Skaugen Grace Reksten 4
4 · PJT Partners Inc. · Filed Mar 20, 2026
Research Summary
AI-generated summary of this filing
PJT Director Skaugen Receives 12 RSUs
What Happened Skaugen Grace Reksten, a director of PJT Partners Inc. (PJT), was granted 12 restricted stock units (RSUs) on 2026-03-18. The Form 4 reports the acquisition as an award (code A) at $0.00 per unit — these are derivative awards (no cash purchase). Footnotes indicate each RSU is a contingent right to one share and includes dividend equivalent rights that accrue as RSUs.
Key Details
- Transaction date: 2026-03-18; Form 4 filed 2026-03-20 (within the typical two-business-day filing window).
- Grant: 12 RSUs (derivative award) @ $0.00 per unit.
- Shares owned after transaction: not specified in the filing.
- Footnotes: F1 — each RSU converts to one share upon vesting; F2 — dividend equivalents accrue as RSUs and vest with the underlying units.
- Transaction type: Award/Grant (not a market purchase or sale).
Context RSU grants are a form of compensation and represent a contingent right to future shares upon vesting; they do not indicate an immediate cash outlay or stock sale. This is a small, routine board/compensation award and should be viewed as administrative rather than a direct signal of insider buying or selling.
Insider Transaction Report
- Award
Restricted Stock Units
[F1][F2]2026-03-18+12→ 6,430 total→ Class A Common Stock (12 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.