Moelis counsel receives small RSU dividend awards
Moelis & Co General Counsel and Secretary Osamu R. Watanabe reported awards of additional restricted stock units tied to prior equity grants.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Form Type
4
Rhea-AI Filing Summary
Moelis & Co General Counsel and Secretary Osamu R. Watanabe reported awards of additional restricted stock units tied to prior equity grants. On June 18, 2026, he acquired small amounts of 2021–2025 Incentive RSUs and 2025 Special Incentive RSUs as dividend equivalents on his unvested RSUs.
Each RSU represents the right to receive either one share of Moelis & Co Class A common stock or cash equal to its fair market value upon settlement. The dividend equivalent RSUs will vest on the same schedule as the underlying unvested Incentive RSUs from the 2021–2026 grant years.
Insider Trade Summary
Grant/Award: 229.69 shares
Grant/Award
6 txns
Insider
WATANABE OSAMU R.
Role
General Counsel, Secretary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | 2021 Incentive RSUs | 20.53 | $0.00 | $0.00 |
| Grant/Award | 2022 Incentive RSUs | 39.15 | $0.00 | $0.00 |
| Grant/Award | 2023 Incentive RSUs | 46.5 | $0.00 | $0.00 |
| Grant/Award | 2024 Incentive RSUs | 51.47 | $0.00 | $0.00 |
| Grant/Award | 2025 Incentive RSUs | 58.45 | $0.00 | $0.00 |
| Grant/Award | 2025 Special Incentive RSUs | 13.59 | $0.00 | $0.00 |
Holdings After Transaction:
2021 Incentive RSUs — 2,142.72 contracts (Direct);
2022 Incentive RSUs — 4,085.74 contracts (Direct);
2023 Incentive RSUs — 4,852.62 contracts (Direct);
2024 Incentive RSUs — 5,370.89 contracts (Direct);
2025 Incentive RSUs — 6,099.46 contracts (Direct);
2025 Special Incentive RSUs — 1,417.86 contracts (Direct)
Footnotes (7)
- F1. Each Restricted Stock Unit (RSU) represents the right to receive upon settlement either, at Moelis & Company's option, a share of Class A common stock or an amount of cash equal to the fair market value of such share.
- F2. Incentive RSUs were issued as dividend equivalents on holder's unvested underlying Incentive RSUs issued on February 17, 2022 (and dividend equivalents subsequently issued thereon). The dividend equivalent Incentive RSUs will vest concurrently with the vesting of the unvested underlying Incentive RSUs.
- F3. Incentive RSUs were issued as dividend equivalents on holder's unvested underlying Incentive RSUs issued on February 16, 2023 (and dividend equivalents subsequently issued thereon). The dividend equivalent Incentive RSUs will vest concurrently with the vesting of the unvested underlying Incentive RSUs.
- F4. Incentive RSUs were issued as dividend equivalents on holder's unvested underlying Incentive RSUs issued on February 15, 2024 (and dividend equivalents subsequently issued thereon). The dividend equivalent Incentive RSUs will vest concurrently with the vesting of the unvested underlying Incentive RSUs.
- F5. Incentive RSUs were issued as dividend equivalents on holder's unvested underlying Incentive RSUs issued on February 13, 2025 (and dividend equivalents subsequently issued thereon). The dividend equivalent Incentive RSUs will vest concurrently with the vesting of the unvested underlying Incentive RSUs.
- F6. Incentive RSUs were issued as dividend equivalents on holder's unvested underlying Incentive RSUs issued on February 12, 2026 (and dividend equivalents subsequently issued thereon). The dividend equivalent Incentive RSUs will vest concurrently with the vesting of the unvested underlying Incentive RSUs.
- F7. Special Incentive RSUs were issued as dividend equivalents on holder's unvested underlying Incentive RSUs issued on February 12, 2026 (and dividend equivalents subsequently issued thereon). The dividend equivalent Incentive RSUs will vest concurrently with the vesting of the unvested underlying Incentive RSUs.
Key Figures
2025 Special Incentive RSUs granted: 13.5900 RSUs
2025 Incentive RSUs granted: 58.4500 RSUs
2024 Incentive RSUs granted: 51.4700 RSUs
+5 more
8 metrics
2025 Special Incentive RSUs granted
13.5900 RSUs
Award dated June 18, 2026
2025 Incentive RSUs granted
58.4500 RSUs
Dividend equivalent RSUs
2024 Incentive RSUs granted
51.4700 RSUs
Dividend equivalent RSUs
2023 Incentive RSUs granted
46.5000 RSUs
Dividend equivalent RSUs
2022 Incentive RSUs granted
39.1500 RSUs
Dividend equivalent RSUs
2021 Incentive RSUs granted
20.5300 RSUs
Dividend equivalent RSUs
Holdings after 2025 Incentive RSU grant
6099.4600 RSUs
Total following 58.4500-unit award
Holdings after 2022 Incentive RSU grant
4085.7400 RSUs
Total following 39.1500-unit award
Key Terms
Restricted Stock Unit (RSU), dividend equivalents, Class A common stock, Incentive RSUs, +1 more
5 terms
Restricted Stock Unit (RSU) financial
"Each Restricted Stock Unit (RSU) represents the right to receive upon settlement either..."
A restricted stock unit (RSU) is a promise from a company to give an employee company shares (or cash equal to their value) at a future date if certain conditions are met, such as staying with the company or hitting performance targets. For investors, RSUs matter because when they convert into actual shares they increase the number of shares available and can create selling pressure as employees cash out—think of them as a future paycheck paid in company stock.
dividend equivalents financial
"Incentive RSUs were issued as dividend equivalents on holder's unvested underlying Incentive RSUs..."
Payments tied to employee or contractor equity awards that mirror the cash dividends paid on the company’s stock; they give the holder the same economic benefit as owning the shares without transferring actual shares—often paid in cash or additional award units when the award becomes payable. Investors care because these payments affect a company’s compensation costs, cash flow and potential share dilution, and they signal how management is being rewarded and aligned with shareholders.
Class A common stock financial
"a share of Class A common stock or an amount of cash equal to the fair market value..."
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
Incentive RSUs financial
"Incentive RSUs were issued as dividend equivalents on holder's unvested underlying Incentive RSUs..."
Special Incentive RSUs financial
"Special Incentive RSUs were issued as dividend equivalents on holder's unvested underlying Incentive RSUs..."
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did Moelis & Co (MC) report in this Form 4?
The filing shows Osamu R. Watanabe received several small grants of restricted stock units as dividend equivalents on existing unvested Incentive RSUs, all dated June 18, 2026, rather than buying or selling Moelis & Co shares in the open market.
Who is the insider involved in this Moelis & Co (MC) Form 4 filing?
The reporting person is Osamu R. Watanabe, who serves as General Counsel and Secretary of Moelis & Co. The transactions reflect equity-based compensation grants in the form of additional restricted stock units linked to his existing unvested awards.
What types of securities were granted to the Moelis & Co (MC) insider?
The insider received 2021–2025 Incentive RSUs and 2025 Special Incentive RSUs. Each Restricted Stock Unit represents the right to receive either one share of Class A common stock or cash equal to that share’s fair market value when the units settle in the future.
How many restricted stock units were granted in the largest Moelis & Co (MC) award?
The largest single grant was 58.450 Incentive RSUs tied to 2025 Incentive RSUs. Other awards ranged from 13.590 Special Incentive RSUs to 51.470, 46.500, 39.150, and 20.530 Incentive RSUs, all issued as dividend equivalents on unvested underlying RSUs.
How do the Moelis & Co (MC) dividend equivalent RSUs vest for the insider?
The dividend equivalent Incentive RSUs will vest concurrently with the unvested underlying Incentive RSUs. These underlying RSUs were originally granted in February of 2022, 2023, 2024, 2025, and 2026, and the dividend equivalents follow the same vesting timetable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
