Paul J. Taubman - Nov 6, 2025 Form 4 Insider Report for PJT Partners Inc. (PJT)

Role
Chairman and CEO, Director
Signature
/s/ David K.F. Gillis, as Attorney-in-Fact
Stock symbol
PJT
Transactions as of
Nov 6, 2025
Transactions value $
-$15,100,002
Form type
4
Date filed
11/7/2025, 05:00 PM
Previous filing
Aug 1, 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Taubman Paul J Chairman and CEO, Director 280 PARK AVENUE, NEW YORK /s/ David K.F. Gillis, as Attorney-in-Fact 2025-11-07 0001479665

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction PJT Partnership Units of PJT Partners Holdings LP Options Exercise -$15.1M -90K -1.62% $167.78 5.46M Nov 6, 2025 Class A Common Stock 90K Direct F1, F2, F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 In an SEC Form 8-K filed by the Issuer on June 3, 2024, the Issuer previously disclosed that the Reporting Person intended to elect to exchange up to 90,000 Partnership Units of PJT Partners Holdings LP ("Partnership Units") in future quarterly exchange windows, including the Issuer's current quarterly exchange window. On August 20, 2025, the Reporting Person submitted an Election to Exchange 90,000 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.
F2 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.
F3 Effective November 6, 2025, the Reporting Person's Partnership Units were exchanged for cash.
F4 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 5,460,000 Partnership Units reported, 400,000 remain subject to previously disclosed time-based vesting conditions through March 1, 2027.