PJT Partners (PJT) director adds dividend-equivalent restricted stock units to holdings

Rhea-AI Filing Summary

Skaugen Grace Reksten reported acquisition or exercise transactions in this Form 4 filing.

PJT Partners Inc. director Grace Reksten Skaugen reported a small compensation-related equity grant. She received 8 restricted stock units (RSUs), each representing a contingent right to receive one share of PJT Class A common stock. These RSUs are dividend-equivalent rights that accrue in connection with the company’s dividend and will vest at the same time as the underlying RSUs. Following this grant, she holds 5,955 RSUs in total, indicating the new award is a routine, incremental addition to her existing equity-based compensation rather than a market transaction.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Skaugen Grace Reksten

Role null

Type	Security	Shares	Price	Value
Grant/Award	Restricted Stock Units	8	$0.00	--

Holdings After Transaction: Restricted Stock Units — 5,955 shares (Direct, null)

Footnotes (1)

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.

Key Figures

RSUs granted: 8 units RSUs after transaction: 5,955 units Transaction price per unit: $0.0000 per unit +1 more

4 metrics

RSUs granted 8 units Restricted stock units awarded as compensation

RSUs after transaction 5,955 units Total restricted stock units held following grant

Transaction price per unit $0.0000 per unit Grant price for restricted stock units

Underlying shares 8 shares Class A common shares underlying the new RSUs

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"

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.

Grant, award, or other acquisition financial

"transaction code description: Grant, award, or other acquisition"

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Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 06/18/2026 - 04:30 PM Accepted by SEC EDGAR 06/18/2026 - 04:30 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^*

Skaugen Grace Reksten

(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)

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/17/2026

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)	06/17/2026		A(2)		8		(2)	(2)	Class A Common Stock	8	$0	5,955	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	06/18/2026
	** 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)

FAQ

What insider transaction did PJT (PJT) director Grace Reksten Skaugen report?

Grace Reksten Skaugen reported receiving 8 restricted stock units as compensation. Each RSU represents a contingent right to receive one share of PJT Class A common stock, adding modestly to her existing equity-based holdings at the company.

Is the PJT (PJT) Form 4 transaction a stock purchase or sale?

The Form 4 transaction is not a market purchase or sale. It reflects a grant of 8 restricted stock units as compensation, classified as an acquisition under code A, rather than an open-market trade in PJT Partners Inc. shares.

How many PJT (PJT) restricted stock units does the director hold after this grant?

After the grant, the director holds 5,955 restricted stock units in total. This figure includes the newly awarded 8 RSUs, which are dividend-equivalent rights tied to PJT’s dividends and vest alongside the underlying restricted stock units.

What do the PJT (PJT) restricted stock units granted to the director represent?

Each restricted stock unit represents a contingent right to receive one share of PJT Class A common stock. The 8 units granted are dividend-equivalent rights that accrue in RSUs and vest on the same schedule as the related underlying RSU awards.

Are the PJT (PJT) director’s new RSUs related to company dividends?

Yes. The 8 new restricted stock units represent dividend equivalent rights tied to PJT’s dividend. They accrue to the reporting person in RSUs and will vest at the same time as the underlying restricted stock unit awards they are associated with.