PJT Partners director granted 19 dividend RSUs
A PJT Partners Inc. director received 19 dividend-equivalent restricted stock units, increasing his directly held RSUs to 11,940.
Rhea-AI Filing Summary
PJT Partners Inc. director Thomas M. Ryan reported an acquisition of derivative equity on September 16, 2026. He received a grant of 19 Restricted Stock Units, each representing a contingent right to receive one share of PJT Class A common stock, bringing his directly held RSUs to 11,940.
The 19 RSUs represent dividend equivalent rights that accrued in connection with PJT’s dividend and will vest at the same time or times as the underlying restricted stock units to which they relate.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 19 shares
Grant/Award
1 txn
Insider
RYAN THOMAS M
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units F1, F2 | 19 | $0.00 | $0.00 |
Holdings After Transaction:
Restricted Stock Units — 11,940 contracts (Direct)
Footnotes (2)
- F1. Each restricted stock unit represents a contingent right to receive one share of Issuer Class A common stock.
- 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: 19 units
Transaction price per unit: $0.0000 per unit
RSUs following transaction: 11,940 units
+2 more
5 metrics
Restricted Stock Units granted
19 units
Dividend equivalent RSUs granted on September 16, 2026
Transaction price per unit
$0.0000 per unit
Reported for the 19 Restricted Stock Units acquired
RSUs following transaction
11,940 units
Total directly held Restricted Stock Units after the grant
Underlying Class A common stock per RSU
1 share per unit
Each RSU represents a contingent right to one Class A share
RSU type
Dividend equivalent rights
RSUs accrue as dividend equivalents and vest with underlying RSUs
Key Terms
Restricted Stock Units, dividend equivalent rights, Class A common stock, contingent right
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
"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.
contingent right financial
"represents a contingent right to receive one share of Issuer Class A"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did PJT (PJT) report for Thomas M. Ryan?
PJT Partners Inc. reported that director Thomas M. Ryan acquired 19 Restricted Stock Units on September 16, 2026, as a grant of dividend equivalent rights tied to the company’s dividend.
How many PJT Restricted Stock Units does the director hold after this Form 4 transaction?
After the reported transaction, the director directly holds 11,940 Restricted Stock Units, each representing a contingent right to receive one share of PJT Class A common stock, as disclosed in the filing.
What do the newly granted PJT Restricted Stock Units represent?
Each of the 19 newly granted Restricted Stock Units represents a contingent right to receive one share of PJT Class A common stock, according to the disclosure and accompanying footnote.
Why were the 19 PJT Restricted Stock Units granted to the director?
The 19 Restricted Stock Units represent dividend equivalent rights that accrued in connection with PJT’s dividend and are credited as RSUs that vest at the same time or times as the related underlying restricted stock units.
Do the PJT dividend-equivalent Restricted Stock Units have a cash purchase price?
No cash price was paid. The Form 4 shows a transaction price per share of $0.0000 for the 19 Restricted Stock Units, reflecting that these are dividend equivalent rights rather than a market purchase.
AI-generated analysis. How Rhea-AI works. Not financial advice.
