Perella Weinberg CFO exercises 4,000 PSUs
PWP’s CFO and COO settled 4,000 performance-based units into Class A shares, with part of the shares withheld to cover related tax obligations.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Form Type
4
Rhea-AI Filing Summary
Perella Weinberg Partners (PWP) reported that on August 31, 2026, CFO and COO Alexandra Gottschalk exercised 4,000 Performance-Based Stock Units (PSUs), converting them into 4,000 shares of Class A common stock. These PSUs vested upon satisfaction of specified service-based and performance-based vesting conditions.
On the same date, 1,626 shares of Class A common stock were deemed disposed to the issuer at $16.98 per share to satisfy tax withholding obligations related to the vesting. No Rule 10b5-1 trading plan is reported for these transactions.
Insider Trade Summary
4,000 shares exercised/converted
Exercise
3 txns
Insider
Gottschalk Alexandra
Role
CFO and COO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Performance-Based Stock Units F2, F3, F4 | 4,000 | $0.00 | $0.00 |
| Exercise | Class A Common Stock | 4,000 | $0.00 | $0.00 |
| Tax Withholding | Class A Common Stock F1 | 1,626 | $16.98 | $28K |
Holdings After Transaction:
Performance-Based Stock Units — 0 contracts (Direct);
Class A Common Stock — 74,866 shares (Direct)
Footnotes (4)
- F1. Represents deemed disposition of shares of Class A common stock to the Issuer to satisfy tax withholding obligations in connection with the vesting of restricted stock units.
- F2. Each performance-based restricted stock unit ("PSU") represents a contingent right to receive one share of Class A common stock.
- F3. Each performance-based restricted stock unit ("PSU") represents a contingent right to receive one share of Class A common stock. PSUs vest based on the achievement of (i) service-based vesting conditions that are satisfied in five equal installments on the 36, 42, 48, 54 and 60 month anniversaries of the grant date and (ii) performance-based vesting conditions that are satisfied upon the achievement of closing stock price hurdles for 20 out of any 30 consecutive trading days equal to $12, $13.50, $15 and $17, in each case prior to the sixth anniversary of the grant date.
- F4. These PSUs vested on August 31, 2026, upon the achievement of certain service-based and performance-based vesting conditions.
Key Figures
PSUs exercised: 4,000 units
Shares deemed disposed for taxes: 1,626 shares
Tax-withholding share value: $16.98 per share
+3 more
6 metrics
PSUs exercised
4,000 units
Performance-Based Stock Units converted into Class A common stock on August 31, 2026
Shares deemed disposed for taxes
1,626 shares
Class A shares delivered to issuer to satisfy tax withholding obligations on August 31, 2026
Tax-withholding share value
$16.98 per share
Price used for the 1,626 shares deemed disposed to cover tax withholding
Service-based vesting schedule
5 equal installments
At 36, 42, 48, 54 and 60 months after the grant date for the PSUs
Performance stock price hurdles
$12; $13.50; $15; $17
Closing price targets required for PSU performance-based vesting
Trading days condition
20 of 30 trading days
Period over which each stock price hurdle must be met before the sixth anniversary
Key Terms
Performance-Based Stock Units, restricted stock unit, vesting conditions, tax withholding obligations, +1 more
5 terms
Performance-Based Stock Units financial
"Perella Weinberg Partners reported that 4,000 Performance-Based Stock Units (PSUs) were exercised"
Performance-based stock units are company promises to deliver shares or cash to employees or executives only if the business hits specific financial or operational goals over a set period. Like a bonus that only pays out when certain milestones are reached, they link pay to company performance and matter to investors because they can dilute the share count, affect reported earnings when they vest, and signal how management is being incentivized.
restricted stock unit financial
"Represents deemed disposition of shares ... in connection with the vesting of restricted stock units"
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
vesting conditions financial
"These PSUs vested on August 31, 2026, upon the achievement of certain service-based and performance-based vesting conditions"
Vesting conditions are the rules that determine when someone earning company stock or stock options actually gains the right to keep or sell them, typically based on staying with the company for a set time or meeting performance targets. Think of it like keys that unlock gradually — some unlock by calendar date, others only after agreed milestones. Investors care because vesting shapes management incentives, the timing of share sales, and the number of shares that can enter the market, which can affect a company's valuation and ownership mix.
tax withholding obligations financial
"shares of Class A common stock to the Issuer to satisfy tax withholding obligations"
closing stock price hurdles financial
"performance-based vesting conditions that are satisfied upon the achievement of closing stock price hurdles"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did PWP’s CFO and COO report on August 31, 2026?
On August 31, 2026, PWP CFO and COO Alexandra Gottschalk exercised 4,000 Performance-Based Stock Units, receiving 4,000 shares of Class A common stock upon vesting tied to service-based and performance-based conditions.
What are the vesting terms of the performance-based restricted stock units at PWP?
Each PSU represents a right to receive one share of Class A common stock. Service-based vesting occurs in five equal installments on the 36, 42, 48, 54 and 60 month anniversaries of the grant date, subject to performance-based stock price hurdles being met before the sixth anniversary.
What stock price hurdles apply to PWP’s performance-based stock units?
The PSUs vest based on achieving closing stock price hurdles of $12, $13.50, $15 and $17 for 20 out of any 30 consecutive trading days, in each case before the sixth anniversary of the grant date.
Were PWP CFO’s reported transactions made under a Rule 10b5-1 trading plan?
No. The Form 4 indicates the Rule 10b5-1 checkbox is not affirmed, so these transactions are not reported as being made under a Rule 10b5-1 trading plan.
What type of derivative security did the PWP Form 4 involve?
The Form 4 involves Performance-Based Stock Units (PSUs), each representing a contingent right to receive one share of PWP Class A common stock, subject to both service-based and performance-based vesting conditions.
AI-generated analysis. How Rhea-AI works. Not financial advice.
