Ares Management CEO Michael Arougheti Has Sold $771M in ARES Stock — Holds Zero Shares

Michael Arougheti, CEO of Ares Management (ARES), has sold $771 million in company stock across 417 transactions — with zero directly-owned shares remaining.

The Numbers

Metric	Value
Career Sell Value	$771.4M
Career Buy Value	$2250.02B
Total Transactions	417
Last Transaction	2026-01-31
Shares Remaining	0

Recent Activity

Date	Type	Shares	Price	Est. Value
2025-12-01	Sell	909	$158.9500	$144K
2025-12-01	Sell	14,067	$158.0800	$2.2M
2025-12-01	Sell	31,266	$157.6100	$4.9M
2025-12-01	Sell	5,400	$155.6200	$840K
2025-12-01	Sell	2,737	$154.3500	$422K

Arougheti executed a $22M block sale on Dec 1, 2025, selling 56,257 shares at $153–159 per share. This followed a $13.3M sale on Nov 28. The clustered, high-volume pattern suggests a planned liquidation window.

What It Means

Arougheti co-founded Ares in 1997 and has led the alternative asset manager through its 2014 IPO and subsequent growth to $450B+ AUM. His $771M in career sales reflects the outsized wealth creation in private credit and real assets — Ares' core franchise.

The zero direct-share position is notable but may understate his economic interest. As CEO of a GP-heavy model, Arougheti likely holds carried interest and GP stakes not captured in Form 4 filings. ARES investors should watch proxy filings for total economic exposure.

What to Watch

• Proxy filing total compensation
• GP stake and carried interest
• Peer alt-manager insider sales
• Next Form 4 filing cadence