Perella Weinberg Partners·4

Feb 26, 7:46 PM ET

STEEL ROBERT K 4

Research Summary

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Perella Weinberg (PWP) Director Robert K. Steel Sells 3,093 Shares

What Happened

  • Robert K. Steel, a director of Perella Weinberg Partners (PWP), had 3,093 shares of Class A common stock deemed disposed on Feb 24, 2026 to satisfy tax withholding obligations tied to the vesting of restricted stock units. The shares were valued at $19.35 each, totaling about $59,850.
  • This was a withholding-for-taxes transaction (routine), not an open-market sale or new purchase, and therefore is generally considered administrative rather than a directional bet on the stock.

Key Details

  • Transaction date: 2026-02-24; Filing date (Form 4): 2026-02-26.
  • Price per share: $19.35; Shares involved: 3,093; Total value: ~$59,850.
  • Footnote: F1 — deemed disposition of shares to the issuer to satisfy tax withholding for RSU vesting.
  • Shares owned after the transaction: not specified in the provided filing excerpt.
  • Timeliness: Filing lists the Feb 26, 2026 Form 4 for the Feb 24 transaction; no late-filing flag was provided.

Context

  • This was a tax-withholding (cashless) disposition related to RSU vesting, not an open-market sale of newly sold shares; such transactions are routine and do not necessarily reflect the insider’s view of the company’s prospects.