Form 4: Moelis & Co. Executive Eric Cantor Reports Stock Transactions Following RSU Settlement
SEC Form 4 Filing
Eric Cantor, Vice Chairman and Managing Director of Moelis & Co., reports the acquisition and disposal of Class A Common Stock following the settlement of Restricted Stock Units (RSUs) on February 19, 2025.
Summary
- On February 19, 2025, Eric Cantor, Vice Chairman and Managing Director of Moelis & Co., acquired 37,612.5 shares of Class A Common Stock upon the settlement of Restricted Stock Units (RSUs).
- Cantor then sold 16,530 shares of Class A Common Stock at $74 per share to cover tax obligations arising from the RSU settlement.
- The transactions resulted in Cantor directly owning 218,805 shares of Class A Common Stock.
- The reported transactions also involved the settlement of various incentive restricted stock units from 2019 to 2023, resulting in the acquisition of Class A Common Stock.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing detailing stock transactions by an executive. It doesn't inherently convey positive or negative sentiment.
Industry Context
Form 4 filings are standard practice for company insiders to report transactions in their company's stock, providing transparency to investors.
Stakeholder Impact
- The transactions provide transparency to shareholders regarding executive stock ownership.
Key Dates
| Date | Description |
|---|---|
| 02/19/2025 | Date of earliest transaction, including RSU settlement and stock sales. |
| 02/21/2025 | Date of signature on the Form 4 filing. |
Keywords
Form 4, Moelis & Co, Eric Cantor, RSU, Class A Common Stock, Beneficial Ownership, Securities Exchange Act, Transaction
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