Form 4: Moelis & Co. Executive Eric Cantor Reports Acquisition of Dividend Equivalent RSUs

Eric Cantor, Vice Chairman and Managing Director of Moelis & Co., reports the acquisition of dividend equivalent Restricted Stock Units (RSUs) related to previously granted incentive plans.

Summary

• On March 28, 2024, Eric Cantor, Vice Chairman and Managing Director of Moelis & Co., reported the acquisition of dividend equivalent Restricted Stock Units (RSUs).
• These RSUs are related to incentive plans from 2019, 2020, 2021, 2022 and 2023 and 2024.
• The dividend equivalent RSUs vest concurrently with the vesting of the underlying incentive RSUs.
• The price of each derivative security is $0.
• The total dividend equivalent RSUs acquired are 34.21 for 2019 Incentive RSUs, 104.78 for 2020 Incentive RSUs, 144.57 for 2021 Incentive RSUs, 204.47 for 2022 Incentive RSUs, 341.92 for 2023 Incentive RSUs and 328.79 for 2024 Incentive RSUs.
• Following the transaction, Cantor beneficially owns 3,271.16 RSUs from 2019, 10,018.99 RSUs from 2020, 13,823.09 RSUs from 2021, 19,551.09 RSUs from 2022, 32,693.4 RSUs from 2023 and 31,437.79 RSUs from 2024.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive as it reflects standard executive compensation practices and alignment of interests. There are no indications of negative events or concerns.

Positives

• The acquisition of dividend equivalent RSUs indicates continued alignment of the executive's interests with those of the shareholders.

Industry Context

Form 4 filings are a routine part of executive compensation and provide transparency into the holdings of company insiders.

Stakeholder Impact

• The transaction has a minor positive impact on stakeholders as it reinforces the alignment of management's interests with those of the shareholders.

Key Dates