PJT Partners Director Emily Rafferty Sells 1,100 Shares

What Happened Emily K. Rafferty, a director of PJT Partners Inc. (PJT), sold 1,100 shares on August 10, 2026. The weighted-average price reported was $167.35, producing total proceeds of approximately $184,090. This was a sale (code S), not a purchase or option exercise.

Key Details

• Transaction date: 2026-08-10
• Transaction type: Sale — open market/private sale (Form 4 code S)
• Shares sold: 1,100; proceeds: ~$184,090
• Price: weighted average $167.35; individual trades ranged $167.26–$167.58 (see footnote F1)
• Shares owned after transaction: Not specified in the provided filing excerpt
• Footnote F1: The $167.35 price is a weighted average; the filer can provide the number of shares sold at each individual price in the stated range upon request.
• Filing timeliness: Reported and filed for the period 2026-08-10 on 2026-08-10 (timely).

Context Sales by directors can be routine (e.g., for diversification, tax or personal reasons) and do not by themselves indicate a change in company fundamentals. Purchases generally carry more informational weight for investors, but tracking both buys and sells helps gauge insider conviction over time. The filing’s footnote notes multiple trades at slightly different prices; detailed per-trade breakdowns are available from the filer or SEC staff on request.