Nick Riehl, Principal Accounting Officer of Moelis & Co (NYSE:MC), filed a Form 4 on September 21, 2026, reporting the acquisition of five tranches of dividend equivalent Restricted Stock Units across multiple RSU grant programs, with all transactions dated September 17, 2026.

Key Highlights

  • Reporting person: Nick Riehl, identified as Principal Accounting Officer of Moelis & Co.
  • Five RSU acquisitions: Riehl acquired 11.03 shares of 2023 Long Term Incentive RSUs, 2.09 shares of 2024 Incentive RSUs, 3.69 shares of 2024 Long Term Incentive RSUs, 10.45 shares of 2025 Incentive RSUs, and 7.74 shares of 2025 Special Incentive RSUs, all on September 17, 2026.
  • Dividend equivalents: All five tranches were issued as dividend equivalents on holder's unvested underlying RSUs, according to the filing.
  • Price: All derivative securities were acquired at $0 conversion or exercise price.
  • Post-transaction holdings: Following the transactions, Riehl's directly held derivative positions include 1,020.88 units of 2023 Long Term Incentive RSUs, 193.53 of 2024 Incentive RSUs, 341.9 of 2024 Long Term Incentive RSUs, 967.61 of 2025 Incentive RSUs, and 716.67 of 2025 Special Incentive RSUs.
  • Settlement terms: Each RSU represents the right to receive, at Moelis & Company's option, either a share of Class A common stock or cash equal to the fair market value of such share.

Nick Riehl's Dividend Equivalent RSU Acquisitions at Moelis & Co

According to the Form 4 filed with the SEC on September 21, 2026, Nick Riehl, serving as Principal Accounting Officer of Moelis & Co, acquired five separate lots of Restricted Stock Units on September 17, 2026. All five acquisitions are coded as "A" (acquired) and each carried a $0 price for the derivative security. The underlying security for all tranches is Class A Common Stock of Moelis & Company.

The filing discloses that each of the five RSU tranches was issued as dividend equivalents on Riehl's unvested underlying RSUs from prior grant dates. Specifically, the 2023 Long Term Incentive RSUs (11.03 units) relate to underlying grants issued on February 15, 2024. The 2024 Incentive RSUs (2.09 units) and 2024 Long Term Incentive RSUs (3.69 units) are tied to underlying grants from February 13, 2025. The 2025 Incentive RSUs (10.45 units) and 2025 Special Incentive RSUs (7.74 units) correspond to underlying grants issued on February 12, 2026.

The filing notes that all dividend equivalent RSUs "will vest concurrently with the vesting of the unvested underlying" RSUs to which they relate. No Table I non-derivative transactions were reported. All holdings are held directly by Riehl. The Form 4 was signed by Osamu Watanabe as attorney-in-fact for Nick Riehl on September 21, 2026.

What Was Disclosed

Moelis & Co Principal Accounting Officer Nick Riehl reported the acquisition of five lots of dividend equivalent RSUs on September 17, 2026, all at $0 cost, tied to previously granted unvested RSU awards, with vesting to occur concurrently with the underlying grants.