PWP VoteCo Professionals LP 4

What Happened
VoteCo Professionals LP (reported as a director‑deputized holder) recorded a disposition of 1,906,191 Class B‑1 derivative shares of Perella Weinberg Partners (PWP) on 2026-05-18. The filing shows a reported price of $0.02 per share for a total value of $38,124. The transaction is coded "J" (other acquisition or disposition) and relates to derivative Class B‑1 shares rather than an open‑market sale of Class A common stock.

Key Details

• Transaction date and filing: Disposition occurred 2026-05-18; Form 4 filed 2026-05-20 (filed within the typical 2‑business‑day period).
• Reported trade: 1,906,191 Class B‑1 shares disposed at $0.02 each, total $38,124.
• Shares owned after transaction: Not specified in the filing.
• Footnotes of note:
  • The filing explains PWP OpCo units and Class B‑1 shares mechanics: Class B‑1 Shares are distributed to unitholders and convert to Class A common stock at a rate of 0.001 Class A Share per 1 Class B‑1 Share (so 1,906,191 B‑1 would equate to ~1,906.19 Class A Shares if converted).
  • F2 states this record reflects a distribution of Class B‑1 Shares by the Reporting Person to one or more of its limited partners.
• Remark: The Reporting Person may be deemed a director by deputization due to its right to designate a majority of the issuer's board under a stockholders’ agreement.

Context This was an internal distribution of derivative Class B‑1 shares to limited partners (per the footnotes), not an open‑market sale of Class A common stock. Such distributions are administrative/structural transactions tied to the partnership/unit conversion mechanics and do not necessarily reflect a change in market sentiment by insiders. The Class B‑1 shares can be converted to Class A shares (or cash at the issuer's option) at the stated 0.001 conversion rate.