Form 4: Perella Weinberg Partners Director Becker Reports Stock Transactions

Director Dietrich Becker reports the vesting of performance-based stock units and subsequent transactions involving Class A Common Stock of Perella Weinberg Partners.

Summary

• On August 31, 2024, Dietrich Becker, a Director and President of Perella Weinberg Partners, had performance-based stock units (PSUs) vest, converting into 614,055 shares of Class A Common Stock.
• Following this, Becker disposed of 288,606 shares of Class A Common Stock on September 3, 2024, at a price of $19.55 per share to cover tax withholding obligations.
• After these transactions, Becker beneficially owns 745,742 shares of Class A Common Stock and 1,735,945 derivative securities.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing stock transactions, and does not inherently convey positive or negative sentiment.

Industry Context

Form 4 filings are a routine part of the US financial market, providing transparency into the transactions of company insiders. This filing indicates activity by a director of Perella Weinberg Partners.

Stakeholder Impact

• The transactions may have a minor impact on shareholders due to the change in ownership by a company insider.
• The company is involved as the issuer and in facilitating the tax withholding process.

Key Dates