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Ares Management(ARES.US) 10% Shareholder Sells US$11.83 Million in Common Stock

moomoo News · Mar 28 20:54

ARES -0.08%

$Ares Management (ARES.US)$ 10% Shareholder RESSLER ANTONY P sold 89,072 shares of Common Stock on Mar 27, 28, 2024 at an average price of $132.86 for a total value of $11.83 million.

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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