Whitney Kenneth C 4

What Happened Kenneth C. Whitney, a director of PJT Partners Inc. (PJT), received a grant of 12 restricted stock units (RSUs) on March 18, 2026. The filing reports the units as a derivative acquisition at $0.00 per unit (no cash paid at grant). Each RSU represents a contingent right to receive one share of PJT Class A common stock upon vesting.

Key Details

• Transaction date: 2026-03-18; Filing date: 2026-03-20 (filed within the typical 2-business-day Form 4 window).
• Amount: 12 RSUs granted; reported acquisition price $0.00 (derivative award).
• Shares owned after transaction: not specified in the provided filing summary.
• Footnotes: F1 — each RSU converts to one share upon vesting; F2 — includes dividend equivalent rights that accrue in RSUs and vest with the underlying units.
• No indication of a sale, option exercise, or tax-withholding sale in this filing.

Context RSU grants are compensation awards that convert to actual shares only if and when they vest; they do not reflect an immediate open-market purchase or sale. Dividend equivalents noted in the filing simply represent payments tied to dividends and vesting timing, not additional cash transactions. This is a routine director compensation grant and should be viewed as an award rather than an immediate market-position change.