PJT Partners Inc.·4

Jun 18, 4:30 PM ET

Cornwell Kievdi Don 4

Research Summary

AI-generated summary

Updated

PJT Partners Director Cornwell Kievdi Don Receives 30 RSUs

What Happened

  • Cornwell Kievdi Don, a director of PJT Partners Inc. (PJT), received an award of 30 restricted stock units (RSUs) on June 17, 2026. The award is reported as 30 units at $0.00 per unit (derivative award), total value shown as $0 in the Form 4 filing.
  • This was a grant/award (transaction code A), not an open-market purchase or sale, so it represents compensation/equity grant rather than a direct bullish or bearish trading signal.

Key Details

  • Transaction date and price: 2026-06-17 — 30 RSUs @ $0.00 (transaction coded A for award/grant).
  • Filing date: 2026-06-18 (Form 4 covering the 6/17 transaction).
  • Shares owned after transaction: Not specified in the provided filing excerpt; see the full Form 4 for complete holdings.
  • Footnotes:
    • F1: Each restricted stock unit is a contingent right to receive one share of Class A common stock upon vesting.
    • F2: Dividend equivalent rights accrue as additional RSUs that vest with the underlying units.
  • Timeliness: Filing was submitted the day after the transaction; not indicated as late in the provided data.

Context

  • RSU grants to directors are a common form of compensation and do not involve immediate market purchases or sales. Vesting terms and any subsequent conversion to shares (or withholding for taxes) are governed by the company's equity plan and are not detailed in this excerpt.