Costos James 4
4 · PJT Partners Inc. · Filed Mar 20, 2026
Research Summary
AI-generated summary of this filing
PJT Partners Director James Costos Receives RSU Award
What Happened
- James Costos, a director of PJT Partners Inc. (PJT), received an award of 19 restricted stock units (RSUs) on March 18, 2026. The grant is reported as a derivative award (transaction code A) with an acquisition price of $0.00 — i.e., no cash purchase. RSUs represent a contingent right to receive shares when they vest.
Key Details
- Transaction date: 2026-03-18; Form 4 filed: 2026-03-20 (timely filing).
- Award: 19 RSUs @ $0.00 (derivative grant, code A).
- Shares owned after transaction: Not specified in the provided filing.
- Footnotes:
- F1: Each RSU converts to one share of Class A common stock upon vesting.
- F2: The award includes dividend equivalent rights that accrue as additional RSUs and vest with the underlying units.
- Filing timeliness: Filed promptly (no late-filing indication).
Context
- These RSUs are a form of equity compensation that convert to common shares only if and when they vest; they are not an open-market purchase or sale. Grants to directors are commonly part of routine board compensation and do not, by themselves, indicate a buy or sell market signal.
Insider Transaction Report
Form 4
Costos James
Director
Transactions
- Award
Restricted Stock Units
[F1][F2]2026-03-18+19→ 10,420 total→ Class A Common Stock (19 underlying)
Footnotes (2)
- [F1]Each restricted stock unit represents a contingent right to receive one share of Issuer Class A common stock.
- [F2]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.
Signature
/s/ David K.F. Gillis, Attorney-in-Fact|2026-03-20