Form 4 • Statement of Changes in Beneficial Ownership
Type
Neutral
Net shares
0
% of shares
0.00%
Amount (USD)
$0
Insider confidence score
52.5 out of 100
Positive
Security
Class B-1 Common Stock
Action
Sell
Date
2026-03-03
Code
J
Net shares
-215,000.0
Price per Share
$0.02
Amount (USD)
$4,300.00
Acquired/Disposed
Disposed
Shares Owned Before
22,139,506.0
Shares Owned After
21,924,506.0
1. PWP Holdings LP ("PWP OpCo") Common Units (which represent Class A partnership units of PWP OpCo) ("PWP OpCo Units") held by partners other than the Issuer can be exchanged for Issuer stock or cash on certain dates. Concurrently with an exchange of PWP OpCo Units for shares of Issuer Class A common stock ("Class A Shares") or cash by an exchanging PWP OpCo unitholder ("Unitholder"), such Unitholder will be required to surrender to the Issuer a number of Issuer Class B-1 common stock ("Class B-1 Shares") equal to the number of PWP OpCo Units exchanged, and such Class B-1 Shares will be converted into Class A Shares or, at the option of the Issuer, an equivalent amount of cash, which will be delivered to such Unitholder at a conversion rate of 0.001 Class A Share for one Class B-1 Share. The Reporting Person will distribute such Class B-1 Shares to the applicable Unitholder immediately prior to any such exchange.
2. Reflects a distribution of Class B-1 Shares by the Reporting Person to one or more of its limited partners.
This page is for informational purposes only. While we strive for accuracy, the summary may contain inaccuracies or omissions. Please refer to the official SEC filing for authoritative information. Open the SEC filing.