The sale cuts the general counsel’s direct stake by 59.38% but reflects limited remaining shares rather than strategic intent.
PJT Partners General Counsel David Travin sold 3,000 shares of Common Stock on May 6, 2026, at a weighted average price of $152.43. The transaction, disclosed in an SEC Form 4 filing, reduced his direct holdings by 59.38% to 2,052 shares.
Travin’s direct holdings have declined from 18,881 shares since February 2024, limiting the size of recent sales. The transaction involved only direct Common Stock, with no derivative or indirect participation reported.
PJT Partners, which provides strategic advisory and capital markets services, operates on an advisory-driven revenue model. The company’s performance metrics use Jun 1, 2026, as the reference date.