PJT Partners GC granted 12 RSUs on 9/16/26

PJT Partners’ General Counsel received a small RSU dividend-equivalent grant, bringing his direct RSU holdings to 7,408 units.

Rhea-AI Filing Summary

PJT Partners Inc. (PJT) reported that its General Counsel, David Adam Travin, received a grant of 12 Restricted Stock Units on September 16, 2026 as a compensation-related acquisition. Each unit represents one share of Class A common stock and reflects dividend equivalent rights that vest on the same schedule as underlying restricted stock units. Following this grant, he holds 7,408 restricted stock units directly. No Rule 10b5-1 trading plan is reported for this transaction.

Insider Trade Summary

Grant/Award: 12 shares

Grant/Award 1 txn

Insider Travin David Adam

Role General Counsel

Type	Security	Shares	Price	Value
Grant/Award	Restricted Stock Units F1, F2	12	$0.00	$0.00

Holdings After Transaction: Restricted Stock Units — 7,408 contracts (Direct)

Footnotes (2)

1. F1. Each restricted stock unit represents a contingent right to receive one share of Issuer Class A common stock.
2. 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

Restricted Stock Units granted: 12 shares RSUs held after transaction: 7,408 shares RSU grant price per unit: $0.00 per unit +2 more

5 metrics

Restricted Stock Units granted 12 shares Grant to General Counsel on September 16, 2026

RSUs held after transaction 7,408 shares Direct Restricted Stock Unit holdings following the grant

RSU grant price per unit $0.00 per unit Compensation-related RSU award on September 16, 2026

Underlying Class A common stock 12 shares Shares of Class A common stock underlying the 12 RSUs granted

Number of derivative transactions reported 1 transaction Single RSU grant reported in this Form 4

Key Terms

Restricted Stock Units, dividend equivalent rights, Class A common stock

3 terms

Restricted Stock Units financial

"Each restricted stock unit represents a contingent right to receive one share"

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

"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.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did PJT (PJT Partners Inc.) disclose in this Form 4?

PJT disclosed that General Counsel David Adam Travin received a grant of 12 Restricted Stock Units on September 16, 2026, as a compensation-related acquisition tied to dividend equivalent rights.

How many PJT RSUs does the General Counsel hold after this reported transaction?

After the reported grant, the General Counsel directly holds 7,408 Restricted Stock Units, each representing one share of PJT Class A common stock upon vesting and settlement.

What does each PJT Restricted Stock Unit represent in this Form 4 filing?

Each Restricted Stock Unit represents a contingent right to receive one share of PJT Class A common stock, according to the footnote describing the RSU terms.

What is the nature of the 12 PJT RSUs granted to the General Counsel?

The 12 RSUs represent dividend equivalent rights that accrue in restricted stock units in connection with PJT’s dividend and vest at the same time as the underlying restricted stock units.

Was the PJT insider RSU grant made under a Rule 10b5-1 trading plan?

No. The filing indicates the Rule 10b5-1 box is unchecked, so this RSU grant is not reported as being made pursuant to a Rule 10b5-1 trading plan.

What price per share is associated with the 12 PJT RSUs granted?

The transaction lists a price per share of $0.00, consistent with a compensation-related grant rather than an open-market purchase.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Available on EDGAR 09/18/2026 - 05:01 PM Accepted by SEC EDGAR 09/18/2026 - 05:00 PM Learn about SEC filing dates

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

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^*

Travin David Adam

(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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	General Counsel

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
09/16/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form 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)
			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)	09/16/2026		A(2)		12		(2)	(2)	Class A Common Stock	12	$0	7,408	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.

	David K.F. Gillis, Attorney-in-Fact	09/18/2026
	** 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.
* Form 4: SEC 1474 (03-26)