Moelis general counsel granted dividend RSUs
Moelis & Co granted its General Counsel dividend-equivalent RSU awards tied to existing unvested Incentive RSUs, increasing his equity-based compensation exposure.
Rhea-AI Filing Summary
Moelis & Co (MC) reported that its General Counsel and Secretary, Osamu R. Watanabe, received several Incentive RSU and Special Incentive RSU awards on September 17, 2026 as grant/award acquisitions. These RSUs were issued as dividend equivalents on his unvested underlying Incentive RSUs from grant years 2021 through 2025 and a 2025 special grant, and will vest concurrently with those underlying awards. Each RSU represents the right to receive upon settlement either a share of Class A common stock or cash equal to the share’s fair market value, at the company’s option.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 261.72 shares
Grant/Award
6 txns
Insider
WATANABE OSAMU R.
Role
General Counsel, Secretary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | 2021 Incentive RSUs F1, F2 | 23.4 | $0.00 | $0.00 |
| Grant/Award | 2022 Incentive RSUs F1, F3 | 44.61 | $0.00 | $0.00 |
| Grant/Award | 2023 Incentive RSUs F1, F4 | 52.99 | $0.00 | $0.00 |
| Grant/Award | 2024 Incentive RSUs F1, F5 | 58.64 | $0.00 | $0.00 |
| Grant/Award | 2025 Incentive RSUs F1, F6 | 66.6 | $0.00 | $0.00 |
| Grant/Award | 2025 Special Incentive RSUs F1, F7 | 15.48 | $0.00 | $0.00 |
Holdings After Transaction:
2021 Incentive RSUs — 2,166.12 contracts (Direct);
2022 Incentive RSUs — 4,130.35 contracts (Direct);
2023 Incentive RSUs — 4,905.6 contracts (Direct);
2024 Incentive RSUs — 5,429.54 contracts (Direct);
2025 Incentive RSUs — 6,166.06 contracts (Direct);
2025 Special Incentive RSUs — 1,433.34 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
2021 Incentive RSUs granted: 23.4 RSUs
2021 Incentive RSUs held after grant: 2,166.12 RSUs
2025 Incentive RSUs granted: 66.6 RSUs
+5 more
8 metrics
2021 Incentive RSUs granted
23.4 RSUs
Grant/award acquisition on September 17, 2026
2021 Incentive RSUs held after grant
2,166.12 RSUs
Direct holdings after September 17, 2026 transaction
2025 Incentive RSUs granted
66.6 RSUs
Grant/award acquisition on September 17, 2026
2025 Incentive RSUs held after grant
6,166.06 RSUs
Direct holdings after September 17, 2026 transaction
2025 Special Incentive RSUs granted
15.48 RSUs
Grant/award acquisition on September 17, 2026
2025 Special Incentive RSUs held after grant
1,433.34 RSUs
Direct holdings after September 17, 2026 transaction
2022 Incentive RSUs granted
44.61 RSUs
Grant/award acquisition on September 17, 2026
2024 Incentive RSUs granted
58.64 RSUs
Grant/award acquisition on September 17, 2026
Key Terms
Restricted Stock Unit (RSU), dividend equivalents, fair market value, Class A common stock
4 terms
Restricted Stock Unit (RSU) financial
"Each Restricted Stock Unit (RSU) represents the right to receive upon settlement"
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"
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.
fair market value financial
"cash equal to the fair market value of such share"
The price a willing buyer and a willing seller would agree on for an asset or security when neither is under pressure and both have access to the same information. Think of it as the market’s neutral estimate of what something is worth, like the price two neighbors would settle on for a car after comparing similar listings. Investors care because fair market value guides buying and selling decisions, tax reporting, portfolio valuation, and how accurately company assets are reflected in financial statements.
Class A common stock financial
"a share of Class A common stock or an amount of cash"
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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What equity awards did Moelis & Co (MC) grant to Osamu R. Watanabe on September 17, 2026?
Moelis & Co granted Osamu R. Watanabe multiple Incentive RSU and Special Incentive RSU awards as grant/award acquisitions. These include small RSU amounts for each of the 2021–2025 incentive programs and a 2025 special incentive program, all structured as dividend-equivalent RSUs on his existing unvested awards.
How many 2025 Incentive RSUs and 2025 Special Incentive RSUs did the Moelis & Co (MC) officer receive?
On September 17, 2026, Osamu R. Watanabe received 66.6 2025 Incentive RSUs and 15.48 2025 Special Incentive RSUs. After these awards, his holdings in those series were 6,166.06 2025 Incentive RSUs and 1,433.34 2025 Special Incentive RSUs, all held directly.
What amounts of earlier-year Incentive RSUs did the Moelis & Co (MC) General Counsel acquire?
He acquired 23.4 2021 Incentive RSUs, 44.61 2022 Incentive RSUs, 52.99 2023 Incentive RSUs, and 58.64 2024 Incentive RSUs. Following these grants, his respective holdings in those series were 2,166.12, 4,130.35, 4,905.6, and 5,429.54 Incentive RSUs.
How do the Moelis & Co (MC) RSUs granted to Osamu R. Watanabe settle?
Each Restricted Stock Unit represents the right to receive upon settlement either, at Moelis & Co’s option, a share of Class A common stock or cash equal to the fair market value of such share. This applies to the Incentive RSUs and Special Incentive RSUs reported in this filing.
What does it mean that the Moelis & Co (MC) RSUs are dividend equivalents?
The reported Incentive and Special Incentive RSUs were issued as dividend equivalents on the officer’s unvested underlying Incentive RSUs from specified February grant dates. These dividend-equivalent RSUs will vest concurrently with the vesting of the related unvested underlying Incentive RSUs.
Were the Moelis & Co (MC) RSU transactions made under a Rule 10b5-1 trading plan?
No. The filing indicates no Rule 10b5-1 trading plan for these transactions. They are characterized as grant/award acquisitions of Incentive RSUs and Special Incentive RSUs rather than open-market trades.
AI-generated analysis. How Rhea-AI works. Not financial advice.
