Form 4: PJT Partners Inc. Director Cornwell Kievdi Don Reports Changes in Beneficial Ownership
SEC Form 4
Director Cornwell Kievdi Don reports acquisition of restricted stock units in PJT Partners Inc.
Summary
- On March 20, 2024, Cornwell Kievdi Don, a director of PJT Partners Inc., reported changes in beneficial ownership.
- The report indicates the acquisition of 83 restricted stock units, representing a contingent right to receive one share of Issuer Class A common stock each.
- These restricted stock units include dividend equivalent rights that accrue to the reporting person and vest at the same time as the underlying restricted stock units.
- Following the reported transaction, Cornwell Kievdi Don directly owns 72,104 shares.
- The report was signed by David K.F. Gillis, as Attorney-in-Fact, on March 22, 2024.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing, indicating a neutral sentiment.
Industry Context
Form 4 filings are standard practice for corporate insiders to report changes in their holdings, ensuring transparency in the market.
Stakeholder Impact
- The acquisition of restricted stock units by a director may have a minor positive impact on shareholder confidence.
Key Dates
| Date | Description |
|---|---|
| 03/20/2024 | Date of transaction: Acquisition of restricted stock units |
| 03/22/2024 | Date of report signature by Attorney-in-Fact |
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