Form 4: Piper Sandler CEO Chad Abraham Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Chad Abraham, CEO and Chairman of Piper Sandler Companies, reports transactions involving common stock, resulting in adjustments to his direct and indirect holdings.
Summary
- Chad Abraham, CEO and Chairman of Piper Sandler Companies, filed a Form 4 detailing changes in his beneficial ownership of the company's common stock.
- On February 15, 2025, Mr. Abraham acquired 4,022 shares of common stock.
- On February 16, 2025, he disposed of 2,036, 1,080 and 689 shares of common stock.
- Following these transactions, Mr. Abraham directly owns 38,731 shares of common stock.
- He also indirectly owns 36,000 shares through a living trust.
Sentiment
Score: 5
Explanation: This is a routine filing of stock transactions by an insider, neither particularly positive nor negative.
Industry Context
Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.
Stakeholder Impact
- The transactions may have a minor impact on shareholder sentiment, but are unlikely to significantly alter the company's fundamentals.
Key Dates
| Date | Description |
|---|---|
| 02/15/2025 | Acquisition of 4,022 shares of common stock |
| 02/16/2025 | Disposal of 2,036, 1,080 and 689 shares of common stock |
| 02/19/2025 | Date of signature for the Form 4 filing |
Keywords
beneficial ownership, Form 4, Piper Sandler, Chad Abraham, common stock, transactions, CEO, director
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