Form 4: PJT Partners Director Grace Reksten Skaugen Sells Shares
SEC Form 4 Filing
Grace Reksten Skaugen, a director of PJT Partners Inc., sold 2,015 shares of Class A Common Stock on August 26, 2024.
Summary
- On August 26, 2024, Grace Reksten Skaugen, a director of PJT Partners Inc., sold 2,015 shares of Class A Common Stock.
- The sale was executed at a weighted average price of $124.86 per share.
- Following the transaction, Ms. Skaugen directly owns 500 shares of PJT Partners Inc.
- The shares were sold in multiple transactions with prices ranging from $124.58 to $125.13.
Sentiment
Score: 5
Explanation: This is a neutral event. A director selling shares doesn't necessarily indicate a positive or negative outlook for the company. It could be for personal financial reasons.
Industry Context
This is a standard Form 4 filing, indicating a change in beneficial ownership by a company insider. Such filings are common and provide transparency into the trading activities of company directors and officers.
Stakeholder Impact
- The sale of shares by a director could potentially create uncertainty among shareholders, although the impact is likely minimal given the relatively small number of shares sold.
Key Dates
| Date | Description |
|---|---|
| 08/26/2024 | Date of the transaction: Sale of 2,015 shares of Class A Common Stock. |
| 08/27/2024 | Date of signature on the Form 4 filing. |
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