Perella Weinberg (PWP) director Bennett granted 5,429 restricted shares in new award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Bennett Roy Edwin reported acquisition or exercise transactions in this Form 4 filing.
Perella Weinberg Partners director Roy Edwin Bennett received an equity grant of 5,429 shares of Class A Common Stock on May 27, 2026. These are unvested restricted stock units that vest at the company’s next general annual stockholder meeting, if he continues serving on the board through that date. After this award, he beneficially owns 7,710 shares directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Bennett Roy Edwin
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 5,429 | $0.00 | -- |
Holdings After Transaction:
Class A Common Stock — 7,710 shares (Direct, null)
Footnotes (1)
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Key Figures
Shares granted: 5,429 shares
Price per share: $0.0000 per share
Shares owned after: 7,710 shares
+1 more
4 metrics
Shares granted
5,429 shares
Class A Common Stock grant on May 27, 2026
Price per share
$0.0000 per share
Reported grant price for awarded shares
Shares owned after
7,710 shares
Total direct beneficial ownership following transaction
Unvested RSUs
5,429 shares
Unvested restricted stock units vesting at next annual meeting
Key Terms
restricted stock units, vest, beneficially owns, Class A Common Stock
4 terms
restricted stock units financial
"Includes 5,429 unvested shares subject to awards of restricted stock units, which vest on the date"
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.
vest financial
"which vest on the date of Perella Weinberg Partners' next general annual stockholder meeting"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
beneficially owns financial
"After this award, he beneficially owns 7,710 shares directly"
Beneficially owns means a person or entity enjoys the economic benefits and control of a security even if the legal title or registration is held in another name. Think of it like having the keys and profits from a car that is registered to a friend: you use it, benefit from it, and make decisions about it even though the official paperwork lists someone else. For investors, this matters because it reveals who truly controls shares, affects voting power, potential conflicts of interest, and regulatory disclosure obligations.
Class A Common Stock financial
"5,429 shares of 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
What insider transaction did Perella Weinberg Partners (PWP) disclose for Roy Edwin Bennett?
Perella Weinberg Partners reported that director Roy Edwin Bennett received an equity grant of 5,429 shares of Class A Common Stock. The award was reported as a grant or other acquisition and increased his direct beneficial ownership to 7,710 shares following the transaction.
Was Roy Edwin Bennett’s PWP stock award a market purchase or compensation grant?
The transaction was classified with code “A,” described as a grant, award, or other acquisition. The 5,429 shares carried a reported price of $0.0000 per share, indicating a compensation-related equity grant rather than an open-market purchase by the director.
Does Roy Edwin Bennett’s PWP Form 4 involve any derivative securities or options?
The filing shows no derivative security transactions for Roy Edwin Bennett. The derivativeSummary section is empty, and the single reported transaction involves non-derivative Class A Common Stock received as restricted stock unit awards, with no option exercise or conversion activity indicated.