Pilcher Ciafone Katherine 4

What Happened

• Katherine Pilcher Ciafone, Chief Operating Officer of Moelis & Company (MC), was granted a total of 63.37 restricted stock units (RSUs) on March 26, 2026 (two awards: 16.48 RSUs and 46.89 RSUs). The grants are recorded at $0.00 per share on the Form 4 because they are derivative RSU awards rather than open-market purchases.

Key Details

• Transaction date: March 26, 2026; Form 4 filed March 30, 2026 (timely filing).
• Awards: 16.48 RSUs and 46.89 RSUs, total 63.37 RSUs; reported price $0.00 (derivative award).
• Shares owned after transaction: not disclosed in the provided filing excerpt.
• Footnotes:
  • F1: Each RSU entitles the holder, at settlement, to either one share of Class A common stock or cash equal to the share’s fair market value (company’s option).
  • F2/F3: These RSUs were issued as dividend equivalents on the holder’s unvested Incentive RSUs from Feb 17, 2022 and Feb 16, 2023; the dividend-equivalent RSUs vest concurrently with the underlying unvested Incentive RSUs.
• Transaction type code: A = Award/Grant (derivative).

Context

• This was an award/grant (compensation) rather than an open-market purchase or sale; such grants are routine forms of executive compensation and do not by themselves indicate a buying or selling signal. The awards are derivative RSUs that will convert to stock or cash upon settlement and vest according to the underlying incentive RSU schedules (per footnotes).