[Form 4] PJT Partners Inc. Insider Trading Activity

Rhea-AI Filing Summary

Skaugen Grace Reksten, a director of PJT Partners Inc., reported a sale of Class A common stock on 08/07/2025. The Form 4 shows a transaction code "S" and a price of $176.89 per share, lists 500 shares disposed and reports 1,504 shares beneficially owned following the transaction, held directly. The filing is signed on 08/08/2025 and lists the reporting address as 280 Park Avenue, New York, NY 10017.

Positive

• Timely disclosure of insider transaction via Form 4
• Complete transaction details provided: class, date, price and share counts

Negative

• Insider sale: 500 shares sold at $176.89 on 08/07/2025
• Reduced director holdings reported as 1,504 shares following the transaction

Insights

Corporate Governance Expert

TL;DR: Timely Form 4 filing documents a routine director sale; disclosure supports compliance and transparency.

The filing identifies the reporting person as a director and discloses a sale transaction with price and share counts, which satisfies Section 16 disclosure obligations. The report was executed promptly and includes the reporting person's address and a manual signature, indicating procedural compliance. The filing does not include additional context on motivation or planned transactions.

Securities Analyst

TL;DR: Director sold 500 shares at $176.89, leaving 1,504 shares beneficially owned; the transaction appears immaterial on its face.

The Form 4 shows a single sale on 08/07/2025 at a per-share price of $176.89 and reports 1,504 shares held directly after the sale. Based solely on the disclosed quantities, the trade is small in absolute terms and the filing contains no other transactions or derivative positions. No earnings or valuation data are provided in this filing to assess broader impact.

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^*

Skaugen Grace Reksten

(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)

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

3. Date of Earliest Transaction (Month/Day/Year)
08/07/2025

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	08/07/2025		S		1,504	D	$176.89	500	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:

	/s/ David K.F. Gillis	08/08/2025
	** 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.

FAQ

What transaction did Skaugen Grace Reksten report on the Form 4 for PJT (PJT)?

The Form 4 reports a sale of Class A common stock on 08/07/2025 at a price of $176.89 per share.

How many PJT shares did the reporting person dispose of and how many are owned after the sale?

The filing lists 500 shares disposed and shows 1,504 shares beneficially owned following the reported transaction.

What is the reporting person's relationship to PJT Partners Inc.?

The filing identifies Skaugen Grace Reksten as a Director of PJT Partners Inc.

When was the Form 4 signed?

The Form 4 includes a signature dated 08/08/2025.

What address is listed for the reporting person on the Form 4?

The filing lists the reporting person's address as 280 Park Avenue, New York, NY 10017.