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PJT Partners (PJT) director receives 30 dividend-linked RSUs, now holds 30,167

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Cornwell Kievdi Don reported acquisition or exercise transactions in this Form 4 filing.

PJT Partners Inc. director Cornwell Kievdi Don received a grant of 30 restricted stock units on June 17, 2026. These RSUs were issued as dividend equivalent rights that accrue in restricted stock units and will vest at the same time as the underlying awards. Each unit represents a contingent right to receive one share of PJT Class A common stock, bringing the director’s directly held RSU-based entitlement to 30,167 units.

Positive

  • None.

Negative

  • None.
Insider Cornwell Kievdi Don
Role null
Type Security Shares Price Value
Grant/Award Restricted Stock Units 30 $0.00 --
Holdings After Transaction: Restricted Stock Units — 30,167 shares (Direct, null)
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.
RSUs granted 30 units Restricted stock units granted June 17, 2026
Post-transaction RSU holdings 30,167 units Total restricted stock units following transaction
Grant price $0.0000 per unit Compensation-related RSU grant with no cash exercise price
Transaction date June 17, 2026 Date of RSU grant recorded on Form 4
Restricted Stock Units financial
"security_title: "Restricted Stock Units""
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
dividend equivalent rights financial
"Represents dividend equivalent rights in connection with the Issuer's dividend"
Dividend equivalent rights are promises that mirror the cash payments shareholders get from a company’s profits, but they are paid to holders of certain awards (like stock options or restricted stock units) rather than to actual shares. Think of them as a paycheck top‑up that matches dividends while the award is not yet a real stock, and they matter to investors because they add to employee compensation costs and potential share dilution, affecting company profitability and per‑share value.
Class A common stock financial
"Each restricted stock unit represents a contingent right to receive one share of Issuer 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.
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Form 4 Insider Transactions: What Each Field Means →
SEC Form 4
FORM 4UNITED 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*
Cornwell Kievdi Don
(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)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/17/2026		6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Stock Units(1)06/17/2026A(2)30 (2) (2)Class A Common Stock30$030,167D
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.
David K.F. Gillis, Attorney-in-Fact06/18/2026
** Signature of Reporting PersonDate
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)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did PJT (PJT) report for Cornwell Kievdi Don?

PJT reported that director Cornwell Kievdi Don received 30 restricted stock units on June 17, 2026. These units were granted as dividend equivalent rights tied to existing RSU awards and increase his total directly held RSU-based entitlement to 30,167 units.

What are the 30 restricted stock units granted to PJT (PJT) director Cornwell Kievdi Don?

The 30 restricted stock units are compensation-linked awards, each representing a contingent right to one PJT Class A common share. They were issued as dividend equivalent rights and will vest on the same schedule as the underlying restricted stock units already held.

How many PJT (PJT) restricted stock units does Cornwell Kievdi Don hold after this transaction?

After receiving 30 additional restricted stock units, Cornwell Kievdi Don holds 30,167 units directly. This figure reflects his position following the June 17, 2026 grant of dividend equivalent rights tied to existing restricted stock unit awards.

Was the PJT (PJT) insider transaction a market purchase or sale of shares?

The transaction was not a market purchase or sale. It was a Form 4-reported grant of 30 restricted stock units, categorized as a compensation-related acquisition, with no open-market buying or selling of PJT Class A common stock involved.

What does “dividend equivalent rights” mean in the PJT (PJT) Form 4 filing?

Dividend equivalent rights are credits that mirror dividends on PJT shares, accruing to the insider as additional restricted stock units. In this case, 30 RSUs were granted and will vest at the same time as the underlying restricted stock unit awards.