CEO Paul J. Taubman exchanges $5.46M in partnership units for cash
PJT sits 21% above its 52-week low of $127.73.
Summary
PJT Partners' Chairman and CEO, Paul J. Taubman, exchanged 36,000 partnership units for $5.46 million in cash, following a previously disclosed intention.
Key Events · Ownership and Investor Activity · PJT
-
CEO Cashes Out Partnership Units
Chairman and CEO Paul J. Taubman exchanged 36,000 partnership units for $5,461,650 in cash.
-
Follows Prior Disclosure
This transaction executes a previously disclosed intention from a November 2025 8-K and an election made in February 2026.
-
Adds to Executive Selling Trend
This disposition contributes to a broader pattern of executive cash-outs, including the $73.7 million reported in a recent DEF 14A filing.
Analysis · PJT · Finance
This Form 4 reports the execution of a previously announced plan by Chairman and CEO Paul J. Taubman to exchange partnership units for cash. While the intention was disclosed in a November 2025 8-K, the actual cash settlement of $5.46 million on April 30, 2026, represents a significant disposition by a key insider. This transaction adds to the recent trend of executive cash-outs, as highlighted by the April 29 DEF 14A filing which noted top executives collectively cashed out $73.7 million. Investors should note the continued insider selling activity despite the company's strong Q1 results and expanded share repurchase program.
How filings like this one have moved
In the 30 days to Oct 5, 2026, 29.2% of the 1496 measured filings Wiseek scored 7 moved their stock by 5% or more by the next session's close. The median move was -0.63%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, PJT was trading at $154.84 on NYSE in the Finance sector, with a market capitalization of approximately $3.7B. The 52-week trading range was $127.73 to $195.62. This filing was assessed with negative market sentiment and an importance score of 7 out of 10.