Meates Helen T 4

What Happened

• Helen T. Meates, Chief Financial Officer of PJT Partners Inc. (PJT), received a grant of 10,547 long-term incentive plan (LTIP) units on February 9, 2026. The reported acquisition price is $0.00 because this is a compensation award (derivative interest), not a cash purchase.

Key Details

• Transaction date: 2026-02-09; Form 4 filed: 2026-02-11 (appears timely).
• Transaction type/code: A (award/grant of a derivative security).
• Amount: 10,547 LTIP Units; reported price $0.00 (no cash paid).
• Vesting/conversion (Footnote F1): LTIP Units generally vest ratably over three years on March 1, 2028, March 1, 2029 and March 1, 2030. LTIP Units can convert one-for-one into Partnership Units of PJT Partners Holdings LP upon specified events. Partnership Units may be exchanged quarterly for cash or, at the issuer’s election, for Class A common stock on a one-for-one basis.
• Additional note (Footnote F2): Includes previously acquired Partnership Units from earlier grants/vestings; some Partnership Units remain subject to earlier time-based vesting conditions.
• Shares owned after transaction: Not disclosed in this filing.

Context

• This was a typical long-term incentive grant as part of executive compensation, not a market purchase or sale. Such awards are intended to align executive interests with long-term company performance; they do not represent an immediate market buy or sell signal. The award is a derivative interest (LTIP Units) with specified vesting and potential conversion pathways into partnership units, cash, or equity as described above.