STOCK TITAN

Perella Weinberg Partners (PWP) director sells 100,000 Class A shares

Filing Impact
(High)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

Perella Weinberg Partners director Robert K. Steel sold 100,000 shares of Class A Common Stock in an open-market transaction at a weighted average price of $15.76 per share. After this sale, he directly holds 287,922 shares of the company’s Class A Common Stock.

Positive

  • None.

Negative

  • None.
Insider STEEL ROBERT K
Role null
Sold 100,000 shs ($1.58M)
Type Security Shares Price Value
Sale Class A Common Stock 100,000 $15.76 $1.58M
Holdings After Transaction: Class A Common Stock — 287,922 shares (Direct, null)
Footnotes (1)
  1. [object Object]
Shares sold 100,000 shares Class A Common Stock sold in open-market transaction
Weighted average sale price $15.76 per share Average price for 100,000 shares sold
Post-transaction holdings 287,922 shares Class A Common Stock held directly after sale
Sale price range $15.57–$15.98 per share Range of prices for multiple trade executions
Class A Common Stock financial
"security_title: "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.
open-market sale financial
"transaction_action: "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
weighted average price financial
"The price reported in Column 4 is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
Form 4 regulatory
"INSIDER FILING DATA (Form 4)"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
STEEL ROBERT K

(Last)(First)(Middle)
767 FIFTH AVENUE

(Street)
NEW YORK NEW YORK 10153

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Perella Weinberg Partners [ PWP ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/12/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Class A Common Stock06/12/2026S100,000D$15.76(1)287,922D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging between $15.57-$15.98, inclusive. The reporting person hereby undertakes to provide upon request, to the SEC staff, the Issuer or a security holder of the Issuer, full information regarding the number of shares and prices at which the transaction was effected.
Remarks:
/s/ Justin Kamen, as Attorney-in-Fact06/16/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did PWP director Robert K. Steel report?

Director Robert K. Steel reported selling 100,000 shares of Perella Weinberg Partners Class A Common Stock. The sale was an open-market transaction at a weighted average price of $15.76 per share, according to the disclosed Form 4 data.

At what price did Robert K. Steel sell PWP Class A Common Stock?

Robert K. Steel sold PWP Class A Common Stock at a weighted average price of $15.76 per share. The shares were sold in multiple trades at prices ranging between $15.57 and $15.98, as described in the transaction footnote.

How many Perella Weinberg Partners shares does Robert K. Steel hold after the sale?

After the reported sale, Robert K. Steel directly holds 287,922 shares of Perella Weinberg Partners Class A Common Stock. This figure reflects his direct ownership immediately following the 100,000-share open-market sale disclosed in the Form 4 filing.

Was the PWP insider sale by Robert K. Steel an open-market transaction?

Yes, the transaction is classified as an open-market sale of Perella Weinberg Partners Class A Common Stock. The filing describes the transaction code as a sale and labels the action as an open-market sale or private transaction at specified market prices.

What trading price range is disclosed for Robert K. Steel’s PWP share sale?

The filing states that Robert K. Steel’s PWP shares were sold in multiple transactions at prices ranging between $15.57 and $15.98 per share. The reported $15.76 figure is a weighted average of these individual trade prices across the 100,000 shares sold.