Form 4: PJT Partners Director Emily K. Rafferty Reports Stock Transactions

Director Emily K. Rafferty reports acquisition of 2,543 shares of Class A Common Stock and 1,038 Restricted Stock Units of PJT Partners Inc.

Summary

• On June 3, 2024, Emily K. Rafferty, a director of PJT Partners Inc., acquired 2,543 shares of Class A Common Stock upon settlement of restricted stock units.
• Following this transaction, Rafferty directly owns 9,100 shares of Class A Common Stock.
• Additionally, Rafferty acquired 1,038 restricted stock units on June 3, 2024.
• After the reported transactions, Rafferty directly owns 7,492 restricted stock units.
• The restricted stock units vest in four substantially equal installments on August 31, 2024, November 30, 2024, February 28, 2025, and May 31, 2025.
• These units will be settled on the earlier of termination of service or the fifth anniversary of the grant date, in either Class A common stock or cash at the discretion of the Issuer's compensation committee.

Sentiment

Score: 6

Explanation: The sentiment is neutral as it reports routine stock transactions by a company director. It doesn't inherently indicate positive or negative performance.

Positives

• The acquisition of shares and restricted stock units by a director signals confidence in the company's future performance.

Future Outlook

The restricted stock units will be settled on the earlier of the termination of services of such director or the fifth anniversary of the grant date and will be settled in either Class A common stock or cash (or a combination thereof) at the discretion of the Issuer's compensation committee.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates the director's ongoing investment in the company.

Stakeholder Impact

• The transactions reported may have a minor positive impact on shareholder confidence due to the director's increased stake in the company.

Key Dates