Paul Taubman reports an option exercise at PJT Partners
By AlphaYouPublished Form 4
Taubman Paul J
Reporting filer
Paul Taubman reports an option exercise, not an open-market purchase or sale, in PJT Partners Inc.. Form 4 filed Nov 7, 2026 lists 1 entry.
- Disclosed
- Nov 7, 2026
Reported details
1 entry| Security | Owner | Date | Code | Action | Quantity | Price | Following holdings | Reporting delay | Filed terms and references |
|---|---|---|---|---|---|---|---|---|---|
| Partnership Units of PJT Partners Holdings LP (derivative) | Taubman Paul J | 2026-11-05 | M | Exercise or conversion | 36000 | 153.7236 | 5,316,000 | 2 days | Filed terms
|
Partnership Units of PJT Partners Holdings LP (derivative)
- Owner
- Taubman Paul J
- Date
- 2026-11-05
- Code
- M
- Action
- Exercise or conversion
- Quantity
- 36000
- Price
- 153.7236
- Following holdings
- 5,316,000
- Reporting delay
- 2 days
- Filed terms and references
Filed terms
- security Title: Partnership Units of PJT Partners Holdings LP
- id: F1
- id: F2
- transaction Date: 2026-11-05
- transaction Form Type: 4
- transaction Code: M
- equity Swap Involved: false
- transaction Shares: 36000
- id: F3
- transaction Price Per Share: 153.7236
- transaction Acquired Disposed Code: D
- id: F2
- id: F2
- underlying Security Title: Class A Common Stock
- underlying Security Shares: 36000
- shares Owned Following Transaction: 5316000
- id: F4
- direct Or Indirect Ownership: D
Purchases, sales, grants and option exercises are different transactions. The reported code identifies the action; it does not establish a motive.
Filing context
- Quantities and prices are shown in the units filed. No trade value is inferred from their product.
- Taubman Paul J: Chairman and CEO, Director.
- F1: In 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 August 20, 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.
- 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 5, 2026, 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 5,316,000 Partnership Units reported, 200,000 remain subject to previously disclosed time-based vesting conditions through March 1, 2027.
Original sources
Prepared automatically from public filing data. Report a correction.