This is a routine Form 144 following equity compensation vesting — not a discretionary insider sale. The dollar amount is modest relative to market cap. Monitor for the actual sale on Form 4, but no immediate trading signal.
Price Chart
Executive Summary
Robert Steel, a director and officer of Perella Weinberg Partners, filed a Form 144 notice of intent to sell up to 100,000 shares of common stock, with an estimated aggregate market value of approximately $1.58 million based on a $15.76 per share price. The shares were acquired through restricted stock vesting, performance stock units, and an exchange of private units between February and May 2026. This represents about 0.7% of the company's $1.4B market cap and is a routine insider sale following equity compensation vesting, not a discretionary open-market sale.
Key Facts
- Robert Steel (Director & Officer) filed Form 144 to sell up to 100,000 shares of PWP common stock.
- Estimated aggregate market value of the proposed sale is approximately $1,576,220 (based on ~$15.76/share).
- Shares were acquired via restricted stock vesting (Feb 2026), performance stock units (Mar 2026), and exchange of private units (May 2026) — all for services rendered.
- The sale represents roughly 0.7% of PWP's $1.4B market cap.
- The filing is an advance notice of intent to sell; the actual sale may or may not occur.
Financial Impact
Proposed sale of 100,000 shares valued at ~$1.58M, or ~0.7% of market cap.
Risk Factors
- If the sale is executed, it adds modest supply of ~100K shares to the market.
- Insider selling ahead of earnings or other catalysts could be a concern, but no such timing is evident here.
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 3 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 144 Filing (Primary) | 0001950047-26-005994 |
| Document: 0001950047-26-005994-index.html | 0001950047-26-005994 |
| Document: 0001950047-26-005994.txt | 0001950047-26-005994 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Jul 31, 2026 12w ago | 8-K | $17.65 $17.50 | ▼ −0.85% | ▼ −4.36% | $12.77 (−27.65%) |
Jul 21, 2026 14w ago | Press Release | $15.67 | awaiting T+5 | — | $12.77 (−18.48%) |
Jun 12, 2026 19w ago | 144 | $16.01 $16.02 | ▲ +0.03% | ▲ +1.41% | $12.77 (−20.24%) |
May 1, 2026 25w ago | Press Release | $20.61 $18.38 | ▲ +10.82% | ▲ +13.17% | $12.77 (+38.04%) |
Apr 20, 2026 27w ago | Press Release | $21.31 $22.06 | ▲ +3.52% | ▲ +2.44% | $12.77 (−40.08%) |
Apr 13, 2026 28w ago | 8-K | $21.50 $21.31 | ▲ +0.88% | ▲ +2.28% | $12.77 (+40.60%) |
Apr 13, 2026 28w ago | Press Release | $20.96 $21.50 | ▲ +2.58% | ▼ −0.72% | $12.77 (−39.07%) |
US Market Status
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