Form 4: Moelis & Co. Director Eric Cantor Reports Stock Transactions

Sentiment:

SEC Form 4 Filing


Eric Cantor, a Director and Vice Chairman at Moelis & Co., reported the acquisition and disposal of Class A Common Stock on April 25, 2024, according to a Form 4 filing with the SEC.

Summary

  • On April 25, 2024, Eric Cantor, a Director and Vice Chairman at Moelis & Co., engaged in transactions involving Class A Common Stock.
  • Cantor acquired 705.85 shares of Class A Common Stock through the settlement of Restricted Stock Units (RSUs).
  • Simultaneously, Cantor disposed of 310.85 shares of Class A Common Stock at a price of $53.99.
  • Following these transactions, Cantor beneficially owns 196,258 shares of Class A Common Stock.

Sentiment

Score: 5

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

Industry Context

Form 4 filings are standard practice for company insiders to report transactions in their company's stock, providing transparency to the market.

Stakeholder Impact

  • The filing provides transparency to shareholders regarding insider transactions.

Key Dates

DateDescription
04/25/2024Date of stock transactions (acquisition and disposal) and RSU settlement.
04/29/2024Date of signature for the Form 4 filing.

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