SEC Form 4 · accession 0001193125-26-330886
PJT Partners Inc. · PJT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Paul J Taubman
Officer — Chairman and CEO · Director
Period of report
Jul 30, 2026
Accepted (ET)
Aug 3, 2026 · 5:30 pm EDT
Rule 10b5-1 plan
box not checked
Issuer CIK
0001626115
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Partnership Units of PJT Partners Holdings LPF1,F3,F4,F2 | — | Jul 30, 2026 | M | 36,000 | D | — | — | Class A Common Stock | 36,000 | 5,352,000 | D |
Explanation of responses
- F1In an SEC Form 8-K filed by the Issuer on November 26, 2025, the Issuer previously disclosed that the Reporting Person intended to elect to exchange up to 36,000 Partnership Units of PJT Partners Holdings LP ("Partnership Units") in future quarterly exchange windows, including the Issuer's current quarterly exchange window. On May 25, 2026, the Reporting Person submitted an Election to Exchange 36,000 Partnership Units, with such exchange to be settled for either cash or Class A Common Stock, as determined by the Issuer's Board of Directors.
- F2Subject 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.
- F3Effective July 30, 2026, the Reporting Person's Partnership Units were exchanged for cash.
- F4Includes 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 5,352,000 Partnership Units reported, 200,000 remain subject to previously disclosed time-based vesting conditions through March 1, 2027.