Form 4: Piper Sandler Director Brian R. Sterling Reports Changes in Beneficial Ownership

Director Brian R. Sterling reports a transaction involving Piper Sandler Companies common stock, indicating changes in beneficial ownership.

Summary

• On September 13, 2024, Brian R. Sterling, a director of Piper Sandler Companies, reported a transaction involving the company's common stock.
• The transaction involved the acquisition of 6 shares at $0, and the disposition of 24,354 shares.
• Following the reported transaction, Sterling beneficially owns 24,354 shares of common stock.
• Dividend equivalents paid on phantom stock are reinvested in additional phantom shares, payable in common stock upon termination of service as a director.

Sentiment

Score: 5

Explanation: This is a routine regulatory filing, so the sentiment is neutral. It simply reports a transaction.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates changes in the director's holdings of Piper Sandler stock.

Stakeholder Impact

• The transaction may be of interest to shareholders as it provides insight into the actions of a company director.

Key Dates