Form 4: PJT Partners Inc. Managing Partner Ji-Yeun Lee Sells Shares
SEC Form 4 Filing
Ji-Yeun Lee, a Managing Partner at PJT Partners Inc., sold a total of 9,990 shares of Class A Common Stock in multiple transactions on June 3, 2024.
Summary
- On June 3, 2024, Ji-Yeun Lee, a Managing Partner at PJT Partners Inc., sold 5,473 shares of Class A Common Stock at a weighted average price of $106.68.
- An additional 3,748 shares were sold at a weighted average price of $107.91.
- Finally, 779 shares were sold at a weighted average price of $108.4.
- Following these transactions, Lee directly owns 71,433 shares of PJT Partners Inc. Class A Common Stock.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing related to stock sales by a company insider. It doesn't inherently convey positive or negative sentiment, but rather provides factual information about the transactions.
Industry Context
Form 4 filings are standard disclosures required by the SEC when corporate insiders buy or sell their company's stock. These filings are closely watched by investors for signals about management's view of the company's prospects.
Stakeholder Impact
- Shareholders may interpret the stock sale as a signal, although it's a common practice for executives to diversify their holdings.
Key Dates
| Date | Description |
|---|---|
| 06/03/2024 | Date of the stock sale transactions. |
| 06/04/2024 | Date of signature for the Form 4 filing. |
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