Form 4: Perella Weinberg Partners Director Jorma Ollila Reports Changes in Beneficial Ownership
SEC Form 4
Director Jorma Ollila reports acquisition and disposition of Class A Common Stock due to vesting of restricted stock units and tax obligations.
Summary
- On May 22, 2024, Jorma Ollila, a director of Perella Weinberg Partners, reported changes in beneficial ownership of Class A Common Stock.
- Ollila acquired 6,383 shares of Class A Common Stock related to the vesting of restricted stock units.
- He also disposed of 3,359 shares of Class A Common Stock to satisfy tax withholding obligations associated with the vesting of these units.
- Following these transactions, Ollila beneficially owns 30,627 shares of Class A Common Stock.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing detailing stock transactions by a company director. It doesn't inherently convey positive or negative sentiment.
Industry Context
Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.
Stakeholder Impact
- The filing provides transparency to shareholders regarding insider transactions.
Key Dates
| Date | Description |
|---|---|
| 05/22/2024 | Date of transaction involving Class A Common Stock. |
| 05/24/2024 | Date of signature by Attorney-in-Fact. |
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