[8-K] MOELIS & COMPANY Reports Material Event
Moelis & Company (NYSE: MC) filed a Form 8-K on July 1, 2025 announcing the election of Thorold Barker as an independent director, effective the same day. The Board confirmed that Barker meets both NYSE independence standards and SEC Rule 10A-3 criteria and immediately appointed him to all Board committees.
Under the firm’s standard non-employee director program, Barker will receive total annual compensation of $200,000, split between (i) $100,000 in cash and/or Class A shares at his discretion and (ii) $100,000 in fully vested Restricted Stock Units that will settle two years after grant (initial grant settles no later than 60 days after July 1, 2026). He will also be reimbursed for reasonable meeting expenses and has executed the company’s customary indemnification agreement.
The company furnished a press release as Exhibit 99.1 under Item 7.01 but disclosed no financial results, strategic transactions, or other material events.
Moelis & Company (NYSE: MC) ha depositato un modulo Form 8-K il 1° luglio 2025 annunciando l'elezione di Thorold Barker come direttore indipendente, con effetto immediato. Il Consiglio ha confermato che Barker soddisfa sia gli standard di indipendenza della NYSE sia i criteri della Regola SEC 10A-3, nominandolo immediatamente in tutte le commissioni del Consiglio.
Secondo il programma standard per direttori non dipendenti della società, Barker riceverà una retribuzione annua totale di 200.000 dollari, suddivisa tra (i) 100.000 dollari in contanti e/o azioni di Classe A a sua discrezione e (ii) 100.000 dollari in Unità Azionarie Vincolate completamente maturate, che saranno liquidate due anni dopo la concessione (la concessione iniziale sarà liquidata entro 60 giorni dal 1° luglio 2026). Riceverà inoltre il rimborso delle spese ragionevoli per le riunioni e ha sottoscritto l'accordo di indennizzo consueto della società.
La società ha fornito un comunicato stampa come Allegato 99.1 ai sensi della voce 7.01, ma non ha divulgato risultati finanziari, transazioni strategiche o altri eventi rilevanti.
Moelis & Company (NYSE: MC) presentó un Formulario 8-K el 1 de julio de 2025 anunciando la elección de Thorold Barker como director independiente, con efecto inmediato. La Junta confirmó que Barker cumple con los estándares de independencia de la NYSE y con los criterios de la Regla 10A-3 de la SEC, y lo nombró de inmediato en todas las comités de la Junta.
Bajo el programa estándar para directores no empleados de la empresa, Barker recibirá una compensación anual total de 200,000 dólares, dividida entre (i) 100,000 dólares en efectivo y/o acciones de Clase A a su discreción y (ii) 100,000 dólares en Unidades de Acciones Restringidas totalmente adquiridas que se liquidarán dos años después de la concesión (la concesión inicial se liquidará a más tardar 60 días después del 1 de julio de 2026). También se le reembolsarán los gastos razonables de reuniones y ha firmado el acuerdo de indemnización habitual de la empresa.
La empresa proporcionó un comunicado de prensa como Anexo 99.1 bajo el Punto 7.01, pero no divulgó resultados financieros, transacciones estratégicas ni otros eventos materiales.
Moelis & Company (NYSE: MC)는 2025년 7월 1일에 Form 8-K를 제출하며 Thorold Barker를 독립 이사로 선임했다고 발표했습니다. 이는 같은 날부터 발효됩니다. 이사회는 Barker가 NYSE 독립성 기준과 SEC 규칙 10A-3 기준을 모두 충족한다고 확인했으며 즉시 그를 모든 이사회 위원회에 임명했습니다.
회사의 표준 비직원 이사 프로그램에 따라 Barker는 연간 총 보수 200,000달러를 받게 되며, 이는 (i) 100,000달러의 현금 및/또는 클래스 A 주식을 그의 재량에 따라 선택 가능하며, (ii) 100,000달러 상당의 완전 취득 제한 주식 단위가 포함되며, 이는 부여 후 2년 후에 정산됩니다(초기 부여는 2026년 7월 1일 이후 60일 이내에 정산됨). 또한 합리적인 회의 비용이 환급되며 회사의 통상적인 면책 계약서에 서명했습니다.
회사는 항목 7.01에 따라 부속서 99.1로 보도자료를 제출했으나, 재무 결과, 전략적 거래 또는 기타 주요 사건은 공개하지 않았습니다.
Moelis & Company (NYSE : MC) a déposé un formulaire 8-K le 1er juillet 2025 annonçant l’élection de Thorold Barker en tant qu’administrateur indépendant, avec effet immédiat. Le conseil d’administration a confirmé que Barker répond aux critères d’indépendance de la NYSE ainsi qu’à la règle 10A-3 de la SEC, et l’a immédiatement nommé à toutes les commissions du conseil.
Dans le cadre du programme standard pour administrateurs non salariés de la société, Barker recevra une rémunération annuelle totale de 200 000 dollars, répartie entre (i) 100 000 dollars en espèces et/ou en actions de Classe A à sa discrétion, et (ii) 100 000 dollars en unités d’actions restreintes entièrement acquises, qui seront réglées deux ans après leur attribution (l’attribution initiale sera réglée au plus tard 60 jours après le 1er juillet 2026). Il sera également remboursé des frais raisonnables de réunion et a signé l’accord d’indemnisation habituel de la société.
La société a fourni un communiqué de presse en tant qu’Exhibit 99.1 sous l’item 7.01, sans divulguer de résultats financiers, de transactions stratégiques ou d’autres événements importants.
Moelis & Company (NYSE: MC) reichte am 1. Juli 2025 ein Formular 8-K ein und gab die Wahl von Thorold Barker als unabhängigen Direktor bekannt, wirksam am selben Tag. Der Vorstand bestätigte, dass Barker sowohl die NYSE-Unabhängigkeitsstandards als auch die SEC-Regel 10A-3 erfüllt und ernannte ihn sofort in alle Ausschüsse des Vorstands.
Im Rahmen des Standardprogramms für nicht angestellte Direktoren des Unternehmens erhält Barker eine jährliche Gesamtvergütung von 200.000 US-Dollar, aufgeteilt in (i) 100.000 US-Dollar in bar und/oder Class-A-Aktien nach seinem Ermessen und (ii) 100.000 US-Dollar in vollständig unverfallbaren Restricted Stock Units, die zwei Jahre nach der Gewährung abgerechnet werden (die Erstzuteilung wird spätestens 60 Tage nach dem 1. Juli 2026 abgerechnet). Er erhält außerdem eine Erstattung angemessener Sitzungskosten und hat die übliche Entschädigungsvereinbarung des Unternehmens unterzeichnet.
Das Unternehmen stellte eine Pressemitteilung als Anlage 99.1 unter Punkt 7.01 bereit, veröffentlichte jedoch keine Finanzergebnisse, strategische Transaktionen oder sonstige wesentliche Ereignisse.
- None.
- None.
Insights
TL;DR: Routine addition of an independent director marginally strengthens governance; financial or valuation impact is negligible.
Barker’s appointment satisfies independence requirements and places him on every committee, modestly enhancing oversight and audit integrity. Compensation is within market norms and largely equity-linked, aligning director interests with shareholders. The indemnification agreement mirrors existing board contracts, so no incremental risk arises. Given the absence of strategic or financial disclosures, the filing is best viewed as a governance housekeeping item rather than a catalyst for Moelis’s share price.
TL;DR: Governance neutral; no earnings or strategic data—unlikely to influence MC’s investment thesis.
From a portfolio perspective, the change neither alters cash flows nor signals capital allocation shifts. While an engaged, independent director can improve long-term board effectiveness, such benefits are intangible and slow to surface. With no accompanying financial guidance or operational updates, I categorize the event as non-impactful for position sizing or risk budgets.
Moelis & Company (NYSE: MC) ha depositato un modulo Form 8-K il 1° luglio 2025 annunciando l'elezione di Thorold Barker come direttore indipendente, con effetto immediato. Il Consiglio ha confermato che Barker soddisfa sia gli standard di indipendenza della NYSE sia i criteri della Regola SEC 10A-3, nominandolo immediatamente in tutte le commissioni del Consiglio.
Secondo il programma standard per direttori non dipendenti della società, Barker riceverà una retribuzione annua totale di 200.000 dollari, suddivisa tra (i) 100.000 dollari in contanti e/o azioni di Classe A a sua discrezione e (ii) 100.000 dollari in Unità Azionarie Vincolate completamente maturate, che saranno liquidate due anni dopo la concessione (la concessione iniziale sarà liquidata entro 60 giorni dal 1° luglio 2026). Riceverà inoltre il rimborso delle spese ragionevoli per le riunioni e ha sottoscritto l'accordo di indennizzo consueto della società.
La società ha fornito un comunicato stampa come Allegato 99.1 ai sensi della voce 7.01, ma non ha divulgato risultati finanziari, transazioni strategiche o altri eventi rilevanti.
Moelis & Company (NYSE: MC) presentó un Formulario 8-K el 1 de julio de 2025 anunciando la elección de Thorold Barker como director independiente, con efecto inmediato. La Junta confirmó que Barker cumple con los estándares de independencia de la NYSE y con los criterios de la Regla 10A-3 de la SEC, y lo nombró de inmediato en todas las comités de la Junta.
Bajo el programa estándar para directores no empleados de la empresa, Barker recibirá una compensación anual total de 200,000 dólares, dividida entre (i) 100,000 dólares en efectivo y/o acciones de Clase A a su discreción y (ii) 100,000 dólares en Unidades de Acciones Restringidas totalmente adquiridas que se liquidarán dos años después de la concesión (la concesión inicial se liquidará a más tardar 60 días después del 1 de julio de 2026). También se le reembolsarán los gastos razonables de reuniones y ha firmado el acuerdo de indemnización habitual de la empresa.
La empresa proporcionó un comunicado de prensa como Anexo 99.1 bajo el Punto 7.01, pero no divulgó resultados financieros, transacciones estratégicas ni otros eventos materiales.
Moelis & Company (NYSE: MC)는 2025년 7월 1일에 Form 8-K를 제출하며 Thorold Barker를 독립 이사로 선임했다고 발표했습니다. 이는 같은 날부터 발효됩니다. 이사회는 Barker가 NYSE 독립성 기준과 SEC 규칙 10A-3 기준을 모두 충족한다고 확인했으며 즉시 그를 모든 이사회 위원회에 임명했습니다.
회사의 표준 비직원 이사 프로그램에 따라 Barker는 연간 총 보수 200,000달러를 받게 되며, 이는 (i) 100,000달러의 현금 및/또는 클래스 A 주식을 그의 재량에 따라 선택 가능하며, (ii) 100,000달러 상당의 완전 취득 제한 주식 단위가 포함되며, 이는 부여 후 2년 후에 정산됩니다(초기 부여는 2026년 7월 1일 이후 60일 이내에 정산됨). 또한 합리적인 회의 비용이 환급되며 회사의 통상적인 면책 계약서에 서명했습니다.
회사는 항목 7.01에 따라 부속서 99.1로 보도자료를 제출했으나, 재무 결과, 전략적 거래 또는 기타 주요 사건은 공개하지 않았습니다.
Moelis & Company (NYSE : MC) a déposé un formulaire 8-K le 1er juillet 2025 annonçant l’élection de Thorold Barker en tant qu’administrateur indépendant, avec effet immédiat. Le conseil d’administration a confirmé que Barker répond aux critères d’indépendance de la NYSE ainsi qu’à la règle 10A-3 de la SEC, et l’a immédiatement nommé à toutes les commissions du conseil.
Dans le cadre du programme standard pour administrateurs non salariés de la société, Barker recevra une rémunération annuelle totale de 200 000 dollars, répartie entre (i) 100 000 dollars en espèces et/ou en actions de Classe A à sa discrétion, et (ii) 100 000 dollars en unités d’actions restreintes entièrement acquises, qui seront réglées deux ans après leur attribution (l’attribution initiale sera réglée au plus tard 60 jours après le 1er juillet 2026). Il sera également remboursé des frais raisonnables de réunion et a signé l’accord d’indemnisation habituel de la société.
La société a fourni un communiqué de presse en tant qu’Exhibit 99.1 sous l’item 7.01, sans divulguer de résultats financiers, de transactions stratégiques ou d’autres événements importants.
Moelis & Company (NYSE: MC) reichte am 1. Juli 2025 ein Formular 8-K ein und gab die Wahl von Thorold Barker als unabhängigen Direktor bekannt, wirksam am selben Tag. Der Vorstand bestätigte, dass Barker sowohl die NYSE-Unabhängigkeitsstandards als auch die SEC-Regel 10A-3 erfüllt und ernannte ihn sofort in alle Ausschüsse des Vorstands.
Im Rahmen des Standardprogramms für nicht angestellte Direktoren des Unternehmens erhält Barker eine jährliche Gesamtvergütung von 200.000 US-Dollar, aufgeteilt in (i) 100.000 US-Dollar in bar und/oder Class-A-Aktien nach seinem Ermessen und (ii) 100.000 US-Dollar in vollständig unverfallbaren Restricted Stock Units, die zwei Jahre nach der Gewährung abgerechnet werden (die Erstzuteilung wird spätestens 60 Tage nach dem 1. Juli 2026 abgerechnet). Er erhält außerdem eine Erstattung angemessener Sitzungskosten und hat die übliche Entschädigungsvereinbarung des Unternehmens unterzeichnet.
Das Unternehmen stellte eine Pressemitteilung als Anlage 99.1 unter Punkt 7.01 bereit, veröffentlichte jedoch keine Finanzergebnisse, strategische Transaktionen oder sonstige wesentliche Ereignisse.
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM
CURRENT REPORT
Pursuant to Section 13 or 15(d)
of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported):
(Exact name of Registrant as Specified in Its Charter)
| (State or Other Jurisdiction of Incorporation) |
(Commission File Number) |
(IRS Employer Identification No.) | ||
| |
||||
| (Address of Principal Executive Offices) | (Zip Code) | |||
Registrant’s Telephone Number, Including Area Code:
(Former Name or Former Address, if Changed Since Last Report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
| Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
| Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
| Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
| Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Securities registered pursuant to Section 12(b) of the Act:
| Title of each class |
Trading |
Name of each exchange | ||
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter).
Emerging growth company
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
| Item 5.02 | Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. |
(d) On July 1, 2025, the Board of Directors elected Thorold Barker as a director of the Company. Mr. Barker will begin his term on July 1, 2025. The Board has determined that Mr. Barker is “independent” as that term is defined under the NYSE listing rules for purposes of serving on the Board and committees and that he also satisfies the independence criteria set forth in Rule 10A-3 of the Securities Exchange Act, as amended. The Board of Directors has elected Mr. Barker to each of the Board’s committees.
As a non-employee director of the Company, Mr. Barker will be eligible to receive annual compensation of $200,000 (comprised of $100,000 in either cash or shares of Class A common stock or a combination of both at his option, and $100,000 in the form of Restricted Stock Units which vest upon grant and are settled following the second anniversary of grant (except for the initial grant which will be settled no later than 60 days from July 1, 2026). The Company also reimburses non-employee directors for expenses incurred in connection with attending Board and committee meetings. In addition, Mr. Barker and the Company have entered into an indemnification agreement substantially in the form attached as Exhibit 10.1 to the Registration Statement on Form S-1 (File No. 333- 200035) filed by the Company with the Securities and Exchange Commission on November 10, 2014.
| Item 7.01 | Regulation FD Disclosure |
On July 1, 2025, the Company issued a press release announcing the election of Mr. Barker to the Board. A copy of the press release is furnished as Exhibit 99.1 to this Current Report on Form 8-K.
| Item 9.01 | Financial Statements and Exhibits. |
| (c) | Exhibits |
| Exhibit |
Description | |
| 99.1 | Press release of Moelis & Company dated July 1, 2025. | |
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document). | |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| MOELIS & COMPANY | ||||||
| Date: July 1, 2025 | By: | /s/ Osamu Watanabe | ||||
| Name: | Osamu Watanabe | |||||
| Title: | General Counsel and Secretary | |||||
FAQ
Who was appointed to Moelis & Company’s Board on July 1, 2025?
Is Thorold Barker considered independent under NYSE rules?
What compensation will Thorold Barker receive as a Moelis director?
Will Barker serve on any committees of the Moelis Board?
Did the 8-K include any earnings or transaction updates for MC?
