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PJT Partners director granted 32 RSUs

PJT Partners director Cornwell Kievdi Don received 32 additional RSUs tied to dividend equivalents, bringing his direct RSU holdings to 30,199.

(Neutral)
(Neutral)
Form Type
4

Rhea-AI Filing Summary

PJT Partners Inc. (symbol: PJT) is the issuer of record for a Form 4 filing submitted to the SEC. Cornwell Kievdi Don reported acquisition or exercise transactions in this Form 4 filing.

PJT Partners Inc. (PJT) reported that director Cornwell Kievdi Don received a grant of 32 Restricted Stock Units on September 16, 2026. Each unit represents a contingent right to receive one share of Class A common stock, and the award reflects dividend equivalent rights that vest on the same schedule as the underlying RSUs. Following this grant, the director holds 30,199 Restricted Stock Units directly.

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Insider Cornwell Kievdi Don
Role Director
Type Security Shares Price Value
Grant/Award Restricted Stock Units F1, F2 32 $0.00 $0.00
Holdings After Transaction: Restricted Stock Units — 30,199 contracts (Direct)
Footnotes (2)
  1. F1. Each restricted stock unit represents a contingent right to receive one share of Issuer Class A common stock.
  2. F2. Represents dividend equivalent rights in connection with the Issuer's dividend that accrue to the reporting person in restricted stock units that vest at the same time(s) as the underlying restricted stock units.
Restricted Stock Units granted 32 units Grant to Cornwell Kievdi Don on September 16, 2026
RSU holdings after transaction 30,199 units Direct Restricted Stock Units held by Cornwell Kievdi Don after the grant
Grant price per RSU $0.00 per unit Reported transaction price for the 32 Restricted Stock Units
Underlying Class A common shares 32 shares Each RSU corresponds to one share of Class A common stock
Derivative transactions reported 1 transaction Single RSU grant/award acquisition reported in this Form 4
Restricted Stock Units financial
"Each restricted stock unit represents a contingent right to receive one share"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
dividend equivalent rights financial
"Represents dividend equivalent rights in connection with the Issuer's dividend"
Dividend equivalent rights are promises that mirror the cash payments shareholders get from a company’s profits, but they are paid to holders of certain awards (like stock options or restricted stock units) rather than to actual shares. Think of them as a paycheck top‑up that matches dividends while the award is not yet a real stock, and they matter to investors because they add to employee compensation costs and potential share dilution, affecting company profitability and per‑share value.
Class A common stock financial
"Each restricted stock unit represents a contingent right to receive one share of Issuer Class A common stock"
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did PJT (PJT) report for Cornwell Kievdi Don?

PJT reported that director Cornwell Kievdi Don received a grant of 32 Restricted Stock Units on September 16, 2026, as part of dividend equivalent rights linked to existing RSUs.

How many PJT Restricted Stock Units does Cornwell Kievdi Don hold after this Form 4?

After the September 16, 2026 grant, Cornwell Kievdi Don directly holds 30,199 Restricted Stock Units in PJT Partners Inc.

What does each PJT Restricted Stock Unit represent in this filing?

Each PJT Restricted Stock Unit represents a contingent right to receive one share of Class A common stock, according to the footnotes in the filing.

Why were 32 new PJT RSUs granted to Cornwell Kievdi Don?

The 32 RSUs represent dividend equivalent rights accruing in connection with PJT’s dividend, and they vest at the same time or times as the underlying restricted stock units.

Was there any purchase or sale of PJT common stock in this Form 4?

No. The Form 4 reports an acquisition of Restricted Stock Units as a grant or award, with no open-market purchase or sale of PJT Class A common stock disclosed.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Cornwell Kievdi Don

(Last)(First)(Middle)
280 PARK AVENUE

(Street)
NEW YORK NEW YORK 10017

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
PJT Partners Inc. [ PJT ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
09/16/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Stock Units(1)09/16/2026A(2)32 (2) (2)Class A Common Stock32$030,199D
Explanation of Responses:
1. Each restricted stock unit represents a contingent right to receive one share of Issuer Class A common stock.
2. Represents dividend equivalent rights in connection with the Issuer's dividend that accrue to the reporting person in restricted stock units that vest at the same time(s) as the underlying restricted stock units.
David K.F. Gillis, Attorney-in-Fact09/18/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

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