Form 4: Stifel Financial Corp: Co-President Victor Nesi Reports Changes in Beneficial Ownership

Victor Nesi, Co-President of Stifel Financial Corp, reports changes in beneficial ownership of common stock and phantom stock units.

Summary

• Victor Nesi, Co-President of Stifel Financial Corp, filed a Form 4 with the SEC on March 10, 2025, reporting changes in beneficial ownership.
• The earliest transaction date reported is March 6, 2025.
• Nesi directly owns 184,360 shares of Stifel Financial Corp common stock.
• He indirectly owns 22,574 shares through a trust, 31,000 shares through a family trust, and 44,232 shares through children's trusts.
• Nesi also acquired 15,747 phantom stock units on March 6, 2025, at a price of $98.43 per unit.
• These units vest in 20% increments over a five-year period and have no expiration date.
• Following the reported transactions, Nesi beneficially owns 82,251 derivative securities.

Sentiment

Score: 5

Explanation: This is a routine regulatory filing, so the sentiment is neutral.

Industry Context

Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company insiders.

Stakeholder Impact

• Shareholders may be interested in the trading activity of company insiders.

Key Dates