Barker Thorold 4

What Happened
Barker Thorold, a director of Moelis & Co. (MC), was granted 1,545 restricted stock units (RSUs) on July 1, 2026. Each RSU represents the right to receive one share of Class A common stock; the grant was valued at $64.68 per share (the five‑day average closing price through June 30, 2026), for a total grant value of approximately $99,931. This transaction is an equity award (grant), not an open‑market purchase or sale.

Key Details

• Transaction date: July 1, 2026; Form 4 filed July 6, 2026 (appears timely given the July 3 market holiday).
• Transaction type/code: Award/Grant (A); 1,545 RSUs granted.
• Valuation: $64.68 per share (five‑day NYSE average through June 30, 2026); total ≈ $99,931.
• Vesting/settlement: The 2026 RSUs vested on July 1, 2026; settlement is within 60 days following July 1, 2028 (deferred settlement).
• Shares owned after transaction: Not reported in the filing.
• Footnotes: F1 = 1 RSU = right to 1 share; F2 = vested July 1, 2026 with settlement by July 1, 2028; F3 = valuation basis $64.68.

Context
This was a director compensation award to a non‑employee director — a routine form of equity pay and not a direct market purchase or sale. Because the RSUs vested immediately but settlement is deferred, Thorold has a contractual right to shares that will be delivered within the specified settlement window; deferred settlement is common in director awards and does not necessarily indicate a change in insider sentiment.