Form 4: Perella Weinberg Partners Director Peter Weinberg Sells Shares Under 10b5-1 Plan

Peter Weinberg, a director at Perella Weinberg Partners, sold shares of Class A Common Stock on April 1st and 2nd, 2025, under a pre-arranged Rule 10b5-1 trading plan.

Summary

• Peter Weinberg, a director and Chairman of Perella Weinberg Partners, reported the sale of Class A Common Stock on April 1, 2025, and April 2, 2025.
• The sales were executed under a Rule 10b5-1 trading plan adopted by Red Hook Capital LLC on August 6, 2024.
• On April 1, 2025, 101,018 shares were sold at a weighted average price of $18.45, with prices ranging from $17.97 to $18.75.
• On April 2, 2025, 39,982 shares were sold at a weighted average price of $19.16, with prices ranging from $17.91 to $19.51.
• Following these transactions, Peter Weinberg directly owns 1,966,744 shares and indirectly owns 137,621 shares through Red Hook Capital LLC.

Sentiment

Score: 5

Explanation: The document is a standard SEC Form 4 filing, indicating insider trading activity. The sentiment is neutral as it simply reports transactions without expressing any positive or negative outlook.

Industry Context

Sales by insiders are a common occurrence and are often viewed in the context of pre-arranged trading plans to avoid accusations of trading on inside information. The market will likely assess the impact of these sales on the stock's valuation and investor sentiment.

Stakeholder Impact

• The sale of shares by a director could have a minor negative impact on shareholder sentiment.

Key Dates

Keywords

Form 4, Perella Weinberg Partners, PWP, Peter Weinberg, Red Hook Capital LLC, Class A Common Stock, Rule 10b5-1, Director, Share Sale, Insider Trading