STEEL ROBERT K 4

What Happened
Robert K. Steel, a director of Perella Weinberg Partners (PWP), reported an open‑market sale of 100,000 shares on June 12, 2026. The weighted average sale price was $15.76 per share for proceeds of approximately $1,576,000. This was a sale (S) — sales are commonly routine portfolio transactions and do not by themselves indicate company outlook.

Key Details

• Transaction date: June 12, 2026 (reported on Form 4 filed June 16, 2026). The filing was submitted within the two-business-day reporting window.
• Transaction type: Sale (open market).
• Shares sold: 100,000.
• Price: Weighted average $15.76; individual trades ranged $15.57–$15.98 (footnote F1).
• Proceeds: Approximately $1,576,000.
• Shares owned after transaction: Not disclosed in the excerpt provided.
• Footnote: F1 notes the reported price is a weighted average and that the seller will provide detailed per-trade quantities/prices on request (to SEC, issuer, or security holder).
• No 10b5-1 plan, gift, option exercise, or tax-withholding notation was indicated in the provided details.

Context
Sales by insiders can reflect many reasons (diversification, taxes, estate planning, etc.); they are not definitive evidence of management’s view of the company. For retail investors tracking insider activity, purchases typically carry more informational weight than routine sales. If you want the exact per-trade breakdown, the filer has committed (per F1) to provide full trade-level details upon request to the SEC staff, the issuer, or a shareholder.