[Form 4] Moelis & Co Insider Trading Activity

Rhea-AI Filing Summary

Eric Cantor, Vice Chairman and Director of Moelis & Co (MC), received dividend-equivalent Restricted Stock Units (RSUs) that increased his beneficial ownership on 09/18/2025. The Form 4 shows grant-like entries for dividend-equivalent Incentive RSUs tied to prior award years 2020 through 2024 and for 2024 Long Term Incentive RSUs. Reported incremental amounts include 60.74, 114.54, 215.48, 221.02, 130.81 and 54.5 units respectively, with resulting beneficial ownership totals shown as 7,325.74, 13,815.16, 25,990.31, 26,658.28, 15,777.26 and 6,573 for each corresponding award line. Each RSU represents the right to receive either a share of Class A common stock or cash equal to its fair market value, and the dividend-equivalent RSUs will vest concurrent with the underlying unvested awards.

Positive

• Beneficial ownership increased through issuance of dividend-equivalent RSUs across multiple award vintages on 09/18/2025.
• Dividend-equivalent RSUs vest with underlying awards, preserving original vesting schedules and alignment with long-term incentives.

Negative

• None.

Insights

Securities Analyst

TL;DR: Insider received dividend-equivalent RSUs that modestly increase holdings; transactions are routine compensation adjustments.

The Form 4 documents dividend-equivalent Restricted Stock Units credited on 09/18/2025 to Eric Cantor, reflecting additional units tied to previously granted incentive awards from 2020 through 2024 and a 2024 long-term incentive award. These entries are recorded as acquisitions (code A) with zero cash price, consistent with stock-unit dividend equivalents rather than market purchases. For investors, this is a governance/compensation disclosure rather than a market-moving directional trade; it increases reported beneficial ownership but does not indicate cash purchase or sale.

Compensation & Governance Specialist

TL;DR: The filing records routine dividend-equivalent accruals that vest with underlying awards; no exercise or sales activity is reported.

The detailed explanation states each Restricted Stock Unit entitles the holder to a share or cash equal to fair market value and that the dividend equivalents vest concurrently with their underlying unvested awards. Multiple award vintages are affected and ownership totals per award line are provided, implying administrative crediting of units. This is a standard plan administration event, relevant for disclosure of director/officer compensation timing but not indicative of altered incentive alignment beyond the existing award terms.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
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hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Cantor Eric

(Last) (First) (Middle)

C/O MOELIS & COMPANY

399 PARK AVE, 5TH FLOOR

(Street)

NEW YORK NY 10022

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Moelis & Co [ MC ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Vice Chairman, MD

3. Date of Earliest Transaction (Month/Day/Year)
09/18/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
2020 Incentive RSUs	$0(1)	09/18/2025		A		60.74		(2)	(2)	Class A Common Stock	60.74	$0	7,325.74	D
2021 Incentive RSUs	$0(1)	09/18/2025		A		114.54		(3)	(3)	Class A Common Stock	114.54	$0	13,815.16	D
2022 Incentive RSUs	$0(1)	09/18/2025		A		215.48		(4)	(4)	Class A Common Stock	215.48	$0	25,990.31	D
2023 Incentive RSUs	$0(1)	09/18/2025		A		221.02		(5)	(5)	Class A Common Stock	221.02	$0	26,658.28	D
2024 Incentive RSUs	$0(1)	09/18/2025		A		130.81		(6)	(6)	Class A Common Stock	130.81	$0	15,777.26	D
2024 Long Term Incentive RSUs	$0(1)	09/18/2025		A		54.5		(7)	(7)	Class A Common Stock	54.5	$0	6,573	D

Explanation of Responses:

1. Each Restricted Stock Unit 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.

2. Incentive RSUs were issued as dividend equivalents on holder's unvested underlying Incentive RSUs issued on February 19, 2021 (and dividend equivalents subsequently issued thereon). The dividend equivalent Incentive RSUs will vest concurrently with the vesting of the unvested underlying Incentive RSUs.

3. 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.

4. 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.

5. 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.

6. 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.

7. Long Term 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 Long Term Incentive RSUs will vest concurrently with the vesting of the unvested underlying Long Term Incentive RSUs.

	o /s/ Osamu Watanabe as attorney-in-fact for Eric Cantor	09/19/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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FAQ

What did Eric Cantor report on Form 4 for Moelis & Co (MC)?

The Form 4 reports acquisition of dividend-equivalent Restricted Stock Units credited on 09/18/2025 tied to Incentive RSUs from 2020–2024 and a 2024 Long Term Incentive award.

How many dividend-equivalent units were recorded for the 2022 Incentive RSUs?

The filing shows 215.48 dividend-equivalent units for the 2022 Incentive RSUs, with a resulting beneficial ownership total of 25,990.31 for that award line.

Did Eric Cantor purchase or sell shares in this filing?

No market purchase or sale is reported; the entries are recorded as acquisitions (dividend-equivalent RSUs) with a $0 price, not cash transactions.

Do the new RSUs vest immediately?

No. The explanation states the dividend-equivalent RSUs will vest concurrently with the underlying unvested Incentive or Long Term Incentive RSUs.