[Form 4] Perella Weinberg Partners Insider Trading Activity
Robert K. Steel, a director of Perella Weinberg Partners (PWP), reported three separate open-market sales of Class A common stock on September 9-11, 2025. He sold 90,532 shares on 09/09/2025 at a weighted-average price of $21.76 (trades ranged $21.57–$21.96), 51,505 shares on 09/10/2025 at $21.85 (range $21.74–$22.03) and 69,845 shares on 09/11/2025 at $22.42 (range $21.77–$22.61). Following those transactions his beneficial ownership of Class A common stock decreased sequentially to 220,122, then 168,617, and then 98,772 shares. No derivative transactions were reported on this Form 4. The filing was made by one reporting person and signed by an attorney-in-fact, Mark Polemeni, on 09/11/2025.
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Insights
TL;DR: Director Robert K. Steel sold a combined 211,882 Class A shares over three days; filing discloses weighted-average prices and ranges.
The Form 4 shows concentrated open-market disposals totaling 211,882 Class A shares executed across 09/09–09/11/2025. The report provides weighted-average prices and explicit price ranges for each day, which aids transparency. There are no derivative positions reported, so the change reflects outright share sales rather than option exercises or conversions. For investors, the filing documents insider liquidity but does not include any transaction purpose or plan language on its face.
TL;DR: Routine insider sales by a director reported with full price-range disclosures; filing appears procedurally complete.
The filing identifies the reporting person as a director and confirms the Form 4 was filed by a single reporting person and signed by an attorney-in-fact. Detailed price ranges are provided for each day, and no amendments or derivative transactions are indicated. The Form 4 meets standard disclosure elements required under Section 16(a), but it does not state whether sales were pursuant to a Rule 10b5-1 plan.