Ares Management LLC and affiliated entities filed a Form 4 on August 17, 2026, disclosing the disposal of 23,000,000 shares of common stock in Savers Value Village, Inc. (NYSE:SVV) on August 13, 2026.

Key Highlights

  • Shares disposed: 23,000,000 shares of Savers Value Village common stock were disposed of on August 13, 2026.
  • Transaction price: The shares were sold at $10.25 per share, according to the filing.
  • Remaining beneficial ownership: Following the transaction, the reporting persons reported indirect beneficial ownership of 94,449,188 shares.
  • Transaction code: The transaction was coded "S" (sale) in Table I of the filing.
  • Relationship to issuer: Each of the Ares Entities is identified in the filing as a 10% owner of Savers Value Village, Inc.
  • Multiple reporting persons: The filing was made jointly by seven entities, including Ares Management LLC, Ares Partners Holdco LLC, Ares Voting LLC, Ares Management GP LLC, Ares Management Corp, Ares Holdco LLC, and Ares Management Holdings L.P.

Ares Entities Reduce Stake in Savers Value Village via Open-Market Sale

According to the Form 4 filed with the SEC on August 17, 2026, Ares Management LLC and six affiliated entities disposed of 23,000,000 shares of Savers Value Village, Inc. common stock at a price of $10.25 per share on August 13, 2026. The transaction was reported as an indirect holding, with all seven entities identified as 10% owners of the issuer. The filing notes that additional separate Form 4 filings are being made by other related entities due to limitations of the electronic filing system.

Following the reported disposal, the filing states that the Ares Entities hold indirect beneficial ownership of 94,449,188 shares. Per footnote 1, this total includes 53,083,382 shares held by Ares Corporate Opportunities Fund V, L.P., 5,435,262 shares held by ASSF IV AIV B Holdings III, L.P., 7,945,865 shares held by ASSF IV AIV B, L.P., and 26,223,742 shares held by ASOF Holdings I, L.P. The filing also notes that 1,760,937 of those shares are "Managed Shares" held by an account managed by ASSF Operating Manager IV, L.P., and that the Ares Entities disclaim beneficial ownership of those Managed Shares for purposes of Section 16.

The filing describes a layered ownership structure in which Ares Partners Holdco LLC is the sole member of both Ares Voting LLC and Ares Management GP LLC, which together hold Class B and Class C common stock of Ares Management Corporation. The filing further states that Ares Partners Holdco LLC is managed by a board of managers composed of Michael J Arougheti, R. Kipp deVeer, David B. Kaplan, Antony P. Ressler, and Bennett Rosenthal, and that Mr. Ressler "generally has veto authority over Board Members' decisions." Each of these individuals, as noted in the filing, disclaims beneficial ownership of securities that may be deemed beneficially owned by Ares Partners.

What Was Disclosed

Ares Management LLC and six affiliated entities reported the sale of 23,000,000 shares of Savers Value Village common stock at $10.25 per share on August 13, 2026, leaving the group with reported indirect beneficial ownership of 94,449,188 shares.