Ares Management(ARES.US) 10% Shareholder Sells US$33.1 Million in Common Stock

moomoo News ·  Apr 16 22:19

$Ares Management (ARES.US)$ 10% Shareholder RESSLER ANTONY P sold 254.56K shares of common stock on Apr 15, 16, 2024 at an average price of $130.03 for a total value of $33.1 million.


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.

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