Perella Weinberg issues 1.9M Class A shares in partnership unit exchange

Filed May 21, 2026 · Period ending May 18, 2026 · ~1 min read

Key Changes

• medium

  PWP issued 1.9 million Class A common shares to limited partners who exchanged partnership units and Class B shares, increasing the public float of tradable shares while reducing internal partnership holdings.

  Item 5.03 view on EDGAR →
• low

  The exchange was conducted under existing partnership agreement provisions that allow unitholders to convert holdings into publicly tradable Class A shares on a one-for-one basis.

  8-K: Exchange mechanics verify on EDGAR →
• low

  Class B shares converted at a 1:1000 ratio (0.001), reflecting their role as voting placeholders with minimal economic value tied to partnership units.

  8-K: Class B conversion verify on EDGAR →