WATANABE OSAMU R. 4

What Happened

• Osamu R. Watanabe, General Counsel and Secretary of Moelis & Company (MC), was granted multiple Restricted Stock Unit (RSU) awards on March 26, 2026. The awards total 275.10 RSUs (24.59 + 46.89 + 55.70 + 61.64 + 70.01 + 16.27) and were recorded as derivative acquisitions at $0.00 per unit (no cash paid at grant). These are awards, not open-market purchases or sales.

Key Details

• Transaction date: 2026-03-26; Form filed: 2026-03-30 (filed timely; two business days after the transaction).
• Transaction code: A = Grant/Award (derivative RSUs).
• Total awarded: 275.10 RSUs; acquisition price reported: $0.00 (derivative award).
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Footnotes: F1–F7 indicate these are RSUs (each unit converts to one Class A share or cash at Moelis’s option) and that many of the RSUs were issued as dividend-equivalent RSUs tied to previously granted Incentive RSUs from 2022–2026 (they vest concurrently with the underlying unvested Incentive RSUs). F7 notes a “Special Incentive RSU” dividend equivalent tied to the Feb 12, 2026 awards.
• No 10b5-1 plan, tax withholding, sale, or exercise details are included in the excerpt.

Context

• These awards are derivative RSUs (rights to future stock or cash), not purchases or exercises. Because they are dividend equivalents that vest with underlying Incentive RSUs, they primarily reflect compensation adjustments rather than a direct market buy/sell signal. For retail investors, awards like this are routine executive compensation disclosures and do not by themselves indicate insider buying or selling intent.