Form 4: PJT Partners Director Kievdi Don Cornwell Reports Stock Transactions

Sentiment:

SEC Form 4 Filing


Director Kievdi Don Cornwell reports acquisition of 5,019 shares of PJT Partners Class A common stock upon settlement of restricted stock units on March 1, 2024.

Summary

  • On March 1, 2024, Kievdi Don Cornwell, a director of PJT Partners Inc., acquired 5,019 shares of Class A common stock.
  • This acquisition resulted from the settlement of restricted stock units (RSUs) previously granted as a long-term incentive award.
  • The RSUs convert into Class A common stock on a one-for-one basis.
  • Following the transaction, Cornwell directly owns 17,585 shares of Class A common stock and 72,021 restricted stock units.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing related to insider trading. It doesn't inherently convey positive or negative sentiment.

Industry Context

This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the trading activities of company directors.

Stakeholder Impact

  • The transaction provides transparency to shareholders regarding the director's holdings in the company.

Key Dates

DateDescription
03/01/2024Date of transaction: Acquisition of Class A common stock upon settlement of restricted stock units.

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