PJT director granted 8 restricted stock units
Rafferty Emily K reported acquisition or exercise transactions in this Form 4 filing.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Form Type
4
Rhea-AI Filing Summary
Rafferty Emily K reported acquisition or exercise transactions in this Form 4 filing.
PJT Partners Inc. director Emily K. Rafferty received a grant of 8 restricted stock units on June 17, 2026. Each unit represents a contingent right to one share of Class A common stock and reflects dividend equivalent rights that vest with the underlying awards. Following this grant, she holds 5,962 restricted stock units.
Insider Trade Summary
Grant/Award: 8 shares
Grant/Award
1 txn
Insider
Rafferty Emily K
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 8 | $0.00 | $0.00 |
Holdings After Transaction:
Restricted Stock Units — 5,962 contracts (Direct)
Footnotes (2)
- F1. Each restricted stock unit represents a contingent right to receive one share of Issuer Class A common stock.
- F2. 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.
Key Figures
RSUs granted: 8 restricted stock units
RSUs after transaction: 5,962 restricted stock units
RSU grant price: $0.00 per unit
+1 more
4 metrics
RSUs granted
8 restricted stock units
Grant on June 17, 2026
RSUs after transaction
5,962 restricted stock units
Holdings following June 17, 2026 grant
RSU grant price
$0.00 per unit
Compensation grant, not open-market purchase
Underlying shares
1 share per RSU
Each unit tied to one Class A common share
Key Terms
Restricted Stock Units, dividend equivalent rights, Class A common stock, grant, award, or other acquisition
4 terms
Restricted Stock Units financial
"Each restricted stock unit represents a contingent right to receive one share of Issuer Class A common stock."
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 that accrue to the reporting person in restricted stock units."
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.
grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did PJT (PJT) report for Emily K. Rafferty?
PJT reported that director Emily K. Rafferty received 8 restricted stock units on June 17, 2026. These units are tied to dividend equivalent rights and increase her total restricted stock unit holdings to 5,962 after the transaction.
How many PJT Partners restricted stock units did Rafferty receive?
Rafferty received 8 restricted stock units linked to PJT Partners Class A common stock. The award reflects dividend equivalent rights and brings her total restricted stock unit position to 5,962 units following the acquisition reported in this Form 4.
What does each PJT Partners restricted stock unit represent?
Each PJT Partners restricted stock unit represents a contingent right to receive one share of the company’s Class A common stock. The units typically vest over time or upon specified conditions, at which point shares may be delivered to the holder.
What are dividend equivalent rights in PJT’s Form 4 filing?
Dividend equivalent rights are additional restricted stock units that accrue when PJT pays dividends. For Rafferty, these rights accrue as units that vest at the same time as the underlying restricted stock units, effectively mirroring dividend payments on unvested awards.
What is Rafferty’s PJT restricted stock unit balance after this transaction?
After receiving 8 additional restricted stock units, Rafferty’s total restricted stock unit holdings are 5,962. This figure reflects her direct derivative position in PJT Partners equity-based compensation following the June 17, 2026 grant.
AI-generated analysis. How Rhea-AI works. Not financial advice.
Accepted by SEC EDGAR
Learn about SEC filing dates