Form 4: PJT Partners Inc. General Counsel Sells 5,000 Shares of Class A Common Stock

David Adam Travin, General Counsel of PJT Partners Inc., sold 5,000 shares of Class A Common Stock at a weighted average price of $141.74 on May 2, 2025.

Summary

• On May 2, 2025, David Adam Travin, the General Counsel of PJT Partners Inc., sold 5,000 shares of Class A Common Stock.
• The sale was executed at a weighted average price of $141.74 per share.
• The shares were sold in multiple transactions with prices ranging from $141.32 to $142.08.
• This transaction was a result of the settlement of a previously granted restricted stock unit award.
• Following the transaction, Travin directly owns 2,288 shares of Class A Common Stock.

Sentiment

Score: 5

Explanation: Neutral sentiment as it's a standard insider transaction disclosure. The sale itself doesn't necessarily indicate a positive or negative outlook for the company.

Industry Context

This is a routine disclosure of an insider transaction. It's common for executives to sell shares acquired through stock options or restricted stock units.

Stakeholder Impact

• The sale of shares by an insider could be perceived negatively by some shareholders, but it's a relatively small transaction and likely won't have a significant impact.

Key Dates

Keywords

PJT Partners Inc., David Adam Travin, Class A Common Stock, SEC Form 4, insider trading, stock sale, restricted stock unit, General Counsel