Form 4: Perella Weinberg Partners CEO Andrew Bednar Disposes of Shares to Cover Tax Obligations
SEC Form 4 Filing
Andrew Bednar, CEO of Perella Weinberg Partners, disposed of 47,967 shares of Class A common stock on March 4, 2024, to satisfy tax withholding obligations related to vesting restricted stock units.
Summary
- On March 4, 2024, Andrew Bednar, the CEO of Perella Weinberg Partners, disposed of 47,967 shares of Class A common stock.
- The transaction was executed to cover tax withholding obligations associated with the vesting of restricted stock units.
- The shares were disposed of at a price of $13.54 per share.
- Following the transaction, Bednar directly owns 495,929 shares of Class A common stock.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing related to insider stock transactions for tax purposes, and does not contain information that would significantly impact investor sentiment.
Industry Context
Form 4 filings are standard disclosures required by the SEC when company insiders, like CEOs and directors, trade their company's stock. These filings provide transparency into insider transactions and are closely watched by investors.
Key Dates
| Date | Description |
|---|---|
| 03/04/2024 | Date of transaction: Disposition of Class A Common Stock. |
| 03/07/2024 | Date of signature on the Form 4 filing. |
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