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  4. [144] PJT Partners Inc. SEC Filing

PJT Partners (NYSE: PJT) director to sell 7,845 shares

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
144

Rhea-AI Filing Summary

PJT Partners Inc. (PJT) received a Rule 144 notice relating to a proposed sale of its common stock by director Kievdi Don Cornwell. The notice covers 7,845 shares of common stock held through Morgan Stanley Smith Barney LLC Executive Financial Services, with an aggregate market value of $1,360,952.95. PJT Partners Inc. reports that 25,564,818 shares of its common stock were outstanding in connection with this notice, which also lists the underlying shares as having been earned as Performance Stock Units for services rendered on various dates in 2024.

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Shares to be sold 7,845 shares of common stock Number of PJT common shares covered by the Rule 144 notice
Aggregate market value $1,360,952.95 Market value of the 7,845 PJT shares proposed to be sold
Shares outstanding 25,564,818 shares PJT common shares outstanding in connection with the Form 144 notice
Security type Common stock Class of PJT securities covered by the Form 144
Compensation awards Performance Stock Units Underlying awards for services rendered on multiple dates in 2024
Rule 144 regulatory
"See the definition of "person" in paragraph (a) of Rule 144."
Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.
Performance Stock Units financial
"Common | 05/30/2024 | Performance Stock Units | Issuer"
Performance stock units are a type of company award that grants employees shares of stock only if certain performance goals are met. They motivate employees to work toward specific company achievements, aligning their interests with those of shareholders. For investors, they can influence a company's future stock supply and reflect management’s confidence in reaching key targets.
aggregate market value financial
"7845 | 1360952.95 | 25564818"
Aggregate market value is the combined price you would pay to buy all outstanding shares of a company or all companies in a group at current market prices — essentially the sum of each stock’s market capitalization. It matters to investors because it shows the overall size and weight of an investment or sector (like the total cost to buy every piece of a puzzle), helps compare scale across companies or markets, and influences index composition and risk exposure.
services rendered financial
"334 | 05/30/2024 | Services Rendered"

FAQ

What does the Form 144 filing for PJT indicate about planned stock sales?
The Form 144 notice for PJT indicates that director Kievdi Don Cornwell plans to sell 7,845 shares of PJT Partners Inc. common stock, with an aggregate market value of $1,360,952.95, through Morgan Stanley Smith Barney LLC Executive Financial Services.

Who is selling PJT (PJT) shares under this Form 144 notice?
The notice identifies Kievdi Don Cornwell, a director of PJT Partners Inc., as the person for whose account the securities are to be sold. The shares are held in an account at Morgan Stanley Smith Barney LLC Executive Financial Services.

How many PJT (PJT) shares are outstanding in this Form 144 disclosure?
The Form 144 disclosure for PJT Partners Inc. states that there are 25,564,818 shares of PJT common stock outstanding in connection with this notice of proposed sale under Rule 144.

What is the market value of PJT (PJT) shares covered by this Form 144?
The Form 144 filing reports an aggregate market value of $1,360,952.95 for the 7,845 PJT common shares proposed to be sold under this Rule 144 notice.

What type of compensation awards underlie the PJT (PJT) shares in this Form 144?
The Form 144 lists multiple grants of Performance Stock Units from the issuer as the origin of the PJT shares, each described as issued for services rendered on various dates in 2024, including 05/30/2024, 05/31/2024, 06/04/2024, and later dates.

On which exchange are the PJT (PJT) shares in this Form 144 listed?
The Form 144 specifies that PJT Partners Inc. common stock is listed on the NYSE, in connection with the proposed sale of 7,845 shares under Rule 144.

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144: Filer Information

144: Issuer Information

144: Securities Information



Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold


* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.



Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

144: Remarks and Signature

Source: View Original Filing on SEC EDGAR