Michael Kort Schnabel - Oct 31, 2025 Form 4 Insider Report for ARES CAPITAL CORP (ARCC)

Role: Chief Executive Officer
Signature: /s/ Monica J. Shilling, by power of attorney
Stock symbol: ARCC
Transactions as of: Oct 31, 2025
Transactions value $: $265,070
Form type: 4
Date filed: 11/3/2025, 06:15 PM
Previous filing: May 4, 2023
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
SCHNABEL MICHAEL KORT	Chief Executive Officer	C/O ARES CAPITAL CORPORATION, 245 PARK AVENUE, 44TH FLOOR, NEW YORK	/s/ Monica J. Shilling, by power of attorney	2025-11-03	0001952244

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	ARCC	Common Stock	Purchase	$265K	+13K	+86.67%	$20.39	28K	Oct 31, 2025	Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $20.29 to $20.49, inclusive. The reporting person undertakes to provide to Ares Capital Corporation, any security holder of Ares Capital Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within such range.

Content

The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $20.29 to $20.49, inclusive. The reporting person undertakes to provide to Ares Capital Corporation, any security holder of Ares Capital Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within such range.