PJT Partners (PJT) director awarded 9 dividend-equivalent RSUs

Rhea-AI Filing Summary

PJT Partners Inc. reported an insider equity transaction involving its Class A common stock. A company director received 9 restricted stock units (RSUs) on 12/17/2025. Each RSU represents a contingent right to receive one share of PJT Partners Class A common stock.

The 9 RSUs represent dividend equivalent rights that accrued in connection with the company’s dividend and will vest at the same time as the director’s underlying RSUs. After this transaction, the director beneficially owns 6,418 derivative securities, all held directly.

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

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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 NY 10017

(City) (State) (Zip)

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)

3. Date of Earliest Transaction (Month/Day/Year)
12/17/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

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

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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)	12/17/2025		A(2)		9		(2)	(2)	Class A Common Stock	9	$0	6,418	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.

	/s/ David K.F. Gillis, Attorney-in-Fact	12/19/2025
	** 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).
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FAQ

What insider transaction did PJT (PJT) report in this filing?

A PJT Partners Inc. director received 9 restricted stock units (RSUs) tied to the company’s Class A common stock on 12/17/2025.

What does each restricted stock unit represent for PJT Partners Inc. (PJT)?

Each restricted stock unit represents a contingent right to receive one share of PJT Partners Inc. Class A common stock.

Why were the 9 PJT (PJT) restricted stock units granted to the director?

The 9 RSUs represent dividend equivalent rights that accrued in connection with PJT Partners Inc.’s dividend and are credited as additional RSUs.

When do the new PJT (PJT) dividend-equivalent RSUs vest?

The dividend-equivalent RSUs will vest at the same time as the director’s underlying restricted stock units.

How many PJT Partners (PJT) derivative securities does the director own after this transaction?

Following this transaction, the director beneficially owns 6,418 derivative securities, consisting of restricted stock units held directly.

What is the director’s relationship to PJT Partners Inc. (PJT)?

The reporting person in this filing is identified as a director of PJT Partners Inc.