Bennett Roy Edwin 4
Research Summary
AI-generated summary
Perella Weinberg (PWP) Director Bennett Receives 5,429-Share Award
What Happened Bennett Roy Edwin, a director of Perella Weinberg Partners (PWP), was granted 5,429 shares via an award (reported as transaction code "A") on May 27, 2026. The shares were recorded at $0.00 per share (total reported value $0), reflecting a grant of restricted stock units rather than an open-market purchase.
Key Details
- Transaction date: 2026-05-27 (Form 4 filed 2026-05-29).
- Transaction type/code: Grant/Award (A) of 5,429 shares; price per share reported $0.00; total $0.
- Shares owned after transaction: Not specified in the filing.
- Vesting and conditions: Footnote indicates these are unvested restricted stock units that vest on the date of Perella Weinberg Partners' next general annual stockholder meeting, subject to continued board service through that date.
- Timeliness: Filing appears timely (transaction reported within two business days).
Context This was an award of restricted stock units to a board member, which is a common form of director compensation and does not represent an open-market purchase or sale. Such grants typically compensate service and align directors' interests with shareholders; they only convert to vested shares if the vesting conditions (continued board service until the next annual meeting) are met.