Research Summary
AI-generated summary of this SEC filing
Moelis (MC) Director Mirrer Louise Receives RSU Award
What Happened
- Mirrer Louise, a director of Moelis & Co (MC), was granted three Restricted Stock Unit (RSU) awards on March 26, 2026, totaling 35.37 RSUs (14.84; 0.46; 20.07). The transaction is reported as grants/awards (code A). No per-share price or cash value was reported on the Form 4 (typical for RSU grants). Each RSU represents the right to receive one share of Class A common stock at vesting.
Key Details
- Transaction date: March 26, 2026; Form 4 filed March 30, 2026 (filed within the normal 2 business‑day period following the transaction).
- Grants: 14.84 RSUs, 0.46 RSUs, and 20.07 RSUs — total 35.37 RSUs. Price: N/A (awards, not open-market trades).
- Shares owned after transaction: Not specified in the provided summary.
- Footnotes:
- F1: Each RSU equals one share on settlement.
- F2–F4: Some RSUs are dividend-equivalent awards tied to underlying Annual RSUs (issued on various dates) and will vest concurrently with those underlying awards.
- No sales, open-market purchases, option exercises, or tax-withholding sales were reported in this filing.
Context
- RSU grants are awards that convert to actual shares only upon vesting and are not the same as an open-market purchase or sale; they generally reflect compensation or dividend equivalents rather than a direct insider market signal. The dividend-equivalent RSUs will vest with the underlying annual RSUs per the footnotes.