Form 4: PWP VoteCo Professionals LP Reports Distribution of Class B-1 Shares

PWP VoteCo Professionals LP, a director by deputization of Perella Weinberg Partners, reports a distribution of Class B-1 Common Stock to its limited partners.

Summary

• PWP VoteCo Professionals LP, considered a director by deputization of Perella Weinberg Partners (PWP), filed a Form 4.
• The filing reports a distribution of 1,233,124 Class B-1 Common Stock shares by PWP VoteCo Professionals LP to its limited partners on May 16, 2025.
• These Class B-1 shares are related to PWP Holdings LP (PWP OpCo) Common Units, which can be exchanged for Issuer stock or cash.
• Upon exchange of PWP OpCo Units, Unitholders surrender Class B-1 Shares, which are then converted into Class A Shares or cash at a rate of 0.001 Class A Share per Class B-1 Share.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing, indicating a neutral 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 distribution of shares may have a minor impact on shareholders due to the potential conversion of Class B-1 shares to Class A shares.

Key Dates

Keywords

Form 4, PWP VoteCo Professionals LP, Perella Weinberg Partners, Class B-1 Shares, Class A Shares, PWP OpCo Units, Distribution, Beneficial Ownership, Director by Deputization