4Filed Sep 20, 8:00 PM ET
Moelis (MC) Director Kenneth Shropshire Receives RSU Award
$MC · Moelis & CoResearch Summary
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Moelis (MC) Director Kenneth Shropshire Receives RSU Award
What Happened
- Kenneth Shropshire, a director of Moelis & Co. (MC), was granted three restricted stock unit (RSU) awards on September 17, 2026 totaling 40.74 RSUs (20.00 + 18.56 + 2.18). The filing lists these as awards (transaction code A); no cash price is shown because RSUs are compensation that convert to shares upon vesting.
Key Details
- Transaction date: 2026-09-17; Form 4 filed 2026-09-21 (filed within the required two business days).
- Award amounts: 20.00 RSUs, 18.56 RSUs, and 2.18 RSUs (total 40.74 RSUs). No purchase price or immediate cash value reported.
- Shares owned after the transaction: not specified in the provided data.
- Footnotes: Each RSU equals the right to one share. The 18.56 and/or 2.18 awards are dividend-equivalent RSUs tied to the holder’s annual/elective RSUs (2025 and 2026), and these dividend-equivalent RSUs vest concurrently with their underlying RSUs.
- Transaction code: A = Award/Grant (not a buy or sell).
Context
- RSUs are compensation awards that convert to shares only upon vesting; they are not open-market purchases (so they do not directly signal a personal cash investment). Dividend-equivalent RSUs simply mirror dividend payouts on underlying RSUs and vest with those awards. This filing reports grants, not sales or exercises.