Ares Management(ARES.US) Officer Sells US$6.49 Million in Common Stock

moomoo News ·  Apr 16 22:20

$Ares Management (ARES.US)$ Officer Rosenthal Bennett sold 50,000 shares of common stock on Apr 15, 2024 at an average price of $129.72 for a total value of $6.49 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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