Form 4: Kenneth Shropshire Reports Acquisition of Moelis & Co Restricted Stock Units

Director Kenneth Shropshire reports the acquisition of restricted stock units in Moelis & Co due to dividend equivalents.

Summary

• Kenneth Shropshire, a director of Moelis & Co, reported the acquisition of restricted stock units (RSUs) on March 27, 2025.
• These RSUs were acquired as dividend equivalents on previously issued Annual and Elective RSUs.
• Specifically, 28.35 RSUs were acquired related to the 2023 Annual RSUs, resulting in a total holding of 2,630.89 RSUs.
• Additionally, 22.49 RSUs were acquired related to the 2024 Annual RSUs, resulting in a total holding of 2,086.29 RSUs.
• Finally, 1.33 RSUs were acquired related to the 2024 Elective RSUs, resulting in a total holding of 123.33 RSUs.
• These dividend equivalent RSUs will vest concurrently with the vesting of the underlying Annual and Elective RSUs issued on July 3, 2023, and July 1, 2024, respectively.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a routine filing related to dividend equivalents on RSUs, indicating stable company performance but not necessarily exceptional growth.

Positives

• The acquisition of RSUs due to dividend equivalents suggests the company is performing well enough to distribute dividends, even if in the form of equity.

Industry Context

Form 4 filings are routine disclosures for company insiders and provide transparency into their transactions in the company's securities. This filing indicates that a director is receiving additional equity as a result of dividend equivalents, which is a common practice.

Stakeholder Impact

• The acquisition of RSUs by a director could be viewed positively by shareholders as it aligns the director's interests with those of the shareholders.

Key Dates

Keywords

Restricted Stock Units, RSU, Moelis & Co, Dividend Equivalents, Beneficial Ownership, Form 4, Director, Kenneth Shropshire