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PJT Partners (PJT) director granted 1,600 RSUs vesting in 2026–2027

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Cornwell Kievdi Don reported acquisition or exercise transactions in this Form 4 filing.

PJT Partners Inc. director Cornwell Kievdi Don received a grant of 1,600 restricted stock units. Each unit represents a contingent right to one share of Class A common stock.

The RSUs vest in four equal installments on August 31, 2026, November 30, 2026, February 28, 2027, and May 31, 2027. Settlement will occur in stock, cash, or a combination, at the compensation committee’s discretion, on the earlier of service termination or the fifth anniversary of the grant date. Following this award, Cornwell Kievdi Don holds 30,137 restricted stock units directly.

Positive

  • None.

Negative

  • None.
Insider Cornwell Kievdi Don
Role null
Type Security Shares Price Value
Grant/Award Restricted Stock Units 1,600 $0.00 --
Holdings After Transaction: Restricted Stock Units — 30,137 shares (Direct, null)
Footnotes (1)
  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.
RSUs granted 1,600 units Restricted stock units awarded on June 1, 2026
RSUs after grant 30,137 units Total restricted stock units held following transaction
Vesting dates Aug 31 2026; Nov 30 2026; Feb 28 2027; May 31 2027 Four substantially equal vesting installments
RSU-to-share ratio 1 unit : 1 share Each RSU represents one share of Class A common stock
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.
vest financial
"The restricted stock units vest in four substantially equal installments"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
Class A common stock financial
"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.
compensation committee financial
"at the discretion of the Issuer's compensation committee"
A compensation committee is a group within a company's leadership responsible for setting and reviewing how much top executives and employees are paid, including salaries, bonuses, and benefits. It matters to investors because fair and effective pay decisions can influence a company's performance, leadership motivation, and overall governance, helping ensure that the company’s management is aligned with shareholders’ interests.
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Form 4 Insider Transactions: What Each Field Means →
SEC Form 4
FORM 4UNITED 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*
Cornwell Kievdi Don
(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)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/01/2026		6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Stock Units(1)06/01/2026A1,600 (2) (2)Class A Common Stock1,600$030,137D
Explanation of Responses:
1. Each restricted stock unit represents a contingent right to receive one share of Issuer Class A common stock.
2. 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.
/s/ David K.F. Gillis, Attorney-in-Fact06/03/2026
** Signature of Reporting PersonDate
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)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did PJT (PJT) director Cornwell Kievdi Don report?

Cornwell Kievdi Don reported receiving 1,600 restricted stock units as compensation. These RSUs are a form of equity award that can convert into Class A common shares, aligning the director’s interests with shareholders over a multi‑year vesting period.

How many PJT (PJT) restricted stock units were granted in this Form 4?

The filing shows a grant of 1,600 restricted stock units. Each unit represents a contingent right to receive one share of PJT Partners Inc. Class A common stock, subject to vesting and settlement conditions set by the compensation committee.

What is the vesting schedule for the PJT (PJT) director’s new RSUs?

The 1,600 restricted stock units vest in four substantially equal installments. Vesting dates are August 31, 2026, November 30, 2026, February 28, 2027, and May 31, 2027, spreading the award over roughly one year as long as service continues.

When and how will PJT (PJT) restricted stock units be settled?

The RSUs will be settled on the earlier of the director’s service termination or the fifth anniversary of the grant date. Settlement can be in Class A common stock, cash, or a combination, at the discretion of PJT’s compensation committee.

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

After the 1,600-unit grant, total restricted stock units held by Cornwell Kievdi Don are 30,137. This figure reflects RSU holdings following the reported transaction and indicates a meaningful equity-based component in the director’s overall compensation.