sale
Class A Common Stockindirect: By Trently Holdings, LLC10b5-1
-549$173.16$95k62,500May 19, 2025

Related signals

Other insiders at Ares Management Corp and this insider’s other filings.

ScoreCompanyInsiderValueHoldingsFiled
48Moderate
ARESbuy 2
Ares Management Corp
Judy D. Olian
director
$60k
480 shares
+2%
62Notable
ARESbuy 2
Ares Management Corp
Ashish Bhutani
director
$1.3M
10,000 shares
+42%
13Weak
ARESsell10b5-1
Ares Management Corp
Aghili Naseem Sagati
General Counsel
$529k
3,921 shares
-1%
9Weak
ARESsell10b5-1
Ares Management Corp
Aghili Naseem Sagati
General Counsel
$299k
1,849 shares
-1%
50Moderate
ARESsell10b5-1
Ares Management Corp
Michael J Arougheti
Co-Founder and CEO
$45M
290,997 shares
-100%
50Moderate
ARESsell10b5-1
Ares Management Corp
Michael J Arougheti
Co-Founder and CEO
$45M
299,003 shares
-51%
20Weak
ARESsell10b5-1
Ares Management Corp
Aghili Naseem Sagati
General Counsel
$3.3M
21,000 shares
-8%
53Moderate
ARESsell 210b5-1
Ares Management Corp
Antony P Ressler
Co-Founder & Exec. Chairman
$23M
128,837 shares
-100%
28Weak
ARESsell 210b5-1
Ares Management Corp
Aghili Naseem Sagati
General Counsel
$3.7M
21,000 shares
-7%
60Notable
ARESsell 310b5-1
Ares Management Corp
Antony P Ressler
Co-Founder & Exec. Chairman
$48M
271,741 shares
-68%

Not investment advice. Scores and forward returns are decision support built from public SEC filings and past prices; they describe what happened after comparable filings, not what will happen after this one. Do your own research and size your risk.

David B Kaplan sold $11M of ARES | InsiderTell