Ares Dynamic Credit Allocation Fund, Inc. — Insider Transactions
Form 4 filings by directors, officers, and 10%+ shareholders
SEC rules require corporate insiders — including directors, executive officers, and any shareholder owning more than 10% of a company's shares — to report changes in their ownership within two business days of a transaction. These disclosures are filed as Form 4. Open-market purchases (code P) are generally considered the most meaningful signal, as insiders are spending their own money.
| Insider | Title | Type | Shares | Price | Value | Owns After | Date |
|---|---|---|---|---|---|---|---|
| ARES INVESTMENTS LLC | — | Purchase | 4,700 | $17.94 | $84,318 | 42,186 | Oct 7, 2013 |
| SACHS DAVID A | — | Purchase | 1,800 | $18.11 | $32,598 | 42,100 | Oct 4, 2013 |
| Brufsky Seth J | President and CEO | Purchase | 1,000 | $18.44 | $18,440 | 10,500 | Oct 2, 2013 |
| ARES CAPITAL MANAGEMENT II LLC | — | Purchase | 250 | $17.92 | $4,480 | 32,486 | Sep 27, 2013 |
| ARES CAPITAL MANAGEMENT II LLC | — | Purchase | 1,398 | $18.20 | $25,444 | 26,134 | Sep 26, 2013 |
| ARES PARTNERS MANAGEMENT CO LLC | — | Purchase | 3,000 | $18.59 | $55,770 | 19,736 | Sep 23, 2013 |
| ARES INVESTMENTS LLC | — | Purchase | 1,000 | $18.35 | $18,350 | 13,736 | Sep 17, 2013 |
| ARES INVESTMENTS LLC | — | Purchase | 500 | $18.70 | $9,350 | 5,736 | Sep 13, 2013 |
| SACHS DAVID A | — | Purchase | 300 | $18.15 | $5,445 | 40,300 | Aug 21, 2013 |
| SACHS DAVID A | — | Purchase | 1,500 | $18.30 | $27,450 | 38,500 | Aug 19, 2013 |
| SACHS DAVID A | — | Purchase | 1,000 | $18.40 | $18,400 | 37,000 | Jul 25, 2013 |
| SACHS DAVID A | — | Purchase | 3,000 | $18.95 | $56,850 | 36,000 | Jun 19, 2013 |
| Brufsky Seth J | President and CEO | Purchase | 2,000 | $19.02 | $38,040 | 9,500 | Jun 19, 2013 |
| SACHS DAVID A | — | Purchase | 5,000 | $19.46 | $97,300 | 33,000 | Jun 10, 2013 |
| SACHS DAVID A | — | Purchase | 500 | $19.51 | $9,755 | 28,000 | Mar 19, 2013 |
| Dell Anthony S | CCO, Anti-Money Laundering Off | Purchase | 1,400 | $19.32 | $27,048 | 1,400 | Jan 16, 2013 |
| SACHS DAVID A | — | Purchase | 25,000 | $20.00 | $500,000 | 27,500 | Nov 27, 2012 |
| Erlanger Philip Robert | — | Purchase | 2,500 | $20.00 | $50,000 | 2,500 | Nov 27, 2012 |
| Brufsky Seth J | President and CEO | Purchase | 7,500 | $20.00 | $150,000 | 7,500 | Nov 27, 2012 |
| RESSLER ANTONY P | — | Purchase | 100,000 | $20.00 | $2,000,000 | 100,000 | Nov 27, 2012 |