PJT Partners (PJT) Managing Partner Lee Ji-Yeun Receives Award

What Happened

• Lee Ji-Yeun, Managing Partner at PJT Partners Inc. (PJT), received a grant of 30 restricted stock units (RSUs) on September 16, 2026. The RSUs were recorded at $0.00 per unit (award), so there was no cash outlay; total immediate value shown on the Form 4 is $0. This entry is an award (transaction code A), not an open-market purchase or sale.

Key Details

• Transaction date: 2026-09-16; Form 4 filed 2026-09-18 (no late filing indicated).
• Security: Restricted stock units (derivative securities) — 30 RSUs granted at $0.00.
• Shares owned after the transaction: Not disclosed in the filing.
• Footnotes: F1 — each RSU converts to one share of Class A common stock upon vesting; F2 — RSUs include dividend equivalent rights that accrue as additional RSUs vesting with the underlying units.
• Transaction type code: A = Award/Grant.

Context

• These RSUs are a contingent right to receive shares in the future upon vesting; they do not represent immediate share ownership or an open-market purchase. Such small, routine grants typically reflect compensation or retention arrangements rather than a direct market signal.