[144] Perella Weinberg Partners SEC Filing

Rhea-AI Filing Summary

Perella Weinberg Partners (PWP) insider sale notice: The filer reports a proposed sale of 9,239 common shares, with an aggregate market value of $207,118.98, from an outstanding base of 62,521,774 shares. The sale is scheduled approximately for 09/11/2025 on NASDAQ through Morgan Stanley Smith Barney LLC Executive Financial Services.

The shares were acquired on 09/02/2025 in an exchange of private units from the issuer, with payment described as services rendered. The filing also lists multiple recent open-market sales by Robert Steel and The Robert K. Steel GST Trust in the past three months, including sales on 09/10/2025, 09/09/2025, and 06/11/2025 totaling tens of thousands of shares and gross proceeds shown for each transaction.

Positive

• Transparent disclosure of the proposed sale including broker, exchange, share count, and aggregate value
• Clear acquisition details showing shares were obtained via an exchange of private units and payment noted as services rendered
• Itemized recent insider sales with dates and gross proceeds, improving visibility into insider liquidity

Negative

• Multiple recent insider sales by Robert Steel and The Robert K. Steel GST Trust in the past three months, which may attract investor scrutiny
• Short interval between acquisition and proposed sale (acquired 09/02/2025, proposed sale 09/11/2025) which some investors may question

Insights

Securities Analyst

TL;DR: Insider proposes to sell a small block (9,239 shares) recently acquired via unit exchange; multiple recent insider sales are disclosed.

The proposed sale of 9,239 shares valued at $207,118.98 is explicitly documented and will be executed through a named broker on NASDAQ around 09/11/2025. The shares were acquired nine days earlier via an exchange of private units for services rendered, which is material for tracing origination but not unusual for compensation arrangements. The filing also shows prior open-market dispositions by the same individual and trust across several dates with detailed gross proceeds, indicating recent liquidity events by the insider. Overall, this is a routine Rule 144 notice that increases public transparency about insider holdings and recent sales.

Corporate Governance Expert

TL;DR: Filing is a standard Rule 144 disclosure; it documents acquisition method and subsequent insider sales, supporting governance transparency.

The document clearly states the relationship between the seller and the issuer, the acquisition date and method (exchange of private units), and the nature of payment (services rendered), which are important for governance review. Multiple recent sales by Robert Steel and his trust are itemized with amounts and gross proceeds, enabling stakeholders to assess insider liquidity actions. The notice includes the required certification about absence of undisclosed material adverse information, aligning with regulatory expectations. From a governance standpoint, the filing meets disclosure norms and facilitates market oversight.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common	Morgan Stanley Smith Barney LLC Executive Financial Services 1 New York Plaza 8th Floor New York NY 10004	9239	207118.98	62521774	09/11/2025	NASDAQ

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	09/02/2025	Exchange of Private Units	Issuer			9239	09/02/2025	Services Rendered

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
ROBERT STEEL 767 Fifth Avenue New York NY 10153	Common	09/10/2025	44692	976381.65
THE ROBERT K. STEEL GST TRUST 767 Fifth Avenue New York NY 10153	Common	09/10/2025	6813	148842.93
ROBERT STEEL 767 Fifth Avenue New York NY 10153	Common	09/09/2025	78556	1709496.39
THE ROBERT K. STEEL GST TRUST 767 Fifth Avenue New York NY 10153	Common	09/09/2025	11976	260615.72
ROBERT STEEL 767 Fifth Avenue New York NY 10153	Common	06/11/2025	28214	528947.61

144: Remarks and Signature

Remarks

Date of Notice

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

How many PWP shares are proposed for sale and what is their aggregate value?

The filing proposes sale of 9,239 common shares with an aggregate market value of $207,118.98.

When is the approximate sale date and through which broker will the sale occur?

The approximate date of sale is 09/11/2025, and the sale is to be executed through Morgan Stanley Smith Barney LLC Executive Financial Services on NASDAQ.

How and when were the shares being sold acquired?

The shares were acquired on 09/02/2025 in an exchange of private units from the issuer, with payment described as services rendered.

Has the insider sold other shares recently?

Yes. The filing lists multiple sales by Robert Steel and The Robert K. Steel GST Trust on 09/10/2025, 09/09/2025, and 06/11/2025 with the number of shares and gross proceeds provided for each transaction.

What outstanding share base is reported in the filing?

The filing reports 62,521,774 shares outstanding for the issuer.