Travin David Adam 4
4 · PJT Partners Inc. · Filed Mar 20, 2026
Research Summary
AI-generated summary of this filing
PJT Partners (PJT) GC Travin David Adam Receives 14 RSUs
What Happened
Travin David Adam, General Counsel of PJT Partners Inc., received an award of 14 restricted stock units (RSUs) on March 18, 2026. The grant is reported as a derivative acquisition (code A) at $0.00 per unit — the RSUs are contingent rights to receive shares upon vesting rather than an immediate purchase of common stock.
Key Details
- Transaction date: 2026-03-18 — Grant/award of 14 RSUs (derivative) at $0.00 per unit (code A).
- Filing date: Form 4 filed 2026-03-20; filing appears timely (within the usual 2-business-day window).
- Shares owned after transaction: Not specified in the provided filing.
- Footnotes: F1 — each RSU represents a contingent right to one share of Class A common stock. F2 — dividend equivalent rights accrue in RSUs and vest with the underlying units.
- No sale, exercise, or tax-withholding reported in this filing.
Context
RSUs are a compensation award that convert into actual shares only when the units vest; they do not represent immediate stock ownership or an open-market purchase. Such grants are routine compensation events and do not, by themselves, indicate a buy or sell signal.
Insider Transaction Report
Form 4
Travin David Adam
General Counsel
Transactions
- Award
Restricted Stock Units
[F1][F2]2026-03-18+14→ 7,385 total→ Class A Common Stock (14 underlying)
Footnotes (2)
- [F1]Each restricted stock unit represents a contingent right to receive one share of Issuer Class A common stock.
- [F2]Represents dividend equivalent rights in connection with the Issuer's dividend that accrue to the reporting person in restricted stock units that vest at the same time(s) as the underlying restricted stock units.
Signature
/s/ David K.F. Gillis, Attorney-in-Fact|2026-03-20