PJT Partners (NYSE: PJT) CFO receives 25 RSUs as dividend equivalents
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Meates Helen T reported acquisition or exercise transactions in this Form 4 filing.
PJT Partners Inc. Chief Financial Officer Helen T. Meates received a grant of 25 restricted stock units on March 18, 2026. Each unit represents a right to receive one share of PJT Class A common stock. The grant reflects dividend equivalent rights that accrue in restricted stock units and vest at the same time as the underlying awards. Following this grant, Meates directly holds 13,361 restricted stock units, so this is a small, routine compensation-related increase in her equity position.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Meates Helen T
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 25 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 13,361 shares (Direct)
Footnotes (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.
FAQ
What insider transaction did PJT CFO Helen T. Meates report on this Form 4 for PJT?
Helen T. Meates reported receiving 25 restricted stock units tied to PJT Class A common stock. These units are part of dividend equivalent rights and increase her direct restricted stock unit holdings to 13,361, representing a routine, compensation-related equity adjustment rather than an open-market trade.
What does each restricted stock unit granted to PJT CFO Helen T. Meates represent?
Each restricted stock unit represents a contingent right to receive one share of PJT Class A common stock. These awards typically deliver actual shares only when vesting conditions are met, aligning the executive’s compensation with long-term shareholder value and stock performance over time.
Why did Helen T. Meates receive 25 additional PJT restricted stock units?
The 25 additional restricted stock units reflect dividend equivalent rights connected to PJT’s dividend. These rights accrue as restricted stock units that vest on the same schedule as the underlying restricted stock units, maintaining consistent economic treatment between cash dividends and equity-based awards.
How many PJT restricted stock units does Helen T. Meates hold after this Form 4 transaction?
After this transaction, Helen T. Meates directly holds 13,361 restricted stock units. This figure includes the 25 new units linked to dividend equivalent rights and shows her continuing equity stake through time-vested awards rather than immediate cash or open-market share purchases or sales.
Does this PJT Form 4 show any open-market stock purchases or sales by Helen T. Meates?
This Form 4 does not show any open-market purchases or sales. It reports a grant of 25 restricted stock units as a compensation-related acquisition, recorded at a price of $0.00 per unit, reflecting a non-cash award rather than a market transaction involving PJT shares.
How do the dividend equivalent rights described for PJT restricted stock units work for Helen T. Meates?
Dividend equivalent rights grant Helen T. Meates additional restricted stock units when PJT pays dividends. These extra units vest at the same time as the underlying restricted stock units, preserving the economic value of dividends while keeping compensation in an equity-based, time-vested form.