Cantor Eric 4
Research Summary
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Moelis (MC) Vice Chair Eric Cantor Receives RSU Shares
What Happened
- Eric Cantor, Vice Chairman, Managing Director and Director of Moelis & Co. (MC), had restricted stock units (RSUs) settle on February 19, 2026. The RSU settlement resulted in the conversion/acquisition of 32,367.97 shares of Class A common stock.
- To cover tax withholding obligations, 14,224.97 of those shares were surrendered/withheld at an indicated price of $62.73 per share, for a reported tax withholding value of $892,332. The net new shares retained from the settlement equal 18,143.00 shares (32,367.97 acquired minus 14,224.97 withheld).
Key Details
- Transaction date: February 19, 2026; Form 4 filed February 23, 2026 (filed on the typical 2-business-day deadline).
- Primary codes: M = exercise/conversion of derivative (RSU conversion), F = payment of exercise price or tax liability (share withholding).
- Shares acquired via RSU settlement: 32,367.97 shares (Class A common stock).
- Shares withheld for taxes: 14,224.97 shares at $62.73 per share; total withholding value reported $892,332.
- Net shares retained from the settlement: 18,143.00 shares.
- Footnotes: RSUs were settled for Class A common stock on February 19, 2026 (per filing footnotes).
- Shares owned after the transaction: not specified in the provided filing data.
Context
- This was an RSU settlement (award conversion), not an open-market buy or a discretionary sale. The withholding of shares to pay taxes is a routine administrative step and should not be read as a market-timing sale.
- Transaction code M reflects conversion/exercise of derivative awards (here, RSUs) and code F reflects shares used to satisfy tax obligations.