Form 4: Moelis & Co. Executive Eric Cantor Reports Acquisition of Restricted Stock Units
SEC Form 4 Filing
Eric Cantor, Vice Chairman and Managing Director of Moelis & Co., reports the acquisition of vested and long-term incentive restricted stock units (RSUs) on February 13, 2025, according to a Form 4 filing.
Summary
- Eric Cantor, Vice Chairman, MD of Moelis & Co., filed a Form 4 on February 14, 2025, reporting transactions related to the company's stock.
- On February 13, 2025, Cantor acquired 15,302 vested incentive RSUs and 6,375 long-term incentive RSUs.
- These RSUs represent the right to receive either Class A common stock or an equivalent cash amount at Moelis & Company's discretion.
- The vested incentive RSUs are delivered in equal installments from February 23, 2026, to February 23, 2030, and are subject to sale and non-compete restrictions.
- The long-term incentive RSUs vest in equal installments on February 23, 2028, February 23, 2029, and February 23, 2030.
- The RSUs were granted pursuant to the Moelis & Company 2024 Omnibus Incentive Plan.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment.
Positives
- The grant of RSUs aligns executive compensation with the long-term performance of Moelis & Co.
Future Outlook
The document does not contain specific forward-looking statements beyond the vesting and delivery schedules of the RSUs.
Industry Context
Form 4 filings are standard disclosures for corporate insiders and provide transparency into their transactions in company stock. This filing indicates ongoing equity-based compensation practices at Moelis & Co.
Stakeholder Impact
- The RSU grants may incentivize the executive to focus on long-term value creation for shareholders.
Key Dates
| Date | Description |
|---|---|
| 02/13/2025 | Date of RSU acquisition |
| 02/14/2025 | Date of Form 4 filing |
| 02/23/2026 | First delivery date for vested incentive RSUs |
| 02/23/2027 | Second delivery date for vested incentive RSUs |
| 02/23/2028 | Third delivery date for vested incentive RSUs and first vesting date for long-term incentive RSUs |
| 02/23/2029 | Fourth delivery date for vested incentive RSUs and second vesting date for long-term incentive RSUs |
| 02/23/2030 | Final delivery date for vested incentive RSUs and final vesting date for long-term incentive RSUs |
Keywords
Form 4, Moelis & Co, Eric Cantor, Restricted Stock Units, RSUs, Incentive Plan, Equity Compensation
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