Director Kenneth Shropshire filed a Form 4 with the SEC on September 21, 2026, reporting the acquisition of dividend equivalent Restricted Stock Units in Moelis & Co (NYSE:MC) on September 17, 2026.

Key Highlights

  • Three RSU grants acquired: Shropshire received 20 units of 2025 Annual RSUs, 18.56 units of 2026 Annual RSUs, and 2.18 units of 2026 Elective RSUs on September 17, 2026.
  • Dividend equivalents: All three acquisitions were issued as dividend equivalents on underlying RSUs originally granted on July 1, 2025, or July 1, 2026.
  • Post-transaction holdings: Following the transactions, Shropshire directly holds 1,851.67 units of 2025 Annual RSUs, 1,718.56 units of 2026 Annual RSUs, and 202.18 units of 2026 Elective RSUs.
  • Vesting schedule: According to the filing, the dividend equivalent RSUs will vest concurrently with the vesting of their respective underlying RSUs.
  • One share per unit: Each RSU represents the right to receive one share of Class A Common Stock, as disclosed in the filing.
  • Transaction code A: All transactions were coded "A" (acquired), with no price listed for any of the grants.

Kenneth Shropshire RSU Dividend Equivalents at Moelis & Co

Kenneth Shropshire, identified in the filing as a director of Moelis & Co (NYSE:MC), reported three separate acquisitions of Restricted Stock Units on September 17, 2026. All three were classified as transaction code "A" (acquired) and are held directly. No price is listed for any of the acquisitions, consistent with their nature as dividend equivalent grants rather than open-market purchases.

According to the filing, the 2025 Annual RSUs (20 units) were issued as dividend equivalents on underlying Annual RSUs originally issued on July 1, 2025. The 2026 Annual RSUs (18.56 units) were issued as dividend equivalents on underlying Annual RSUs issued on July 1, 2026. The 2026 Elective RSUs (2.18 units) were issued as dividend equivalents on underlying Elective RSUs also issued on July 1, 2026. The filing states that each set of dividend equivalent RSUs "will vest concurrently with the vesting of the underlying" RSUs to which they correspond.

Following these transactions, the filing reports Shropshire's direct beneficial ownership as 1,851.67 units of 2025 Annual RSUs, 1,718.56 units of 2026 Annual RSUs, and 202.18 units of 2026 Elective RSUs. The Form 4 was signed by Osamu Watanabe as attorney-in-fact for Kenneth Shropshire and filed on September 21, 2026.

What Was Disclosed

The filing reports the acquisition of three classes of dividend equivalent RSUs by Moelis & Co director Kenneth Shropshire on September 17, 2026, along with his resulting beneficial ownership totals in each RSU class, all held directly.