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Perella Weinberg Partners·4

Mar 9, 9:11 PM ET

STEEL ROBERT K 4

Research Summary

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Updated

PWP Director Robert K. Steel Sells 15,301 Shares for Tax

What Happened
Robert K. Steel, a director of Perella Weinberg Partners (PWP), had 15,301 shares of Class A common stock deemed disposed on March 5, 2026 to satisfy tax withholding obligations tied to the vesting of restricted stock units. The withholding used shares valued at $18.64 each, for a total of $285,211. This was a routine tax-withholding disposition (not an open-market sale).

Key Details

  • Transaction date and filing: March 5, 2026 (reported on Form 4 filed March 9, 2026 — timely within the two-business-day window).
  • Price and value: 15,301 shares at $18.64 per share; total $285,211.
  • Shares owned after transaction: not specified in the information provided.
  • Footnote: F1 — deemed disposition of shares to the issuer to satisfy tax withholding for vested RSUs.
  • Transaction code: F (tax withholding).

Context
This was a tax-withholding event tied to RSU vesting (the company withheld shares to cover the tax bill). Such transactions are routine administrative actions and do not necessarily indicate the insider’s view on the company’s stock.