Form 4: Perella Weinberg Partners Director, Robert K. Steel, Reports Tax-Related Share Disposition
SEC Form 4 Filing
Robert K. Steel, a director at Perella Weinberg Partners, reported the disposition of 6,424 shares of Class A common stock to cover tax obligations related to vesting restricted stock units on March 4, 2024.
Summary
- On March 4, 2024, Robert K. Steel, a director of Perella Weinberg Partners, reported a transaction involving Class A Common Stock.
- The transaction involved the disposition of 6,424 shares at a price of $13.54.
- This disposition was to satisfy tax withholding obligations related to the vesting of restricted stock units.
- Following the transaction, Steel directly owns 68,737 shares of Class A Common Stock.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing related to tax obligations, and does not contain information that would significantly impact investor sentiment.
Industry Context
Form 4 filings are standard practice for company insiders (directors, officers, and 10% owners) to report transactions in their company's stock, providing transparency to the market.
Stakeholder Impact
- The transaction has a minimal impact on stakeholders as it is a routine sale of shares to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| 03/04/2024 | Date of transaction: Disposition of shares to cover tax obligations. |
| 03/07/2024 | Date of signature on the report. |
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