[Form 4] PJT Partners Inc. Insider Trading Activity

Rhea-AI Filing Summary

Helen T. Meates, identified as Chief Financial Officer and a reporting person for PJT Partners Inc. (PJT), acquired 31 restricted stock units on 09/17/2025. Each restricted stock unit represents a contingent right to receive one share of the issuer's Class A common stock. The filing shows these units include dividend equivalent rights that vest with the underlying restricted stock units. The transaction price is listed as $0. After the reported transaction, the reporting person beneficially owns 22,929 shares of Class A common stock in a direct ownership form. The Form 4 was signed by an attorney-in-fact on 09/19/2025.

Positive

• 31 restricted stock units granted to the Chief Financial Officer, documented with dividend equivalent rights
• Post-transaction beneficial ownership disclosed: 22,929 shares of Class A common stock (direct)

Negative

• None.

Insights

Financial Analyst

TL;DR: Routine insider grant of 31 RSUs to the CFO; small incremental share-based compensation, no immediate cash impact.

The Form 4 discloses an award of 31 restricted stock units to the CFO, each convertible into one Class A share and carrying dividend equivalents. The units were issued at $0, consistent with standard equity compensation rather than a market purchase. The post-transaction direct beneficial ownership is 22,929 shares, which provides context for the officer's stake but indicates this specific grant is small relative to total holdings. There is no derivative transaction, exercise price, or cash consideration reported, and no indication of disposal or sale.

Corporate Governance Expert

TL;DR: Standard disclosure of executive equity grant with dividend equivalents; governance and disclosure requirements appear met.

The filing documents a standard equity award (restricted stock units) to an executive officer and includes required detail: transaction date, number of units, nature of units, and resulting beneficial ownership. The inclusion of dividend equivalent rights and the filing via attorney-in-fact with signature date satisfies procedural disclosure norms. The size of the grant (31 RSUs) is modest and presented as a direct beneficial ownership increase.

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).

1. Name and Address of Reporting Person^*

Meates Helen T

(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)
	Chief Financial Officer

3. Date of Earliest Transaction (Month/Day/Year)
09/17/2025

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

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)	09/17/2025		A(2)		31		(2)	(2)	Class A Common Stock	31	$0	22,929	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, as Attorney-in-Fact	09/19/2025
	** 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 Helen T. Meates report on Form 4 for PJT (PJT)?

The Form 4 reports an acquisition of 31 restricted stock units on 09/17/2025 by Helen T. Meates, Chief Financial Officer.

Do the restricted stock units include dividend equivalents?

Yes. The filing states the restricted stock units represent dividend equivalent rights that accrue and vest with the underlying units.

What is the reported price for the restricted stock units?

The transaction shows a price of $0, consistent with an equity award rather than a purchase.

How many shares does the reporting person beneficially own after the transaction?

After the reported transaction, the reporting person beneficially owns 22,929 shares of Class A common stock (direct ownership).

When was the Form 4 signed and by whom?

The filing was signed by an attorney-in-fact, David K.F. Gillis, on 09/19/2025.