Riehl Nick 4
Research Summary
AI-generated summary
Moelis & Co (MC) Principal Accounting Officer Nick Riehl Receives RSUs
What Happened
- Nick Riehl, Principal Accounting Officer of Moelis & Company (MC), received grants of restricted stock units (RSUs) on February 12, 2026. The filing reports two awards: 937 RSUs (2025 Incentive RSUs) and 694 RSUs (2025 Special Incentive RSUs), a total of 1,631 RSUs. Each award is recorded at $0.00 per share because these are time-based equity grants (derivative awards), not open-market purchases or sales.
Key Details
- Transaction date: February 12, 2026; Form 4 filed February 17, 2026.
- Awards: 937 Incentive RSUs (F1/F2) and 694 Special Incentive RSUs (F3/F4) — total 1,631 RSUs.
- Grant price: $0.00 (standard for RSU awards; no cash paid by the insider).
- Vesting: Awards vest in equal annual installments on Feb 23 of 2027, 2028, 2029 and 2030 (F2, F4).
- Plan: Grants made under the Moelis & Company 2024 Omnibus Incentive Plan.
- Shares owned after transaction: Not specified in the filing.
- Filing timeliness: Form 4 was filed Feb 17, 2026 (covering the Feb 12 grant).
Context
- These are derivative grants (RSUs) that give the right to receive either shares of Class A common stock or cash equal to the share value at settlement (company’s choice) — they do not represent an immediate purchase or sale of stock.
- RSU grants are common compensation for executives; they vest over time and are generally intended for retention rather than signaling immediate insider sentiment.