4Filed Aug 30, 8:00 PM ET
Moelis & Co (MC) Director Kenneth Shropshire Sells 1,881 Shares
$MC · Moelis & CoResearch Summary
AI-generated summary of this SEC filing
Moelis & Co (MC) Director Kenneth Shropshire Sells 1,881 Shares
What Happened
Kenneth Shropshire, a director of Moelis & Co (MC), sold 1,881 shares in an open‑market sale on August 27, 2026. The shares were sold at $69.06 each for a total transaction value of $129,902. This was a sale (not a purchase or option exercise); sales by directors are often routine and do not by themselves indicate a change in company outlook.
Key Details
- Transaction date: 2026-08-27
- Transaction type/code: Open‑market sale (S)
- Price per share: $69.06
- Total proceeds: $129,902
- Shares owned after the transaction: Not specified in the provided filing
- Notable footnotes: None indicated in the provided details (no 10b5‑1 plan, tax withholding, or gift notation shown)
- Filing timeliness: Report filed on 2026-08-31 — within the standard two business‑day window, so the filing appears timely
Context
Sales by directors can reflect personal financial planning, diversification, or other non‑company reasons; they are not inherently a signal about the company’s prospects. This transaction was a straightforward open‑market sale (no derivative exercise or cashless transaction involved).