PJT Partners Inc. Files 8-K Report
Ticker: PJT · Form: 8-K · Filed: Jun 3, 2024 · CIK: 1626115
| Field | Detail |
|---|---|
| Company | Pjt Partners Inc. (PJT) |
| Form Type | 8-K |
| Filed Date | Jun 3, 2024 |
| Risk Level | low |
| Pages | 2 |
| Reading Time | 2 min |
| Key Dollar Amounts | $0.01 |
| Sentiment | neutral |
Sentiment: neutral
Topics: 8-K, regulatory-filing, company-information
TL;DR
PJT Partners filed a routine 8-K on 5/31. No major news.
AI Summary
On May 31, 2024, PJT Partners Inc. filed an 8-K report detailing other events. The company, formerly known as Blackstone Advisory Inc., is incorporated in Delaware and headquartered at 280 Park Avenue, New York, NY. The filing does not disclose specific financial transactions or material events beyond its routine reporting.
Why It Matters
This filing indicates PJT Partners Inc. is fulfilling its regulatory reporting obligations by submitting a Form 8-K, which is standard for public companies to announce material events.
Risk Assessment
Risk Level: low — The filing is a standard 8-K report for 'Other Events' and does not contain information about material changes, acquisitions, or financial distress.
Key Numbers
- 001-36869 — SEC File Number (Identifies the company's filing history with the SEC.)
- 36-4797143 — IRS Employer Identification No. (Company's tax identification number.)
Key Players & Entities
- PJT Partners Inc. (company) — Registrant
- May 31, 2024 (date) — Date of earliest event reported
- Blackstone Advisory Inc. (company) — Former company name
- 280 Park Avenue, New York, New York 10017 (location) — Principal executive offices address
- 212-364-7800 (phone_number) — Registrant's telephone number
FAQ
What is the primary purpose of this 8-K filing for PJT Partners Inc.?
The primary purpose is to report 'Other Events' as of May 31, 2024, fulfilling regulatory requirements for public companies.
When was PJT Partners Inc. formerly known as Blackstone Advisory Inc.?
The company's name change from Blackstone Advisory Inc. occurred on November 20, 2014.
Where are PJT Partners Inc.'s principal executive offices located?
The principal executive offices are located at 280 Park Avenue, 16th Floor, New York, New York 10017.
What is the SEC file number for PJT Partners Inc.?
The SEC file number for PJT Partners Inc. is 001-36869.
Does this filing indicate any specific material event or transaction?
No, the filing is categorized under 'Other Events' and does not specify any particular material event or transaction beyond routine reporting.
Filing Stats: 537 words · 2 min read · ~2 pages · Grade level 10.4 · Accepted 2024-05-31 17:37:42
Key Financial Figures
- $0.01 — tered Class A common stock, par value $0.01 per share PJT New York Stock Exchan
Filing Documents
- pjt-20240531.htm (8-K) — 34KB
- img52737750_0.jpg (GRAPHIC) — 7KB
- 0000950170-24-067469.txt ( ) — 168KB
- pjt-20240531.xsd (EX-101.SCH) — 29KB
- pjt-20240531_htm.xml (XML) — 4KB
01
Item 8.01. Other Events. Pursuant to the terms of the Company's Exchange Agreement, in which holders of Partnership Units are able to present such Units for exchange on a quarterly basis, Chairman & CEO Paul J. Taubman has submitted an Election to Exchange 90,000 Partnership Units. Such exchange will be settled for either cash or Class A Common Stock, as determined by the Company's Board of Directors prior to the Company's second quarter earnings results. If the Board of Directors elects to settle such exchange with cash, the exchange price will be the volume-weighted average price per share of the Class A Common Stock on the second day following the Company's second quarter earnings release. Additionally, Mr. Taubman has informed the Company that he intends to elect to exchange up to 90,000 Partnership Units in each of the subsequent five quarterly exchange windows. Were Mr. Taubman to exchange the full 90,000 Partnership Units in each of the successive five periods, such exchanges in aggregate would represent less than 10% of his total economic ownership in the Company. SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. PJT Partners Inc. By: /s/ David A. Travin Name: David A. Travin Title: General Counsel Date: May 31, 2024