Form 4: Piper Sandler CEO Chad Abraham Reports Gift of Common Stock
SEC Form 4 Filing
Chad Abraham, CEO and Chairman of Piper Sandler Companies, reported a gift of 1,000 shares of common stock to a non-profit organization on March 1, 2024.
Summary
- On March 1, 2024, Chad R. Abraham, CEO and Chairman of Piper Sandler Companies, reported a transaction involving the company's common stock.
- Abraham gifted 1,000 shares of common stock to a non-profit organization.
- The transaction resulted in Abraham directly owning 38,514 shares of common stock following the reported transaction.
- Abraham also indirectly owns 36,000 shares through a living trust.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing regarding a gift of shares. It doesn't inherently indicate positive or negative sentiment about the company's performance.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders.
Stakeholder Impact
- The gift of shares has a negligible impact on shareholders.
Key Dates
| Date | Description |
|---|---|
| 03/01/2024 | Date of gift transaction of common stock. |
| 03/04/2024 | Date of signature on the Form 4 filing. |
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