other
confidence high
sentiment neutral
materiality 0.20
Ares execs Kaplan and Rosenthal adopt 10b5-1 plans to sell up to 500k shares each
Ares Management Corp
- David Kaplan's plan allows up to 500,000 shares; earliest sale Oct 17, 2022; expires Apr 30, 2023.
- Bennett Rosenthal's plan allows up to 500,000 shares; same sale commencement and expiry dates.
- Both plans are for estate planning purposes and adopted during an authorized trading period.
- Sales will be disclosed via Form 144 and Form 4 filings.