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), received three grants of restricted stock units (RSUs) on June 18, 2026: 12.39 RSUs, 0.38 RSUs, and 16.76 RSUs — a total of 29.53 RSUs. Prices and cash values are not applicable (these are awards, not open‑market trades). Per the filing, each RSU represents the right to receive one share of Class A common stock upon vesting.
Key Details
- Transaction date: June 18, 2026. Filing date: June 23, 2026 (filed one business day late relative to the typical 2‑business‑day Form 4 deadline).
- Grants: 12.39 RSUs, 0.38 RSUs, 16.76 RSUs — total 29.53 RSUs. Price: N/A (award). Value at vesting will depend on Moelis share price then.
- Shares owned after transaction: not specified in the provided excerpt; see the full Form 4 for holdings.
- Footnotes: F1 confirms 1 RSU = 1 share on vesting. F2–F4 indicate some RSUs were issued as dividend equivalents tied to prior annual RSU awards and will vest concurrently with those underlying awards.
Context
- These were compensation grants (award code A), not purchases or sales — common for directors and typically intended as long‑term incentive compensation. Dividend‑equivalent RSUs simply mirror dividends on underlying RSUs and vest with those grants, rather than representing new market purchases.