MC.NYSEMoelis & CO

Form 4: Moelis & Co: Former CFO Joseph Simon Reports Incentive RSU Transaction

Sentiment:

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Joseph Simon, former CFO of Moelis & Co, reports a transaction involving incentive Restricted Stock Units (RSUs) as dividend equivalents.

Summary

  • Joseph Simon, the former Chief Financial Officer of Moelis & Co, filed a Form 4 with the SEC.
  • The filing reports a transaction involving incentive Restricted Stock Units (RSUs) that were issued as dividend equivalents on unvested underlying incentive RSUs issued on February 19, 2021.
  • On March 27, 2025, 47.48 incentive RSUs were acquired as dividend equivalents.
  • These RSUs will vest concurrently with the vesting of the unvested underlying incentive RSUs.
  • Following the reported transaction, Simon directly owns 4,405.11 derivative securities.
  • Each RSU represents the right to receive either a share of Class A common stock or an amount of cash equal to the fair market value of such share, at Moelis & Company's option.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing related to executive compensation, indicating a neutral sentiment.

Future Outlook

Not applicable.

Industry Context

This filing is a routine disclosure related to executive compensation and holdings, common in the financial services industry.

Stakeholder Impact

  • The transaction affects the reported holdings of a former executive, which is relevant to shareholders.

Key Dates

DateDescription
02/19/2021Date of issuance of underlying incentive RSUs.
03/27/2025Date of transaction: Acquisition of incentive RSUs as dividend equivalents.
03/31/2025Date of signature for the Form 4 filing.

Keywords

Form 4, Moelis & Co, Joseph Simon, Incentive RSUs, Dividend Equivalents, SEC Filing, MC

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