Form 144 | Ares Management(ARES.US)高管拟出售5万股股份,价值约656.75万美元

Form 144 | Ares Management(ARES.US) Officer Proposes to Sell 6.57 Million in Common Stocks

moomoo News ·  Apr 15 16:35

SEC FILLINGS DISCLOSED/ Apr 15, $Ares Management (ARES.US)$ Officer BAR HOLDINGS LLC intends to sell 50,000 shares of its common stock on Apr 15, with a total market value of approximately $6.57 million.

BAR HOLDINGS LLC has reduced shareholding in $Ares Management (ARES.US)$ by 200K shares since Mar 15, 2024, with a total value of approximately $26.31 million.


What is Form 144?

Form 144: Notice of Proposed Sale of Securities is a document issued by the Securities and Exchange Commission (SEC). Individuals such as executive officers and affiliates of a US-listed company must submit this form to the SEC when they intend to sell more than 5,000 shares or units of that company's stock, or if the sale price adds up to more than $50,000 in any three-month period. This regulation is known as Rule 144, under the Securities Act of 1933.

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