PJT Partners (NYSE: PJT) director sells 1,100 shares at $167.35 average price

Rhea-AI Filing Summary

PJT Partners Inc. director Emily K. Rafferty reported selling 1,100 shares of Class A Common Stock on 2026-08-10 in an open-market or private sale. The shares were sold at a weighted average price of $167.3545 per share, with individual sale prices ranging from $167.26 to $167.58. Following this transaction, she directly holds 9,568 shares of PJT Partners Inc. common stock.

Insider Trade Summary

Net Seller: 1,100 shares

Net Sell 1 txn

Insider Rafferty Emily K

Role Director

Sold 1,100 shs ($184K)

Type	Security	Shares	Price	Value
Sale	Class A Common Stock F1	1,100	$167.3545	$184K

Holdings After Transaction: Class A Common Stock — 9,568 shares (Direct)

Footnotes (1)

1. F1. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $167.26 to $167.58, inclusive. The reporting person undertakes to provide the Issuer, any security holder of the Issuer, or to the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth above.

Key Figures

Shares sold: 1,100 shares Weighted average sale price: $167.3545 per share Sale price range: $167.26 to $167.58 per share +2 more

5 metrics

Shares sold 1,100 shares Class A Common Stock sale on 2026-08-10 by director Emily K. Rafferty

Weighted average sale price $167.3545 per share Average price for 1,100 PJT Class A shares sold

Sale price range $167.26 to $167.58 per share Range of individual transaction prices in the reported sale

Shares owned after sale 9,568 shares Director’s direct holdings of PJT Class A Common Stock following the transaction

Transaction code S Sale in open market or private transaction as reported for this Form 4

Key Terms

weighted average price, Class A Common Stock, Rule 10b5-1

3 terms

weighted average price financial

"The price reported in Column 4 is a weighted average price."

Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.

Class A Common Stock financial

"security_title: Class A Common Stock reported as the security sold."

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.

Rule 10b5-1 regulatory

"The filing includes a Rule 10b5-1 checkbox indicating plan status."

Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.

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

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Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 08/10/2026 - 05:30 PM Accepted by SEC EDGAR 08/10/2026 - 05:30 PM Learn about SEC filing dates

FAQ

What insider transaction did PJT (PJT Partners Inc.) disclose in this Form 4?

PJT Partners Inc. disclosed that director Emily K. Rafferty sold 1,100 shares of Class A Common Stock on 2026-08-10. The sale was reported as a standard open-market or private transaction.

At what price did the PJT director sell her 1,100 shares?

The 1,100 PJT shares were sold at a weighted average price of $167.3545 per share. A footnote states individual trades ranged from $167.26 to $167.58, with full trade details available upon request.

How many PJT shares does Emily K. Rafferty own after this sale?

After the reported sale, Emily K. Rafferty directly holds 9,568 shares of PJT Partners Inc. Class A Common Stock. This post-transaction holding is disclosed in the Form 4 as the total shares following the transaction.

Was the PJT insider sale made under a Rule 10b5-1 trading plan?

The filing’s Rule 10b5-1 checkbox is not checked, and there is no footnote indicating a trading plan. Based on this disclosure, the sale is not affirmed as being made pursuant to a Rule 10b5-1 plan.

What does the price range in the PJT Form 4 footnote mean for investors?

The footnote explains the sale used a weighted average price because shares were sold in multiple trades between $167.26 and $167.58. The insider offers to provide the exact number of shares at each price upon request.

SEC Form 4

FORM 4

UNITED 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^*

Rafferty Emily K

(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)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
08/10/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form 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)
			Code	V	Amount	(A) or (D)	Price
Class A Common Stock	08/10/2026		S		1,100	D	$167.3545(1)	9,568	D

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $167.26 to $167.58, inclusive. The reporting person undertakes to provide the Issuer, any security holder of the Issuer, or to the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth above.

	David K.F. Gillis, Attorney-in-Fact	08/10/2026
	** Signature of Reporting Person	Date
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)