Form 4: PJT Partners Inc. Managing Partner Ji-Yeun Lee Reports Stock Sales and RSU Conversion

Ji-Yeun Lee, a Managing Partner at PJT Partners Inc., reported the sale of Class A Common Stock and the conversion of Restricted Stock Units (RSUs) into shares.

Summary

• On March 1, 2024, Ji-Yeun Lee, a Managing Partner at PJT Partners Inc., sold 6,688 shares of Class A Common Stock at an average price of $104.32.
• Additionally, Lee sold 3,312 shares of Class A Common Stock at an average price of $105.09 on the same day.
• Lee also acquired 8,012 shares of Class A Common Stock upon the settlement of restricted stock units.
• Following these transactions, Lee directly owns 81,433 shares of Class A Common Stock.
• Lee also holds 46,276 Restricted Stock Units.

Sentiment

Score: 5

Explanation: This is a neutral disclosure of stock transactions by a company insider. It doesn't inherently indicate positive or negative sentiment about the company's future prospects.

Industry Context

This Form 4 filing is a routine disclosure of insider transactions, which are common in publicly traded companies. Investors often monitor these filings for insights into management's perspective on the company's stock.

Stakeholder Impact

• The transactions may have a minor impact on shareholders due to the change in ownership.

Key Dates