PJT Partners (NYSE: PJT) director granted 12 dividend-linked RSUs

Rhea-AI Filing Summary

PJT Partners Inc. director Grace Reksten Skaugen reported an acquisition of 12 restricted stock units (RSUs) tied to the company’s Class A common stock. Each RSU represents a contingent right to receive one share of Class A common stock.

The grant reflects dividend equivalent rights that accrue in RSUs in connection with PJT Partners’ dividend and will vest at the same time as the underlying RSUs. Following this award, Skaugen holds 6,430 RSUs directly, indicating a small, routine, compensation-related increase in her equity-based holdings rather than an open-market transaction.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Skaugen Grace Reksten

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Restricted Stock Units	12	$0.00	--

Holdings After Transaction: Restricted Stock Units — 6,430 shares (Direct)

Footnotes (1)

1. Each restricted stock unit represents a contingent right to receive one share of Issuer Class A common stock. 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.

Form 4 Insider Transactions: What Each Field Means →

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
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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^*

Skaugen Grace Reksten

(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)
03/18/2026

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

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
Restricted Stock Units	(1)	03/18/2026		A(2)		12		(2)	(2)	Class A Common Stock	12	$0	6,430	D

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.

	/s/ David K.F. Gillis	03/20/2026
	** 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)

FAQ

What insider transaction did PJT (PJT Partners Inc.) report on this Form 4?

PJT Partners Inc. reported that director Grace Reksten Skaugen received 12 restricted stock units. These RSUs are compensation-related awards, not open-market purchases, and are linked to dividend equivalent rights accruing on existing restricted stock units.

How many PJT Partners RSUs does Grace Reksten Skaugen hold after this transaction?

After the reported award, Grace Reksten Skaugen holds 6,430 restricted stock units. These RSUs represent contingent rights to receive shares of PJT Partners’ Class A common stock upon vesting according to the applicable restricted stock unit terms.

What does each PJT Partners restricted stock unit represent in this Form 4 filing?

Each restricted stock unit reported for PJT Partners represents a contingent right to receive one share of Class A common stock. The units are not shares today, but convert into shares when the vesting conditions are met under the grant terms.

Why did Grace Reksten Skaugen receive 12 additional PJT Partners restricted stock units?

The 12 additional RSUs reflect dividend equivalent rights associated with PJT Partners’ dividend. These rights accrue as restricted stock units and vest at the same time as the underlying restricted stock units already held by Grace Reksten Skaugen.

Is the PJT Partners Form 4 transaction an open-market buy or a compensation grant?

The PJT Partners Form 4 shows a compensation-related grant, coded as an acquisition (A), not an open-market purchase. It arises from dividend equivalent rights accruing as additional restricted stock units for the director’s existing equity awards.