Statement of Changes in Beneficial Ownership - Form 4

Ownership Submission

FORM 4 Check this box if no longer subject to Section 16, Form 4 or Form 5 obligations may continue. See Instruction 1(b).

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL OMB Number:3235-0287Expires:January 31, 2005Estimated average burden hours per response...0.5

1. Name and Address of Reporting Person * RESSLER ANTONY P 2. Issuer Name and Ticker or Trading Symbol Ares Management Corp [ARES] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable) __X__ Director _____ 10% Owner _____ Officer (give title below) _____ Other (specify below) Co-Founder & Exec. Chairman / (Last) (First) (Middle) 2000 AVENUE OF THE STARS , 12TH FLOOR 3. Date of Earliest Transaction (Month/Day/Year) (Street) LOS ANGELES CA 90067 4. If Amendment, Date Original Filed(Month/Day/Year) 6. Individual or Join/Group Filing(Check Applicable Line) _X_ Form filed by One Reporting Person ___ Form filed by More than One Reporting Person (City) (State) (Zip) Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned

1.Title of Security 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code 4. Securities Acquired (A) or Disposed of (D) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) 6. Ownership Form: Direct (D) or Indirect (I) 7. Nature of Indirect Beneficial Ownership Code V Amount (A) or (D) Price

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
(e.g., puts, calls, warrants, options, convertible securities)

1. Title of Derivate Security	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code	5. Number of Derivative Securities Acquired (A) or Disposed of (D)	6. Date Exercisable and Expiration Date	7. Title and Amount of Securities Underlying Derivative Security	8. Price of Derivative Security	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s)	10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)	11. Nature of Indirect Beneficial Ownership
Code	V	(A)	(D)	Date Exercisable	Expriation Date	Title	Amount or Number of Shares

Reporting Owners

Reporting Owner Name / Address	Relationships
Director	10% Owner	Officer	Other
RESSLER ANTONY P 2000 AVENUE OF THE STARS 12TH FLOOR LOS ANGELES, CA90067	X	X	Co-Founder & Exec. Chairman

Signatures

/s/ Naseem Sagati Aghili, by power of attorney	2024-03-28
**Signature of Reporting Person	Date

Explanation of Responses:

(*)	If the form is filed by more than one reporting person, see Instruction 5(b)(v).
(**)	Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1)	This transaction was effected pursuant to a 10b5-1 trading plan adopted on December 15, 2023 by the reporting person, or a vehicle controlled by him.
(2)	The price reported in Column 4 is a weighted average price. These shares were sold on March 27, 2024 in multiple transactions at prices ranging from $131.17 to $132.16. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote and footnotes 4, 5, 6, 7, 9 and 10.
(3)	The shares of Class A Common Stock reported as sold and the number of shares owned after such sale includes 48,572 shares of Class A Common Stock previously reported as indirectly held by the reporting person through Ares Owners Holdings L.P. ("AOH"), which shares were transferred to the reporting person or a vehicle controlled by him.
(4)	The price reported in Column 4 is a weighted average price. These shares were sold on March 27, 2024 in multiple transactions at prices ranging from $132.17 to $133.16.
(5)	The price reported in Column 4 is a weighted average price. These shares were sold on March 27, 2024 in multiple transactions at prices ranging from $133.17 to $134.16.
(6)	The price reported in Column 4 is a weighted average price. These shares were sold on March 27, 2024 in multiple transactions at prices ranging from $134.18 to $134.68.
(7)	The price reported in Column 4 is a weighted average price. These shares were sold on March 28, 2024 in multiple transactions at prices ranging from $131.36 to $132.33.
(8)	The shares of Class A Common Stock reported as sold and the number of shares owned after such sale includes 40,500 shares of Class A Common Stock previously reported as indirectly held by the reporting person through AOH, which shares were transferred to the reporting person or a vehicle controlled by him.
(9)	The price reported in Column 4 is a weighted average price. These shares were sold on March 28, 2024 in multiple transactions at prices ranging from $132.38 to $133.37.
(10)	The price reported in Column 4 is a weighted average price. These shares were sold on March 28, 2024 in multiple transactions at prices ranging from $133.38 to $133.88.
(11)	The reporting person or a vehicle controlled by him is a limited partner in AOH, the direct holder of the shares of Class A Common Stock. The shares of Class A Common Stock indirectly held by the reporting person or the vehicle are the number of shares of Class A Common Stock that he or the vehicle has a right to receive as a limited partner in AOH.

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, See Instruction 6 for procedure.Potential persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB number.

Public link

Please use the above public link if you want to share this noodl on another website.