PJT Partners (NYSE: PJT) director granted RSUs, now holds 6,437 units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Whitney Kenneth C reported acquisition or exercise transactions in this Form 4 filing.
PJT Partners Inc. director Kenneth C. Whitney received a grant of 12 restricted stock units on March 18, 2026. Each unit represents a contingent right to receive one share of Class A common stock. Following this award, Whitney directly holds 6,437 restricted stock units, including units accrued as dividend equivalent rights that vest on the same schedule as the underlying awards.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Whitney Kenneth C
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 12 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 6,437 shares (Direct)
Footnotes (1)
- Each restricted stock unit represents a contingent right to receive one share of Issuer Class A common stock. Represents dividend equivalent rights in connection with the Issuer's dividend that accrue to the reporting person in restricted stock units that vest at the same time(s) as the underlying restricted stock units.
FAQ
What insider transaction did PJT (PJT) report for Kenneth C. Whitney?
PJT reported that director Kenneth C. Whitney received 12 restricted stock units on March 18, 2026. These units are part of his equity-based compensation and increase his direct restricted stock unit holdings to 6,437, all linked to PJT Class A common stock.
What do the restricted stock units granted to PJT director Kenneth C. Whitney represent?
Each restricted stock unit granted to Kenneth C. Whitney represents a contingent right to receive one share of PJT Class A common stock. The units typically vest over time, and the shares are delivered only when vesting conditions are satisfied under the company’s equity plan.
How many restricted stock units does Kenneth C. Whitney hold after this PJT Form 4 transaction?
After the March 18, 2026 grant of 12 restricted stock units, Kenneth C. Whitney directly holds 6,437 restricted stock units. This total includes units received as dividend equivalent rights that accumulate and vest on the same schedule as the underlying restricted stock awards.
What are dividend equivalent rights mentioned in PJT director Whitney’s Form 4 footnotes?
Dividend equivalent rights provide additional restricted stock units based on dividends paid on PJT’s shares. For Kenneth C. Whitney, these rights accrue as restricted stock units and vest at the same times as the underlying restricted stock units to which they relate, enhancing his equity-based compensation.