PJT Partners Inc.·4

Jun 3, 5:00 PM ET

CURRIE PETER L S 4

Research Summary

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Updated

PJT Partners (PJT) Director Peter Currie Receives 1,600 RSUs

What Happened

  • Peter L. S. Currie, a director of PJT Partners Inc. (PJT), was granted 1,600 restricted stock units (RSUs) on June 1, 2026. The grant is reported as an award (Form 4 code A) at $0.00 per unit because RSUs are contingent equity awards rather than open-market purchases.

Key Details

  • Transaction date: 2026-06-01; reported on Form 4 filed June 3, 2026 (appears timely — within typical 2-business-day reporting window).
  • Grant details: 1,600 RSUs; reported acquisition price $0.00 (derivative award).
  • Shares owned after transaction: not disclosed in the provided filing.
  • Footnotes:
    • Each RSU represents a contingent right to one share of PJT Class A common stock.
    • Vesting occurs in four substantially equal installments on Aug 31, 2026; Nov 30, 2026; Feb 28, 2027; and May 31, 2027. Settlement will occur on the earlier of the director’s termination of service or the fifth anniversary of the grant and may be settled in Class A common stock, cash, or a combination at the issuer’s compensation committee’s discretion.

Context

  • RSUs are a form of compensation, not an immediate cash purchase — they convert to shares (or cash) only upon vesting/settlement. This grant signals routine director compensation rather than an open-market bet on the stock.