[144] Perella Weinberg Partners SEC Filing
Perella Weinberg Partners (PWP) filed a Form 144 proposing to sell 177,553 Class A common shares, with an aggregate market value of $3,586,854.68. The sale is to be executed through Morgan Stanley Smith Barney LLC on NASDAQ with an approximate sale date of 08/08/2025. The issuer has 62,521,774 shares outstanding, so the proposed sale represents about 0.28% of outstanding shares.
The securities were acquired in two vesting events under a registered restricted stock plan: 76,287 shares vested on 11/20/2024 and 101,266 shares vested on 01/21/2025; payment is listed as services rendered. The form reports Nothing to Report for securities sold in the past three months. Filer identification fields in the provided content are blank.
- Securities were acquired under a registered restricted stock plan, indicating compliance with plan rules
- Sale will be executed through Morgan Stanley Smith Barney LLC, a major broker-dealer
- None.
Insights
TL;DR: Routine Rule 144 sale of vested restricted shares; small size limits market impact.
The filing shows a proposed sale of 177,553 Class A shares valued at $3.587M, executed through a major broker on NASDAQ. Versus the issuer's 62.52 million shares outstanding, this represents roughly 0.28% of the float, which is small and unlikely to move the market. The shares were acquired via restricted stock vesting under a registered plan, indicating compensation monetization rather than an open-market purchase. No sales in the prior three months are reported, which reduces the near-term pattern risk. Impact rating: 0.
TL;DR: Filing is compliant in form; includes representation about material nonpublic information and 10b5-1 plan language.
The notice includes the standard attestation that the seller does not possess undisclosed material adverse information and references the possibility of a Rule 10b5-1 trading plan. The securities were received as restricted stock vesting under a registered plan and paid as services rendered, which is a common executive compensation mechanism. The filing does not disclose additional governance or disclosure issues and contains blank filer identification fields in the provided content. Impact rating: 0.