Callesano Christopher 4

What Happened
Christopher Callesano, Chief Financial Officer of Moelis & Co (MC), had 2,179.3 shares of Class A common stock issued upon settlement of restricted stock units (RSUs) on February 19, 2026. To cover tax withholding obligations, 1,114.3 of those shares were surrendered at $62.73 per share, totaling approximately $69,900. The RSU settlement entries in the filing reflect the conversion/settlement of the award into shares.

Key Details

• Transaction date: February 19, 2026 (Form filed February 23, 2026).
• Primary event: RSUs settled for 2,179.3 shares of Class A common stock (footnotes: RSUs settled for stock).
• Tax withholding: 1,114.3 shares withheld at $62.73/share for ~$69,900 (reported as payment of tax liability).
• Other entries: multiple derivative-conversion lines sum to the 2,179.3 shares (reflecting settlement/conversion mechanics).
• Shares owned after transaction: not specified in the provided excerpt.
• Filing timeliness: filing occurred 4 days after the transaction date (Form filed Feb 23 for Feb 19 transaction); Form 4 is typically due within two business days, so this appears later than the usual window.

Context
This was a routine RSU settlement (an award conversion), not an open-market purchase or sale by the officer. Withholding shares to cover taxes is common and should not be interpreted as a directional market bet; the transaction increases Callesano’s net equity position by the shares remaining after withholding.