Moelis & Co·4

Jun 23, 5:50 PM ET

Shropshire Kenneth 4

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Moelis (MC) Director Kenneth Shropshire Receives 39.10 RSU Award

What Happened Kenneth Shropshire, a director of Moelis & Co. (MC), was granted a total of 39.10 restricted stock units (RSUs) on 2026-06-18 via three award entries: 21.03 RSUs, 17.55 RSUs and 0.52 RSUs. These were reported as awards (code A) with no per-share cash price (N/A) because they are equity compensation rather than market purchases. RSUs represent the right to receive one share of Class A common stock upon vesting.

Key Details

  • Transaction date: 2026-06-18; Form 4 filed: 2026-06-23 (SEC Accession 0001193125-26-279854).
  • Awarded amounts: 21.03 RSUs, 17.55 RSUs, 0.52 RSUs — total 39.10 RSUs. No purchase price reported (N/A) because these are grants.
  • Shares owned after transaction: not disclosed in this filing.
  • Footnotes:
    • F1: Each RSU = right to one share of Class A common stock.
    • F2–F4: These awards include dividend-equivalent RSUs that will vest concurrently with the holder’s underlying Annual and Elective RSUs issued July 1, 2024 and July 1, 2025.
  • Timeliness: Filed five calendar days after the transaction (filed 6/23 for a 6/18 transaction); Form 4s are generally due within two business days, so this filing was submitted after the typical deadline.

Context These awards are compensation-based RSU grants (not open-market purchases or sales) and generally reflect equity compensation or dividend-equivalent adjustments rather than a direct buy/sell signal. Dividend-equivalent RSUs simply track additional shares payable alongside the underlying RSUs and will vest on the same schedule as those underlying grants.