PJT Partners Director Cornwell Kievdi Don Receives RSU Award

What Happened

• Cornwell Kievdi Don, a director of PJT Partners Inc. (PJT), received an award of 32 restricted stock units (RSUs) on September 16, 2026. The filing reports an acquisition price of $0.00, reflecting a compensation grant (derivative award) rather than a market purchase.

Key Details

• Transaction date: 2026-09-16; Form 4 filed: 2026-09-18 (filed within the typical two-business-day window).
• Award: 32 RSUs reported as acquired at $0.00 (derivative transaction).
• Shares owned after transaction: not specified in the provided filing excerpt.
• Footnotes:
  • F1: Each RSU is a contingent right to receive one share of the issuer’s Class A common stock.
  • F2: The award includes dividend equivalent rights that accrue in RSUs and vest on the same schedule as the underlying RSUs.

Context

• RSUs are a common form of equity compensation for executives and directors; they represent a future right to receive company shares if vesting conditions are met and do not reflect an open-market purchase or sale. Such awards are typically part of compensation or retention programs and should not be interpreted alone as a bullish or bearish signal.