Insider Purchase by Schnabel Michael Kort (CEO)
Trade Summary
8 months ago, Schnabel Michael Kort, serving as CEO at Ares Capital Corp (ARCC), purchased 13,000 shares at $20.39 per share, for a total transaction value of $265,070.00. Following this transaction, Schnabel Michael Kort now holds 28,000 shares of ARCC.
This purchase represents a 87.00% increase in Schnabel Michael Kort's stake in the company. This is considered a high-conviction trade given the significant change in ownership.
The trade was executed on Friday, October 31, 2025 and publicly disclosed via SEC Form 4 filing on Monday, November 3, 2025 at 6:20 PM ET, 3 days after the trade was made.
Ares Capital Corp operates in the FINANCIAL SERVICES sector, specifically within the ASSET MANAGEMENT industry. Insider buying activity in this sector can provide valuable signals about industry trends and company-specific developments.
Trade Price
$20.39
Quantity
13,000
Total Value
$265,070.00
Shares Owned
28,000
Trade Date
249 days ago
SEC Filing Date
at 6:20 PM ET
Filed 3 days after trade
Discussion