Skaugen Grace Reksten 4

What Happened Skaugen Grace Reksten, a director of PJT Partners Inc. (PJT), was granted 12 restricted stock units (RSUs) on 2026-03-18. The Form 4 reports the acquisition as an award (code A) at $0.00 per unit — these are derivative awards (no cash purchase). Footnotes indicate each RSU is a contingent right to one share and includes dividend equivalent rights that accrue as RSUs.

Key Details

• Transaction date: 2026-03-18; Form 4 filed 2026-03-20 (within the typical two-business-day filing window).
• Grant: 12 RSUs (derivative award) @ $0.00 per unit.
• Shares owned after transaction: not specified in the filing.
• Footnotes: F1 — each RSU converts to one share upon vesting; F2 — dividend equivalents accrue as RSUs and vest with the underlying units.
• Transaction type: Award/Grant (not a market purchase or sale).

Context RSU grants are a form of compensation and represent a contingent right to future shares upon vesting; they do not indicate an immediate cash outlay or stock sale. This is a small, routine board/compensation award and should be viewed as administrative rather than a direct signal of insider buying or selling.