Osamu R. Watanabe, General Counsel and Secretary of Moelis & Company (NYSE:MC), filed a statement of changes in beneficial ownership on September 21, 2026, reporting the acquisition of dividend equivalent Restricted Stock Units across six RSU grant series on September 17, 2026.

Key Highlights

  • Reporting person: Osamu R. Watanabe, General Counsel and Secretary of Moelis & Company, filed the ownership change statement on September 21, 2026.
  • Transaction date: All six RSU acquisitions were recorded on September 17, 2026, with a transaction code of "A" (acquired) and a derivative security price of $0.
  • Six RSU series affected: Dividend equivalent units were added to the 2021, 2022, 2023, 2024, 2025, and 2025 Special Incentive RSU series, reflecting distributions tied to outstanding unvested grants.
  • Units acquired: The filing reports acquisitions of 23.4, 44.61, 52.99, 58.64, 66.6, and 15.48 dividend equivalent RSUs across the respective series.
  • Post-transaction holdings: Following the transactions, Watanabe's directly held derivative positions totaled 2,166.12; 4,130.35; 4,905.6; 5,429.54; 6,166.06; and 1,433.34 units across the six series, respectively.
  • Settlement terms: According to the filing, 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."

Dividend Equivalent RSU Additions Reported by Moelis & Co Officer

Moelis & Company is an independent investment bank whose advisory services span mergers and acquisitions, restructurings, and other strategic transactions. Watanabe serves as the firm's General Counsel and Secretary, roles that carry an ongoing Section 16(a) reporting obligation whenever changes in beneficial ownership of company securities occur. The six RSU series covered in this filing correspond to underlying Incentive RSU grants originally issued on February 17, 2022; February 16, 2023; February 15, 2024; February 13, 2025; February 12, 2026; and, for the Special Incentive series, also February 12, 2026.

According to the filing, all units reported were issued as dividend equivalents on the holder's unvested underlying Incentive RSUs, together with dividend equivalents previously issued on those underlying grants. The filing states that these dividend equivalent RSUs "will vest concurrently with the vesting of the unvested underlying Incentive RSUs," meaning their vesting schedule mirrors that of the parent grants rather than following an independent timeline. All six acquisitions carry a transaction price of $0, consistent with dividend equivalent awards that carry no separate exercise or purchase cost.

Each RSU in all six series is classified as a direct holding. The underlying security in every case is Class A Common Stock of Moelis & Company. The filing does not report any disposals or transactions in Table I covering non-derivative securities. No Rule 10b5-1 plan box was checked, and no amendment to a prior filing was indicated.

What Was Disclosed

The filing disclosed the acquisition of dividend equivalent RSUs across six incentive grant series by Moelis & Company's General Counsel and Secretary, all dated September 17, 2026, each at a price of $0, with vesting tied to the corresponding underlying unvested RSU grants.