Thorold Barker, a director of Moelis & Co (NYSE:MC), filed a Form 4 on September 21, 2026, reporting the acquisition of restricted stock units issued as dividend equivalents on two separate tranches of annual RSUs.

Key Highlights

  • 2025 Annual RSU acquisition: Barker acquired 18.18 RSUs on September 17, 2026, issued as dividend equivalents on underlying Annual RSUs originally granted July 14, 2025.
  • 2026 Annual RSU acquisition: Barker acquired 16.87 RSUs on September 17, 2026, issued as dividend equivalents on underlying Annual RSUs originally granted July 1, 2026.
  • Resulting ownership - 2025 tranche: Following the transaction, Barker directly holds 1,683.43 of the 2025 Annual Restricted Stock Units.
  • Resulting ownership - 2026 tranche: Following the transaction, Barker directly holds 1,561.87 of the 2026 Annual Restricted Stock Units.
  • Vesting condition: According to the filing, the dividend equivalent RSUs will vest concurrently with the vesting of the underlying Annual RSUs.
  • RSU structure: Each Restricted Stock Unit represents the right to receive one share of Class A Common Stock, according to the filing.

Thorold Barker's Dividend Equivalent RSU Awards at Moelis & Co

According to the Form 4 filed with the SEC on September 21, 2026, Thorold Barker, identified as a director of Moelis & Co, reported two acquisitions of Restricted Stock Units dated September 17, 2026. Both acquisitions are coded as "A" (acquired) and are held directly. The filing lists no price associated with either acquisition, consistent with their nature as dividend equivalents.

The filing explains that the 2025 Annual RSUs were "issued as dividend equivalents on holder's underlying Annual RSUs issued on July 14, 2025," while the 2026 Annual RSUs were "issued as dividend equivalents on holder's underlying Annual RSUs issued on July 1, 2026." In both cases, the dividend equivalent RSUs are described as vesting "concurrently with the vesting of the underlying Annual RSUs." The filing notes that each RSU represents the right to receive one share of Class A Common Stock.

The Form 4 was signed by Osamu Watanabe as attorney-in-fact for Thorold Barker on September 21, 2026. No derivative securities transactions were reported in Table II of the filing.

What Was Disclosed

The filing disclosed two acquisitions of dividend equivalent RSUs by Moelis & Co director Thorold Barker on September 17, 2026, totaling 18.18 units under the 2025 grant and 16.87 units under the 2026 grant, both held directly.