RAICH JEFFREY 4
4 · Moelis & Co · Filed Feb 11, 2026
Research Summary
AI-generated summary of this filing
Moelis (MC) EVP Jeffrey Raich Receives 48,456-Unit Award
What Happened
- Jeffrey Raich, Executive Vice Chairman and MD of Moelis & Co (MC), received two awards on Feb 9, 2026: 35,705 and 12,751 limited partnership (LP) units (total 48,456 units). Each award is recorded at $0.00 (derivative award, code A) — this is a compensation grant, not an open‑market purchase or sale.
- The awards are LP units of MCGEH that may be redeemed on a one‑for‑one basis for Class A common stock under the partnership agreement; no cash changed hands at grant.
Key Details
- Transaction date: Feb 9, 2026; Filing date: Feb 11, 2026 (timely).
- Reported price: $0.00 per unit (award/derivative).
- Shares owned after transaction: not specified in the provided filing data.
- Footnote highlights:
- F1: MCGEH LP units may be redeemed one‑for‑one for Class A common stock per the LP agreement.
- F2: The "2024 Vested LP Units" were granted Feb 13, 2025, have staged redemption/vesting mechanics and are subject to sale/non‑compete restrictions through the fifth anniversary; the compensation committee certified the required "Book‑Up" on Feb 9, 2026.
- F3: The "2024 LTI LP Units" (also granted Feb 13, 2025) vest 33% each year on Feb 23 of 2028–2030 and become redeemable after vesting and Book‑Up certification (Book‑Up certified Feb 9, 2026).
- Transaction type: Award (derivative grant), not an exercise, purchase, or sale.
Context
- These LP unit grants are a form of long‑term compensation. They are derivative units convertible into common shares (one‑for‑one) but are subject to vesting schedules, redemption timing, and restrictions — meaning they are not the same as immediately tradable shares.
- Such awards are routine for executives and do not by themselves indicate insider buying or selling of publicly traded stock.
Insider Transaction Report
Form 4
RAICH JEFFREY
Executive Vice Chairman, MD
Transactions
- Award
2024 Vested LP Units of MCGEH (Granted February 13, 2025)
[F1][F2]2026-02-09+35,705→ 35,705 total→ Class A Common Stock (35,705 underlying) - Award
2024 LTI LP Units of MCGEH (Granted February 13, 2025)
[F1][F3]2026-02-09+12,751→ 12,751 total→ Class A Common Stock (12,751 underlying)
Footnotes (3)
- [F1]Limited partnership units of MCGEH may be redeemed by the holder for shares of Class A Common Stock on a one-for-one basis pursuant to the terms of the Second Amended and Restated Limited Partnership Agreement of MCGEH.
- [F2]On February 13, 2025, the Reporting Person was granted a profits interest award in the form of LP Units in connection with compensation for the 2024 fiscal year (the "2024 Vested LP Units"). The 2024 Vested LP Units vest at grant and may be redeemed as follows: (a) 40% on February 23, 2027, and (b) and 20% on each of February 23, 2028, February 23, 2029 and February 23, 2030. These 2024 Vested LP units may be redeemded by the holder for shares of Class A Common Stock on a one-for-one basis beginning on the third anniversary of the grant date (February 2028) and a sufficient amount of profits have been allocated to the holder of the LP Units (the "Book-Up"). On February 9, 2026, the Issuers Compensation Committee certified the achievement of the Book-Up. In addition, the 2024 Vested LP Units are subject to sale and non-compete restrictions through the fifth anniversary of the grant date. The redemption rights described herein do not expire.
- [F3]On February 13, 2025, the Reporting Person was granted a profits interest award in the form of Long Term Incentive LP Units in connection with compensation for the 2024 fiscal year (the "2024 LTI LP Units"). The 2024 LTI LP Units vest over three years as follows: 33% vests on each February 23, 2028, February 23, 2029 and February 23, 2030. These 2024 LTI LP Units may be redeemed by the holder for shares of Class A Common Stock on a one-for-one basis after the LTI LP Units become vested and a sufficient amount of profits have been allocated to the holder of the LTI LP Units (the "Book-Up"). On February 9, 2026, the Issuers Compensation Committee certified the achievement of the Book-Up. These 2024 LTI LP Units remain subject to the time-based vesting requirements described herein. The redemption rights described herein do not expire.
Signature
/s/ Osamu Watanabe as attorney-in-fact for Jeffrey Raich|2026-02-11