PJT Partners exec granted 30 restricted stock units

Managing Partner Lee Ji-Yeun received a small dividend-related RSU award, modestly increasing deferred equity tied to PJT Partners Inc. stock.

Rhea-AI Filing Summary

PJT Partners Inc. (PJT) reported that Managing Partner Lee Ji-Yeun acquired an additional 30 restricted stock units (RSUs) on September 16, 2026 as a grant/award. Each RSU represents a contingent right to receive one share of Class A common stock, bringing Lee’s directly held RSUs to 18,742 units.

The new RSUs represent dividend equivalent rights that accrue in RSUs in connection with PJT’s dividend and will vest at the same time as the underlying RSUs, rather than being immediately settled in shares.

Insider Trade Summary

Grant/Award: 30 shares

Grant/Award 1 txn

Insider Lee Ji-Yeun

Role Managing Partner

Type	Security	Shares	Price	Value
Grant/Award	Restricted Stock Units F1, F2	30	$0.00	$0.00

Holdings After Transaction: Restricted Stock Units — 18,742 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: 30 units RSUs after transaction: 18,742 units Underlying Class A common stock per RSU: 1 share per unit +1 more

4 metrics

Restricted stock units granted 30 units Grant/award acquisition on September 16, 2026

RSUs after transaction 18,742 units Total restricted stock units directly held by Lee Ji-Yeun following the grant

Underlying Class A common stock per RSU 1 share per unit Each RSU represents a contingent right to receive one share of Class A common stock

Transaction price per RSU $0.00 Reported price for the September 16, 2026 RSU grant/award

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

"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.

FAQ

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

What insider transaction did PJT (PJT Partners Inc.) report for Lee Ji-Yeun?

PJT reported that Managing Partner Lee Ji-Yeun received a grant of 30 restricted stock units on September 16, 2026, classified as a grant or award acquisition and recorded as a derivative security tied to Class A common stock.

How many PJT restricted stock units does Lee Ji-Yeun hold after this Form 4 transaction?

After the September 16, 2026 grant, Lee Ji-Yeun holds 18,742 restricted stock units directly. Each RSU represents a contingent right to receive one share of PJT Class A common stock, subject to applicable vesting conditions.

What do the restricted stock units reported for PJT (PJT) represent?

Each reported restricted stock unit represents a contingent right to receive one share of PJT Class A common stock. The units are not current shares but will convert into shares only upon vesting and settlement under PJT’s equity award terms.

Why were 30 additional RSUs granted to Lee Ji-Yeun at PJT?

The 30 additional RSUs represent dividend equivalent rights that accrue in restricted stock units in connection with PJT’s dividend. These dividend-equivalent RSUs vest at the same time or times as the underlying restricted stock units to which they relate.

Was the PJT Form 4 transaction by Lee Ji-Yeun under a Rule 10b5-1 trading plan?

The filing’s Rule 10b5-1 checkbox is not affirmatively checked, and there is no footnote stating it was pursuant to a trading plan. The transaction is reported simply as a grant or award of restricted stock units.

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

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Available on EDGAR 09/18/2026 - 05:00 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^*

Lee Ji-Yeun

(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)
	Managing Partner

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)		30		(2)	(2)	Class A Common Stock	30	$0	18,742	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)