Form 4: PJT Partners Inc. Managing Partner Ji-Yeun Lee Reports Transaction
SEC Form 4 Filing
Ji-Yeun Lee, a Managing Partner at PJT Partners Inc., reports a transaction involving Partnership Units of PJT Partners Holdings LP and Class A Common Stock.
Summary
- On May 6, 2024, Ji-Yeun Lee, a Managing Partner at PJT Partners Inc., reported a transaction.
- 30,000 Partnership Units beneficially owned by the Reporting Person's children were exchanged for cash.
- The price for the 30,000 Partnership Units was $99.3268.
- Lee directly owns 755,410 Partnership Units of PJT Partners Holdings LP.
- Lee indirectly owns 100,000 Partnership Units of PJT Partners Holdings LP through a family trust.
- 22,685 of the 755,410 Partnership Units remain subject to previously disclosed time and performance vesting conditions.
Sentiment
Score: 5
Explanation: This is a routine filing of insider transactions, so the sentiment is neutral.
Industry Context
Form 4 filings are standard practice for reporting transactions by company insiders, providing transparency to investors.
Related Party Transactions
- 30,000 Partnership Units beneficially owned by the Reporting Person's children were exchanged for cash.
Stakeholder Impact
- The transaction provides transparency to shareholders regarding insider activity.
Key Dates
| Date | Description |
|---|---|
| 05/06/2024 | Date of transaction: 30,000 Partnership Units exchanged for cash and acquisition of Partnership Units upon vesting. |
| 05/07/2024 | Date of report filing. |
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