Form 4: PJT Partners Inc. Executive Ji-Yeun Lee Reports Acquisition of Restricted Stock Units
SEC Form 4 Filing
Managing Partner Ji-Yeun Lee of PJT Partners Inc. reports the acquisition of restricted stock units representing a contingent right to receive Class A common stock.
Summary
- Ji-Yeun Lee, a Managing Partner at PJT Partners Inc., filed a Form 4 to report changes in beneficial ownership.
- The report indicates the acquisition of 54 restricted stock units on March 19, 2025, which represent a contingent right to receive one share of Issuer Class A common stock each.
- These restricted stock units also 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, Lee directly owns 31,449 derivative securities.
Sentiment
Score: 5
Explanation: This is a routine regulatory filing related to executive compensation. It doesn't inherently indicate positive or negative sentiment, but rather reflects standard corporate practices.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders and their holdings in the company's stock. This filing indicates an acquisition of restricted stock units, a common form of executive compensation.
Stakeholder Impact
- The acquisition of restricted stock units by a company executive can be perceived positively by stakeholders as it aligns management's interests with those of the shareholders.
Key Dates
| Date | Description |
|---|---|
| 03/19/2025 | Date of transaction: Acquisition of restricted stock units. |
| 03/21/2025 | Date of signature on the report. |
Keywords
Form 4, Beneficial Ownership, Restricted Stock Units, PJT Partners Inc., Ji-Yeun Lee, Equity, Securities
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