Form 4: Perella Weinberg Partners Director Peter Weinberg Sells Shares

Peter Weinberg, a director at Perella Weinberg Partners, sold shares of Class A Common Stock on February 3rd and 4th, 2025, according to a Form 4 filing with the SEC.

Summary

• Peter Weinberg, a director and Chairman of Perella Weinberg Partners, reported the sale of Class A Common Stock on February 3, 2025, and February 4, 2025.
• On February 3, 2025, 95,116 shares were sold at a weighted average price of $24.95, with prices ranging from $24.49 to $25.18.
• On February 4, 2025, 45,884 shares were sold at a weighted average price of $25.85, with prices ranging from $24.83 to $26.29.
• The sales were conducted under a Rule 10b5-1 trading plan adopted by Red Hook Capital LLC on August 6, 2024.
• Following these transactions, Peter Weinberg directly owns 2,044,698 shares and indirectly owns 419,621 shares through Red Hook Capital LLC.

Sentiment

Score: 5

Explanation: This is a neutral disclosure of stock sales by a company director. It doesn't inherently indicate positive or negative sentiment, but rather provides information about insider transactions.

Industry Context

Form 4 filings are a routine part of the regulatory landscape for publicly traded companies, providing transparency into the transactions of company insiders.

Stakeholder Impact

• The sale of shares by a director could potentially influence investor sentiment, although the impact is likely to be minimal given the pre-arranged trading plan.

Key Dates

Keywords

Form 4, Perella Weinberg Partners, Peter Weinberg, share sale, Class A Common Stock, Red Hook Capital LLC, Rule 10b5-1 trading plan, insider trading