Becker Dietrich 4

What Happened

• Becker Dietrich, President and Director of Perella Weinberg Partners (PWP), received a grant of 106,617 restricted stock units (RSUs) on 2026-02-13 (award price $0.00). To satisfy withholding tax obligations tied to vesting, 48,546 shares were deemed disposed to the issuer on 2026-02-18 at an effective value of $20.79 per share, totaling $1,009,271. The grant vests in three equal annual installments per the filing.

Key Details

• Transaction types: A = Award/Grant (106,617 RSUs on 2026-02-13); F = Tax withholding/Deemed disposition (48,546 shares on 2026-02-18).
• Prices reported: grant recorded at $0.00; withholding value listed as $20.79 per share (48,546 shares × $20.79 = $1,009,271).
• Vesting schedule: Footnote F1 — RSUs vest in three equal installments on the first, second and third anniversaries of the grant date.
• Tax withholding: Footnote F2 — 48,546 shares were deemed disposed back to the issuer to satisfy tax withholding (cashless/tax-satisfaction mechanism, not an open-market sale).
• Shares owned after transaction: not specified in the filing.
• Filing timeliness: Report filed 2026-02-18 for a 2026-02-13 grant; filing falls within the required Form 4 reporting window and is not marked late.

Context

• This was an equity award to an executive, not an open-market purchase or opportunistic sale; the withholding is a routine tax-satisfaction action rather than an indication of a market sale. For retail investors, grants indicate compensation alignment with the company, while withheld shares for taxes are standard administrative actions.