Ares Management Corp (ARES) · Insider Trading (Form 4) SEC Filing

=== SEC Form 4 — Statement of Changes in Beneficial Ownership === Document Type: 4 Period of Report: 2026-01-31 10b5-1 Pre-arranged Plan: No --- Issuer --- Name: Ares Management Corp (ARES) CIK: 0001176948 --- Reporting Owner --- Name: Sagati Aghili Naseem CIK: 0001779014 Role: Officer (General Counsel) --- Non-Derivative Transactions --- [Transaction #1] Security: Class A Common Stock Date: 2026-01-31 | Code: A (Grant or award) Shares: +100,000 | Price: $0.00 Shares Owned After: 354,671 | Ownership: D (Direct) Footnotes: [F1] Granted under an equity incentive plan of Ares Management Corporation. Each restricted unit represents the right to receive one share of Class A Common Stock upon vesting. The restrictions on such units are scheduled to lapse in four equal installments on January 31, 2028, 2029, 2030 and 2031. [F2] Includes 254,872 restricted units granted under an equity incentive plan of Ares Management Corporation. Each restricted unit represents the right to receive one share of Class A Common Stock upon vesting. The restricted units vest in installments in accordance with the applicable restricted unit award agreement. [Transaction #2] Security: Class A Common Stock Date: 2026-01-31 | Code: F (Payment of exercise/tax) Shares: -23,861 | Price: $149.67 Total Value: $3,571,275.87 Shares Owned After: 330,810 | Ownership: D (Direct) Footnotes: [F3] Consists of Class A Common Stock withheld by the Issuer in order to satisfy the minimum tax withholding obligations of the reporting person arising in connection with the vesting of restricted units representing the right to receive one share of Class A Common Stock under an equity incentive plan of Ares Management Corporation. Each restricted unit represents the right to receive one share of Class A Common Stock upon vesting. [F4] Includes 204,872 restricted units granted under an equity incentive plan of Ares Management Corporation. Each restricted unit represents the right to receive one share of Class A Common Stock upon vesting. The restricted units vest in installments in accordance with the applicable restricted unit award agreement. --- Footnotes (Complete Index) --- F1: Granted under an equity incentive plan of Ares Management Corporation. Each restricted unit represents the right to receive one share of Class A Common Stock upon vesting. The restrictions on such units are scheduled to lapse in four equal installments on January 31, 2028, 2029, 2030 and 2031. F2: Includes 254,872 restricted units granted under an equity incentive plan of Ares Management Corporation. Each restricted unit represents the right to receive one share of Class A Common Stock upon vesting. The restricted units vest in installments in accordance with the applicable restricted unit award agreement. F3: Consists of Class A Common Stock withheld by the Issuer in order to satisfy the minimum tax withholding obligations of the reporting person arising in connection with the vesting of restricted units representing the right to receive one share of Class A Common Stock under an equity incentive plan of Ares Management Corporation. Each restricted unit represents the right to receive one share of Class A Common Stock upon vesting. F4: Includes 204,872 restricted units granted under an equity incentive plan of Ares Management Corporation. Each restricted unit represents the right to receive one share of Class A Common Stock upon vesting. The restricted units vest in installments in accordance with the applicable restricted unit award agreement. --- Signature --- /s/ /s/ Naseem Sagati Aghili (2026-02-03)