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sellModerate cluster of 310b5-1 plan

David B Kaplan sold $4.8M of ARES

Co-Founder at Ares Management Corp. 29,355 shares at an average of $165.06, traded May 27, 2025, filed May 29, 2025.

Warning score
45
Value
$4.8M
29,355 shares
Holdings after
33,145
-47% from before
From 52-week low
+39%
low $111.89, close $156.02
From 52-week high
-16%
high $186.43, as of May 27, 2025

Score components

  • Role
    Officer
    +15
  • Trade size
    $4.8M at market
    +25
  • Share of holdings sold
    Sold 47% of holdings
    +10
  • 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.

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 29, 2025: -25.0%SPY +34.1% · excess -59.1%

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 0001628280-25-028468, as filed. Open on EDGAR

DateTransactionSharesPriceValueHoldings afterFiled
May 27, 2025SOpen-market sale
Class A Common Stockindirect: By Trently Holdings, LLC10b5-1
-626$165.07$103k61,874May 29, 2025
May 28, 2025SOpen-market sale
Class A Common Stockindirect: By Trently Holdings, LLC10b5-1
-5,205$165.06$859k56,669May 29, 2025
May 29, 2025SOpen-market sale
Class A Common Stockindirect: By Trently Holdings, LLC10b5-1
-23,524$165.06$3.9M33,145May 29, 2025

Related signals

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

ScoreCompanyInsiderValueHoldingsFiled
53Moderate
ARESsell 210b5-1
Ares Management Corp
Bennett Rosenthal
Co-Founder & Chairman of PEG
$14M
85,000 shares
-100%
55Moderate
ARESsell 310b5-1
Ares Management Corp
David B Kaplan
Co-Founder
$5.5M
33,145 shares
-100%
65Notable
ARESsell 310b5-1
Ares Management Corp
Michael J Arougheti
Co-Founder and CEO
$42M
257,500 shares
-100%
65Notable
ARESsell 310b5-1
Ares Management Corp
Michael J Arougheti
Co-Founder and CEO
$56M
332,500 shares
-56%
55Moderate
ARESsell 310b5-1
Ares Management Corp
David B Kaplan
Co-Founder
$11M
62,500 shares
-50%
50Moderate
ARESsell 310b5-1
Ares Management Corp
Bennett Rosenthal
Co-Founder & Chairman of PEG
$6.8M
40,000 shares
-32%
30Weak
ARESsell10b5-1
Ares Management Corp
Michael J Arougheti
Co-Founder and CEO
$17M
110,845 shares
-7%
50Moderate
ARESbuy
Ares Management Corp
Ashish Bhutani
director
$1.4M
10,000 shares
+77%
48Moderate
ARESsell 210b5-1
Ares Management Corp
David B Kaplan
Co-Founder
$16M
100,000 shares
-100%
53Moderate
ARESsell 210b5-1
Ares Management Corp
Bennett Rosenthal
Co-Founder & Chairman of PEG
$16M
100,000 shares
-100%

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 $4.8M of ARES | InsiderTell