Taubman Paul J sold PJT
February 5, 2026 · Form 4 insider transaction
Taubman Paul J sold 36,000 shares of PJT Partners Inc. at $159.92 per share, a transaction worth $5.76M. The trade was recorded as option exercise and disclosed on an SEC Form 4, filed 1 day after the transaction.
Footnotes
In an SEC Form 8-K filed by the Issuer on November 26, 2025, the Issuer previously disclosed that the Reporting Person had submitted an Election to Exchange these 36,000 Partnership Units of PJT Partners Holdings LP ("Partnership Units") and that such exchange would be settled for either cash or Class A Common Stock, as determined by the Issuer's Board of Directors.; Subject to the terms of the Issuer's Exchange Agreement, on a quarterly basis, Partnership Units may be exchanged for cash or, at the election of the Issuer, shares of Class A Common Stock of the Issuer on a one-for-one basis.; Effective February 5, 2026, the Reporting Person's Partnership Units were exchanged for cash.; Includes Partnership Units that were acquired upon the occurrence of specified vesting events or grants and previously reported as Performance LTIP Units of PJT Partners Holdings LP. Of the 5,424,000 Partnership Units reported, 400,000 remain subject to previously disclosed time-based vesting conditions through March 1, 2027.