Form 4: Moelis & Co CEO Kenneth Moelis Reports Changes in Beneficial Ownership

Kenneth Moelis, CEO of Moelis & Co, reports a transaction involving Class A Common Stock and Class B Common Stock due to the conversion of Group Units.

Summary

• On March 7, 2025, Kenneth Moelis, the Chairman and CEO of Moelis & Co, reported changes in his beneficial ownership of the company's stock.
• The transaction involved the conversion of Group Units into Class A Common Stock.
• As a result of the transaction, Mr. Moelis directly owns 209,237 shares of Class A Common Stock.
• This is in addition to unvested or restricted equity units granted as incentive compensation and a retention award.
• Mr. Moelis also holds shares of Class A common stock issuable in exchange for Group Units held by The Moelis Family Trust.
• Each share of Class B common stock is convertible into approximately 0.00055 shares of Class A common stock in certain circumstances.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing, so the sentiment is neutral.

Industry Context

This filing is a routine disclosure related to changes in beneficial ownership by a company insider, which is common in the financial industry.

Stakeholder Impact

• The transaction may have a minor impact on shareholders due to the change in the number of outstanding shares of Class A Common Stock.

Key Dates