PJT Partners (NYSE: PJT) general counsel sells 3,000 Class A shares

Rhea-AI Filing Summary

PJT Partners Inc. General Counsel David Adam Travin reported open-market sales of 3,000 shares of the company’s Class A common stock. The transactions occurred on May 6, 2026 in two blocks: 252 shares at a weighted average price of $152.92 per share and 2,748 shares at a weighted average price of $152.38 per share.

The filing notes these sales were executed in multiple trades within price ranges of $151.73–$152.67 and $152.74–$153.15, respectively. Following the reported sales, Travin directly holds 2,304 shares of PJT Partners Class A common stock.

Insider Trade Summary

Net Seller: 3,000 shares ($457,276)

Net Sell 2 txns

Insider Travin David Adam

Role General Counsel

Sold 3,000 shs ($457K)

Type	Security	Shares	Price	Value
Sale	Class A Common Stock	2,748	$152.38	$419K
Sale	Class A Common Stock	252	$152.92	$39K

Holdings After Transaction: Class A Common Stock — 2,304 shares (Direct, null)

Footnotes (1)

1. Represents Class A common stock of the Issuer acquired upon settlement of a restricted stock unit award previously granted to the Reporting Person. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transacations ranging from $151.73 to $152.67, inclusive. The reporting person undertakes to provide to 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. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $152.74 to $153.15, inclusive. The reporting person undertakes to provide to 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

Total shares sold: 3,000 shares First transaction size: 252 shares First transaction price: $152.92 per share +5 more

8 metrics

Total shares sold 3,000 shares Aggregate open-market sales on May 6, 2026

First transaction size 252 shares Class A common stock sold on May 6, 2026

First transaction price $152.92 per share Weighted average sale price for 252 shares

Second transaction size 2,748 shares Class A common stock sold on May 6, 2026

Second transaction price $152.38 per share Weighted average sale price for 2,748 shares

Post-transaction holdings 2,304 shares Direct Class A common stock held after reported sales

First price range $151.73–$152.67 Range of prices for trades in first sale block

Second price range $152.74–$153.15 Range of prices for trades in second sale block

Key Terms

restricted stock unit, weighted average price, open-market sale, Class A Common Stock

4 terms

restricted stock unit financial

"acquired upon settlement of a restricted stock unit award previously granted"

A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.

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.

open-market sale financial

"transaction_action": "open-market sale""

An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.

Class A Common Stock financial

"security_title": "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.

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
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^*

Travin David Adam

(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)

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/06/2026

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	05/06/2026		S		2,748(1)	D	$152.38(2)	2,304	D
Class A Common Stock	05/06/2026		S		252(1)	D	$152.92(3)	2,052	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

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. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transacations ranging from $151.73 to $152.67, inclusive. The reporting person undertakes to provide to 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.

3. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $152.74 to $153.15, inclusive. The reporting person undertakes to provide to 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	05/08/2026
	** 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 did PJT (PJT Partners Inc.)’s general counsel report in this Form 4?

The general counsel, David Adam Travin, reported selling 3,000 shares of PJT Partners Class A common stock in open-market transactions on May 6, 2026, and now directly holds 2,304 shares following these sales, according to the filing’s post-transaction ownership figures.

How many PJT Partners (PJT) shares did the insider sell and at what prices?

David Adam Travin sold 3,000 PJT Partners Class A shares in two blocks: 252 shares at a weighted average price of $152.92 and 2,748 shares at a weighted average price of $152.38, with individual trades executed within specified narrow price ranges.

What is David Adam Travin’s remaining PJT (PJT) shareholding after the reported sales?

After the May 6, 2026 sales, the filing shows David Adam Travin directly owning 2,304 shares of PJT Partners Class A common stock. This post-transaction balance reflects his direct holdings following the two reported open-market sale transactions.

Were PJT (PJT) shares sold in a single trade or multiple transactions?

The reported PJT Partners share sales were executed as multiple trades. Each transaction line reflects a weighted average price, with underlying trades occurring within price ranges of $151.73–$152.67 and $152.74–$153.15, as disclosed in the filing’s footnotes.

What type of transactions did PJT’s general counsel execute in this Form 4?

The filing describes the insider’s activity as open-market sales of Class A common stock, coded as “S” transactions. Both entries are non-derivative sales, with no accompanying option exercises or derivative conversions reported in the derivative section.

Does the PJT (PJT) Form 4 mention restricted stock units for the general counsel?

A footnote explains that certain Class A common shares were originally acquired upon settlement of a restricted stock unit award previously granted to David Adam Travin. The current Form 4 focuses on subsequent open-market sales of common shares, not the RSU grant itself.