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Ares Management(ARES.US) Officer Sells US$601.43K in Common Stocks

moomoo News · Mar 26 20:48

ARES -0.08%

$Ares Management (ARES.US)$ Officer Arougheti Michael J sold 4,488 shares of Common Stocks on Mar 25, 2024 at an average price of $134.01 for a total value of $601.43K.

Source: Announcement

What is statement of changes in beneficial ownership of securities?

It is a requirement under federal securities laws that mandates individuals, including officers, directors, and those who hold more than 10% of any class of a company's securities (collectively known as "insiders"), to report their purchases, sales, and holdings of their company's securities by submitting Forms 3, 4, and 5.

Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more

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