PJT Partners (NYSE: PJT) counsel gains 5,052 shares from RSU conversion

Rhea-AI Filing Summary

PJT Partners Inc. General Counsel David Adam Travin acquired shares through the settlement of previously granted restricted stock units. On March 2, 2026, 5,052 restricted stock units were exercised and converted on a one-for-one basis into 5,052 shares of Class A common stock, all held as direct ownership.

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

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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^*

Travin David Adam

(Last) (First) (Middle)

280 PARK AVENUE

(Street)

NEW YORK NY 10017

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
PJT Partners Inc. [ PJT ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

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

3. Date of Earliest Transaction (Month/Day/Year)
03/02/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

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

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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	03/02/2026		M		5,052(1)	A	(2)	5,052	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
Restricted Stock Units	(2)	03/02/2026		M			5,052	(3)	(3)	Class A Common Stock	5,052	$0	12,423	D

Explanation of Responses:

1. Represents Class A common stock of the Issuer acquired upon settlement of a restricted stock unit award previously granted to the Reporting Person.

2. Restricted stock units convert into shares of Class A common stock of the Issuer on a one-for-one basis.

3. Restricted stock units previously granted by the Issuer to the Reporting Person as a long-term incentive award.

	/s/ David K.F. Gillis, Attorney-in-Fact	03/03/2026
	** 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).
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FAQ

What insider transaction did PJT (PJT) report for David Adam Travin?

PJT reported that General Counsel David Adam Travin acquired 5,052 shares of Class A common stock. These shares came from the settlement of an existing restricted stock unit award, not an open-market purchase, and were received at a price of $0.00 per share.

When did the PJT (PJT) restricted stock units for David Adam Travin convert?

The restricted stock units for David Adam Travin converted on March 2, 2026. On this date, 5,052 restricted stock units were exercised and settled into 5,052 shares of PJT Class A common stock on a one-for-one basis, according to the Form 4 filing.

How many PJT (PJT) shares did David Adam Travin hold after the Form 4 transaction?

After the transaction, David Adam Travin directly held 5,052 shares of PJT Class A common stock. The filing also shows he held 12,423 restricted stock units following the derivative transaction, representing additional potential future Class A common stock on a one-for-one conversion basis.

What was the nature of the PJT (PJT) derivative transaction reported for David Adam Travin?

The derivative transaction was an exercise or conversion of restricted stock units into common shares. It involved 5,052 restricted stock units converting into 5,052 shares of PJT Class A common stock at a stated price of $0.00 per share, reflecting settlement of a long-term incentive award.

Were the PJT (PJT) shares acquired by David Adam Travin a long-term incentive award?

Yes, the restricted stock units were previously granted as a long-term incentive award by PJT. The Form 4 footnotes explain that the units were awarded by the issuer and later settled into Class A common stock on a one-for-one basis upon conversion.

Did David Adam Travin buy or sell PJT (PJT) shares on the open market?

The Form 4 does not show any open-market buying or selling by David Adam Travin. Instead, it reports an acquisition of 5,052 PJT Class A common shares through the exercise and settlement of restricted stock units previously granted as a long-term incentive award.