Perella Weinberg (PWP) president gets 106K RSUs, 48K shares used for tax
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Perella Weinberg Partners president Dietrich Becker reported two equity-related transactions involving Class A common stock. On February 13, he acquired 106,617 shares at $0.00 per share as a grant of restricted stock units that vest in three equal annual installments, subject to continued service.
On February 18, he reported a tax-withholding disposition of 48,546 shares at $20.79 per share, representing shares deemed delivered back to the issuer to cover tax obligations from RSU vesting. After the February 18 transaction, he directly owned 426,540 shares of Class A common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Becker Dietrich
Role
President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Class A Common Stock | 48,546 | $20.79 | $1.01M |
| Grant/Award | Class A Common Stock | 106,617 | $0.00 | -- |
Holdings After Transaction:
Class A Common Stock — 426,540 shares (Direct)
Footnotes (1)
- Represents a grant of restricted stock units, which will vest based on the achievement of service-based vesting conditions that are satisfied in three equal installments on the first, second and third anniversaries of the grant date. 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.
FAQ
What insider transactions did PWP president Dietrich Becker report?
Dietrich Becker reported one equity grant and one tax-withholding disposition. He received 106,617 restricted stock units, then had 48,546 shares deemed disposed back to Perella Weinberg Partners to cover tax withholding tied to vesting of those units.
How do the restricted stock units granted to PWP’s president vest?
The 106,617 restricted stock units vest based on service conditions. Vesting occurs in three equal installments on the first, second, and third anniversaries of the grant date, so long as the underlying service-based vesting requirements continue to be satisfied by Dietrich Becker.
Were the PWP insider transactions open-market buys or sells?
Neither transaction was an open-market trade. One was a grant of restricted stock units at no cost, while the other was a deemed disposition of 48,546 shares back to Perella Weinberg Partners solely to cover tax withholding tied to RSU vesting.