Form 4: Moelis & Co Director Laila Worrell Reports Acquisition of Restricted Stock Units

Moelis & Co Director Laila Worrell reported the acquisition of 3,522 Restricted Stock Units, comprising annual and elective grants, as part of her compensation.

Summary

• Laila Worrell, a Director of Moelis & Co, reported the acquisition of equity securities.
• The transaction date for the acquisitions was July 1, 2025.
• Acquired 1,681 2025 Annual Restricted Stock Units (RSUs).
• Acquired 1,841 2025 Elective Restricted Stock Units (RSUs).
• The total number of Restricted Stock Units acquired is 3,522.
• Each RSU represents the right to receive one share of Class A Common Stock.
• The RSUs were granted based on an average closing price of $62.45 per share of the Company's Class A common stock on the NYSE for the five trading days ended on June 30, 2025.
• The 2025 Annual Restricted Stock Units vested on July 1, 2025, with settlement expected within 60 days following July 1, 2027.
• The 2025 Elective Restricted Stock Units vest in equal fourths at the beginning of each quarter, ending on July 1, 2026, with settlement within 60 days following the applicable vesting date.

Sentiment

Score: 7

Explanation: The filing reports a routine equity compensation grant to a director, which is a neutral event but can be seen as slightly positive due to the alignment of interests between the director and shareholders.

Positives

• Director Laila Worrell acquired 3,522 Restricted Stock Units, which aligns her interests with those of the shareholders.
• The grants are part of compensation, indicating ongoing commitment and retention of key personnel within the company's governance structure.

Future Outlook

Future share issuances are expected upon settlement of the 3,522 Restricted Stock Units, with specific settlement dates tied to vesting schedules for both annual and elective grants.

Industry Context

The grant of Restricted Stock Units to a non-employee director is a common practice in the financial services industry, serving to align director incentives with long-term shareholder value and retain experienced board members.

Comparison to Industry Standards

• The use of Restricted Stock Units (RSUs) for non-employee director compensation is a widely adopted practice across the financial services sector and broader public markets, aligning with corporate governance best practices for incentivizing long-term performance and retention.
• The valuation basis for the RSUs, using an average closing price over several trading days, is a common and transparent method for determining grant value, consistent with industry standards.

Related Party Transactions

• The grant of Restricted Stock Units to Director Laila Worrell constitutes a related party transaction, which is a standard component of non-employee director compensation.

Stakeholder Impact

• Shareholders: Potential minor dilution upon RSU settlement, but also improved alignment of director interests with shareholder value.
• Employees: No direct impact mentioned.
• Customers: No direct impact mentioned.
• Suppliers: No direct impact mentioned.
• Creditors: No direct impact mentioned.

Next Steps

• Settlement of 2025 Annual Restricted Stock Units within 60 days following July 1, 2027.
• Settlement of 2025 Elective Restricted Stock Units within 60 days following their respective quarterly vesting dates, ending July 1, 2026.

Key Dates

Recommendation

Keywords

Moelis & Co, MC, Laila Worrell, Form 4, SEC filing, Restricted Stock Units, RSU, insider transaction, director compensation, equity grant, beneficial ownership