---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-24-067469"
form_type: "8-K"
ticker: "PJT"
cik: "0001626115"
company_name: "PJT Partners Inc."
filed_at: "2024-06-03T23:59:59+00:00"
generated_at: "2026-06-01T06:49:43.241413+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.45
calibrated_materiality_score: 0.45
confidence: "high"
source: SEC EDGAR
---

# CEO Paul Taubman to exchange up to 90K partnership units per quarter for five quarters

## Summary
- Chairman & CEO Paul Taubman submitted election to exchange 90,000 Partnership Units for cash or Class A common stock.
- If settled in cash, exchange price equals VWAP on second day after Q2 earnings release.
- Taubman intends to elect exchange of up to 90,000 units in each of the next five quarterly windows.
- Aggregate exchanges over five periods would represent less than 10% of Taubman's total economic ownership.
- Exchange settled at Board's discretion prior to Q2 earnings; no immediate dilution impact specified.

## SEC filing metadata
- accession: 0000950170-24-067469
- form_type: 8-K
- ticker: PJT
- cik: 0001626115
- company_name: PJT Partners Inc.
- filed_at: 2024-06-03T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.45
- calibrated_materiality_score: 0.45
- confidence: high
- sec_items: 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1626115/000095017024067469/0000950170-24-067469-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1626115/000095017024067469/pjt-20240531.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-24-067469
- JSON: https://secwatch.observer/filing/0000950170-24-067469.json
- Plain text: https://secwatch.observer/filing/0000950170-24-067469.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.