Moelis (MC) General Counsel Osamu R. Watanabe Receives RSU Award

What Happened

• Osamu R. Watanabe, General Counsel and Secretary of Moelis & Company (MC), was granted six restricted stock unit (RSU) awards on 2026-09-17. The individual awards were 23.4, 44.61, 52.99, 58.64, 66.6 and 15.48 RSUs, totaling 261.72 RSUs. Each RSU was recorded at $0.00 (derivative award) because RSUs represent the right to receive shares or cash value upon settlement rather than an open-market purchase.

Key Details

• Transaction date: 2026-09-17; Filing date (Form 4): 2026-09-21 (filed within the SEC two-business-day window — timely).
• Price: $0.00 per RSU (award/derivative grant code A).
• Total RSUs granted: 261.72 (listed individually above).
• Shares owned after the transaction: not specified in the provided filing.
• Footnotes: These awards are dividend-equivalent RSUs tied to previously issued unvested Incentive RSUs from 2022–2026 (and a special incentive RSU); they will vest concurrently with the underlying unvested RSUs. Each RSU may be settled in Class A common stock or cash based on Moelis & Company’s option.
• No evidence in this filing of a sale, purchase, exercise-for-sale, or tax-withholding share-forfeiture event.

Context

• RSU awards are a common form of executive compensation and do not represent an immediate purchase or sale of stock; they convert to shares (or cash) only upon settlement/vesting, so they are not a direct short-term market signal. Purchases by insiders are often considered more informative about sentiment than routine compensation grants.