A Form 4 filed on October 27, 2026 discloses that Ares Management LLC and affiliated entities, acting as 10% owners of Claritev Corp (NYSE:CTEV), acquired a combined 70,834 shares of Class A Common Stock across two transactions on October 23 and October 26, 2026.

Key Highlights

  • First purchase: 50,000 shares of Class A Common Stock acquired on October 23, 2026 at $23.5328 per share, transaction code P.
  • Second purchase: 20,834 shares of Class A Common Stock acquired on October 26, 2026 at $24.0696 per share, transaction code P.
  • Resulting ownership: Beneficial ownership following the two transactions totals 1,933,939 shares of Class A Common Stock, held indirectly.
  • Breakdown of holdings: According to the filing, the total includes 1,578,588 shares held by ASOF II Holdings I, L.P., 284,517 shares held by ASOF II A (DE) Holdings I, L.P., and 70,834 shares held by ASOF III Holdings I LP.
  • Reporting persons: Eight entities filed jointly, including Ares Management LLC, ASOF Investment Management LLC, Ares Management Holdings L.P., Ares Holdco LLC, Ares Management Corp, Ares Voting LLC, Ares Management GP LLC, and Ares Partners Holdco LLC.
  • Ownership form: All reported shares are held indirectly through the Ares Holders, as described in the filing's footnotes.

Ares Entities Report Two Open-Market Purchases of Claritev Class A Common Stock

According to the Form 4 filed with the SEC on October 27, 2026, Ares Management LLC and seven affiliated entities disclosed two open-market purchases of Class A Common Stock in Claritev Corp (NYSE:CTEV). The first transaction, dated October 23, 2026, involved the acquisition of 50,000 shares at a price of $23.5328 per share. The second transaction, dated October 26, 2026, covered 20,834 shares at $24.0696 per share. Both transactions carry code "P," indicating purchases, and all shares are reported as indirectly owned.

The filing explains the ownership structure through a series of footnotes. According to the disclosure, ASOF Investment Management LLC is the manager of each of the "Ares Holders" - the three entities that directly hold the shares. That manager is itself controlled through a chain that runs from Ares Management Holdings L.P. to Ares Holdco LLC to Ares Management LLC to Ares Management Corp, with Ares Partners Holdco LLC sitting at the top as sole member of Ares Voting LLC and Ares Management GP LLC. The filing notes that "each of the foregoing entities may be deemed to share beneficial ownership of the securities reported herein, but each disclaims any such beneficial ownership of securities not held of record by them."

The filing further states that Ares Partners Holdco LLC is managed by a board that includes Michael J Arougheti, R. Kipp deVeer, David B. Kaplan, Antony P. Ressler, and Bennett Rosenthal, with Mr. Ressler generally holding veto authority. Each of those individuals "disclaims beneficial ownership of the securities that may be deemed to be beneficially owned by Ares Partners," according to the filing. Separate Form 4 filings were made for each of the three directly holding entities due to limitations of the electronic filing system, as noted in the remarks section.

What Was Disclosed

Ares Management LLC and affiliated entities, as 10% owners of Claritev Corp, reported two purchases totaling 70,834 shares of Class A Common Stock on October 23 and October 26, 2026, bringing indirectly held beneficial ownership to 1,933,939 shares.