Perella Weinberg Partners

PWP · Finance Services · 86.8M shares · -2%/yr ↓ buyback · EDGAR filings ↗

Net buyback after stock comp: -$162M (gross $22M, SBC $184M)

Reference price $15.76 · est. market cap ~$1.4B — last insider sale, 2026-06-12 (estimated from the dated SEC Form 4 price × shares outstanding — not a live quote)

Grade

B70

Perella Weinberg Partners — advisory boutique with high ROA, soft year.

Strengths

ROA 92nd pct, strong FCF (84th) and cash (76th)
Pure-play advisory talent

Risks

Revenue down 14%; net income down sharply (deal-cycle)
Compensation-cost leverage

Notable findings

Exec changeRecent 8-K item 5.02 8-K ↗
Strong balance sheetStrong balance sheet — $256M cash & investments
Revenue declineRevenue -32.1% YoY
Insider sellingInsider selling — 4 open-market sale(s) by 2 insider(s) (cluster of 2 insiders, ~$4M, last 6mo) Form 4 ↗

Quarterly revenue

2025-06-30 · $155M2025-09-30 · $165M2025-12-31 · $219M2026-03-31 · $149M

Last 4 quarters · from SEC filings.

Key metrics

Operating margin

6.4%

Net margin

4.7%

Return on assets

4.4%

Revenue growth (QoQ)

-32.1%

Free cash flow

$30M

EBITDA

$69M

Cash & investments

$256M

Stock comp / revenue

14.7%

Insider transactions · last 18 months

Date	Insider	Type	Shares	Price
2026-06-12	STEEL ROBERT K	Sell	100K	$15.76
2026-05-27	Dabboussi Houda	Grant	5.4K	—
2026-05-27	FASCITELLI ELIZABETH C	Grant	5.4K	—
2026-05-27	Bennett Roy Edwin	Grant	5.4K	—
2026-05-27	MUGFORD KRISTIN W	Grant	5.4K	—
2026-05-27	OLLILA JORMA J	Tax withheld	1.7K	$18.97
2026-05-20	Gottschalk Alexandra	Sell	14K	$17.46
2026-05-19	Gottschalk Alexandra	Sell	44K	$17.58
2026-05-18	Gottschalk Alexandra	Disposition	1	$18.37
2026-05-18	Gottschalk Alexandra	Option exercise	58	—
2026-05-18	Gottschalk Alexandra	Option exercise	58K	—
2026-05-18	STEEL ROBERT K	Option exercise	198K	—
2026-05-18	STEEL ROBERT K	Option exercise	198	—
2026-05-18	STEEL ROBERT K	Disposition	2	$18.37
2026-05-05	Gottschalk Alexandra	Sell	52K	$19.74
2026-03-05	Gottschalk Alexandra	Tax withheld	1.6K	$18.64
2026-03-05	STEEL ROBERT K	Tax withheld	15K	$18.64
2026-02-28	Gottschalk Alexandra	Option exercise	4.0K	—
2026-02-28	STEEL ROBERT K	Option exercise	30K	—
2026-02-24	Gottschalk Alexandra	Tax withheld	1.6K	$19.35
2026-02-24	Bednar Andrew	Option exercise	475K	—
2026-02-24	Bednar Andrew	Tax withheld	16K	$19.35
2026-02-24	Becker Dietrich	Tax withheld	16K	$19.35
2026-02-24	Weinberg Peter A	Tax withheld	12K	$19.35
2026-02-24	STEEL ROBERT K	Tax withheld	3.1K	$19.35
2026-02-18	Bednar Andrew	Tax withheld	63K	$20.79
2026-02-18	Gottschalk Alexandra	Tax withheld	4.0K	$20.79
2026-02-18	Becker Dietrich	Tax withheld	49K	$20.79
2026-02-18	STEEL ROBERT K	Tax withheld	17K	$20.79
2026-02-13	Gottschalk Alexandra	Grant	32K	—
2026-02-13	Becker Dietrich	Grant	107K	—
2026-02-13	Bednar Andrew	Grant	224K	—
2026-02-13	STEEL ROBERT K	Grant	96K	—
2025-09-11	STEEL ROBERT K	Sell	70K	$22.42
2025-09-10	STEEL ROBERT K	Sell	52K	$21.85
2025-09-09	STEEL ROBERT K	Sell	91K	$21.76
2025-09-02	STEEL ROBERT K	Option exercise	197	—
2025-09-02	Perella Weinberg Partners	Tax withheld	1.6K	$22.13
2025-09-02	STEEL ROBERT K	Option exercise	197K	—
2025-09-02	STEEL ROBERT K	Tax withheld	15K	$22.13
2025-08-31	STEEL ROBERT K	Option exercise	30K	—
2025-08-31	Perella Weinberg Partners	Option exercise	4.0K	—
2025-08-08	Becker Dietrich	Sell	178K	$22.20
2025-08-08	Dabboussi Houda	Grant	2.3K	—
2025-08-08	Bennett Roy Edwin	Grant	2.3K	—
2025-06-11	STEEL ROBERT K	Sell	28K	$18.75
2025-06-02	STEEL ROBERT K	Sell	60K	$17.30
2025-05-30	STEEL ROBERT K	Sell	63K	$17.45
2025-05-29	STEEL ROBERT K	Sell	73K	$17.73
2025-05-28	OLLILA JORMA J	Tax withheld	1.9K	$18.02
2025-05-28	Sherburne Jane Cecile	Grant	5.7K	—
2025-05-28	OLLILA JORMA J	Grant	5.7K	—
2025-05-28	FASCITELLI ELIZABETH C	Grant	5.7K	—
2025-05-28	MUGFORD KRISTIN W	Grant	5.7K	—
2025-05-16	STEEL ROBERT K	Option exercise	196K	—
2025-05-16	STEEL ROBERT K	Option exercise	196	—
2025-05-01	Weinberg Peter A	Sell	138K	$17.20
2025-04-02	Weinberg Peter A	Sell	40K	$19.16
2025-04-01	Weinberg Peter A	Sell	101K	$18.45
2025-03-04	STEEL ROBERT K	Tax withheld	21K	$22.24
2025-03-04	Becker Dietrich	Tax withheld	44K	$22.24
2025-03-04	Weinberg Peter A	Tax withheld	61K	$22.24
2025-03-04	Weinberg Peter A	Sell	59K	$21.03
2025-03-04	Gottschalk Alexandra	Tax withheld	5.2K	$22.24
2025-03-04	Bednar Andrew	Tax withheld	48K	$22.24
2025-03-03	Weinberg Peter A	Sell	82K	$22.57
2025-02-28	STEEL ROBERT K	Option exercise	30K	—
2025-02-28	Gottschalk Alexandra	Option exercise	4.0K	—
2025-02-24	Bednar Andrew	Tax withheld	54K	$23.49
2025-02-24	Becker Dietrich	Tax withheld	38K	$23.49
2025-02-24	Gottschalk Alexandra	Tax withheld	3.5K	$23.49
2025-02-24	STEEL ROBERT K	Tax withheld	7.0K	$23.49
2025-02-24	Weinberg Peter A	Tax withheld	17K	$23.49
2025-02-14	Becker Dietrich	Grant	148K	—
2025-02-14	Gottschalk Alexandra	Grant	16K	—
2025-02-14	Gottschalk Alexandra	Grant	25K	—
2025-02-14	STEEL ROBERT K	Grant	76K	—
2025-02-14	Bednar Andrew	Grant	153K	—
2025-02-04	Weinberg Peter A	Sell	46K	$25.85
2025-02-03	Weinberg Peter A	Sell	95K	$24.95
2025-01-21	Becker Dietrich	Tax withheld	110K	$25.76
2025-01-21	Bednar Andrew	Tax withheld	102K	$25.76
2025-01-21	Weinberg Peter A	Tax withheld	70K	$25.76
2025-01-03	Weinberg Peter A	Sell	68K	$23.12
2025-01-02	Weinberg Peter A	Sell	73K	$23.60
2024-12-31	Weinberg Peter A	Option exercise	96K	—
2024-12-31	Becker Dietrich	Option exercise	137K	—
2024-12-31	Bednar Andrew	Option exercise	137K	—
2024-12-31	STEEL ROBERT K	Tax withheld	1.7K	$23.66
2024-12-31	Bednar Andrew	Tax withheld	3.1K	$23.66

All non-derivative Form 4 activity (SEC), newest first.

Notable events (8-K)

Date	Items
2026-05-29	Shareholder vote	filing ↗
2026-05-21	3.02	filing ↗
2026-05-01	ResultsExec/director change	filing ↗
2026-04-13	3.02	filing ↗
2026-02-06	Results	filing ↗
2026-01-13	Exec/director change	filing ↗
2025-11-18	3.02	filing ↗
2025-11-07	Results	filing ↗

Recent filings

Form	Filed	Period	Accession
8-K	2026-05-29	2026-05-27	0001777835-26-000051 ↗
8-K	2026-05-21	2026-05-18	0001777835-26-000047 ↗
10-Q	2026-05-01	2026-03-31	0001777835-26-000042 ↗
8-K	2026-05-01	2026-05-01	0001777835-26-000040 ↗
8-K	2026-04-13	2026-04-13	0001777835-26-000034 ↗
10-K	2026-02-27	2025-12-31	0001777835-26-000022 ↗
8-K	2026-02-06	2026-02-06	0001777835-26-000005 ↗
8-K	2026-01-13	2026-01-13	0001628280-26-001990 ↗
8-K	2025-11-18	2025-11-17	0001777835-25-000195 ↗
10-Q	2025-11-07	2025-09-30	0001777835-25-000185 ↗
8-K	2025-11-07	2025-11-07	0001777835-25-000183 ↗
8-K	2025-09-04	2025-09-02	0001777835-25-000171 ↗