PJT Partners (PJT) director receives 1,600 RSUs vesting through 2027
Rhea-AI Filing Summary
PJT Partners Inc. director Peter L. S. Currie received a grant of 1,600 restricted stock units (RSUs), each tied to one share of Class A common stock. The award is compensation, not an open-market purchase, and carries a zero exercise price.
The RSUs vest in four substantially equal installments on August 31, 2026, November 30, 2026, February 28, 2027, and May 31, 2027. They will be settled in Class A common stock, cash, or a combination at the discretion of the compensation committee, generally no later than the earlier of the director’s service termination or the fifth anniversary of the grant date. Following this grant, Currie directly holds 3,342 RSUs in total.
Positive
- None.
Negative
- None.
Insights
Routine director equity grant using RSUs with multi-year vesting.
This transaction shows PJT Partners awarding 1,600 RSUs to director Peter L. S. Currie as part of standard board compensation. The award has no exercise price and converts into Class A common stock on a one-for-one basis or may be settled in cash.
The RSUs vest in four installments from August 2026 through May 2027, aligning director incentives with shareholders over time. Since this is a non-market grant rather than an open-market trade, it carries limited signaling value about the director’s view of the stock.
After the grant, Currie directly holds 3,342 RSUs, indicating a growing equity-based stake tied to continued service and future vesting milestones. Subsequent company disclosures may update how much of this equity ultimately settles in stock versus cash.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 1,600 | $0.00 | -- |
Footnotes (1)
- Each restricted stock unit represents a contingent right to receive one share of Issuer Class A common stock. The restricted stock units vest in four substantially equal installments on each of August 31, 2026, November 30, 2026, February 28, 2027, and May 31, 2027. The restricted stock units will be settled on the earlier of the termination of services of such director or the fifth anniversary of the grant date and will be settled in either Class A common stock or cash (or a combination thereof) at the discretion of the Issuer's compensation committee.