Katherine Pilcher Ciafone, Chief Operating Officer of Moelis & Co (NYSE:MC), filed a Form 4 on September 21, 2026, reporting the acquisition of dividend equivalent Restricted Stock Units on September 17, 2026.

Key Highlights

  • Reporting person: Katherine Pilcher Ciafone, identified as Chief Operating Officer of Moelis & Co.
  • 2021 Incentive RSUs acquired: 15.68 RSUs received as dividend equivalents, bringing her total 2021 Incentive RSU holdings to 1,451.54, held directly.
  • 2022 Incentive RSUs acquired: 44.61 RSUs received as dividend equivalents, bringing her total 2022 Incentive RSU holdings to 4,130.35, held directly.
  • Transaction code: A (acquisition) for both RSU grants, each with a price of $0.
  • Underlying security: Each RSU represents the right to receive, at Moelis & Company's option, one share of Class A Common Stock or an equivalent cash amount.
  • Vesting: Both sets of dividend equivalent RSUs will vest concurrently with the vesting of their respective unvested underlying Incentive RSUs.

Moelis & Co COO Receives Dividend Equivalent RSUs on Two Incentive Grants

According to the filing, Katherine Pilcher Ciafone, Chief Operating Officer of Moelis & Co, acquired two tranches of Incentive Restricted Stock Units on September 17, 2026, both classified as dividend equivalents on previously issued unvested RSUs. The transaction code for both entries is A, and the price per RSU is listed as $0.

The first tranche consists of 15.68 RSUs issued as dividend equivalents on unvested underlying Incentive RSUs originally issued on February 17, 2022, along with dividend equivalents subsequently issued on those units. Following this acquisition, the filing reports Ciafone's total holdings in 2021 Incentive RSUs at 1,451.54, held directly. The second tranche consists of 44.61 RSUs issued as dividend equivalents on unvested underlying Incentive RSUs originally issued on February 16, 2023, along with dividend equivalents subsequently issued on those units. Following this acquisition, her total holdings in 2022 Incentive RSUs are reported at 4,130.35, held directly.

The filing notes that each 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. Both sets of dividend equivalent RSUs will vest concurrently with the vesting of their respective unvested underlying Incentive RSUs, according to the filing. The Form 4 was signed by Osamu Watanabe as attorney-in-fact for Katherine Pilcher Ciafone and filed on September 21, 2026.

What Was Disclosed

The filing reports the acquisition of 15.68 and 44.61 dividend equivalent Incentive RSUs by Moelis & Co's COO on September 17, 2026, both at $0 price, resulting in total holdings of 1,451.54 and 4,130.35 RSUs in the respective grant series.