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Ares Management(ARES.US) 10% Shareholder Sells US$18.88 Million in Common Stock

moomoo News · Apr 19 19:09

ARES -2.03%

$Ares Management (ARES.US)$ 10% Shareholder RESSLER ANTONY P sold 143.57K shares of common stock on Apr 17, 2024 at an average price of $131.51 for a total value of $18.88 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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