Riehl Nick 4
Research Summary
AI-generated summary
Moelis (MC) Principal Accounting Officer Nick Riehl Receives RSU Shares
What Happened
- Nick Riehl, Principal Accounting Officer at Moelis & Co. (MC), had Restricted Stock Units (RSUs) settle into 61.43 shares of Class A common stock on February 19, 2026. To cover tax withholding, 25.43 of those shares were surrendered at $62.73 per share, totaling $1,595. The net result is about 36.00 shares delivered to Riehl after withholding.
Key Details
- Transaction date: February 19, 2026; Form 4 filed February 23, 2026 (four days after the transaction).
- RSU settlement: 61.43 shares acquired (transaction code M—conversion/exercise of derivative/settlement).
- Tax withholding: 25.43 shares withheld and disposed at $62.73/share for $1,595 (transaction code F).
- Net shares received: approximately 36.00 shares (61.43 − 25.43).
- Footnotes: RSUs were settled for Class A common stock on Feb 19, 2026.
- Shares owned after transaction: not specified in the filing.
- Filing timing: filed four days after the settlement date, which is later than the typical two-business-day Form 4 reporting window.
Context
- This was an RSU settlement and routine tax withholding, not an open-market purchase or sale. Such awards are compensation-related and do not by themselves indicate a change in insider sentiment. The tax-withholding via share surrender is common and effectively a cashless method to cover withholding obligations.