Form 4: Stifel Financial Corp: Co-President Victor Nesi Reports Stock Transactions

Victor Nesi, Co-President of Stifel Financial Corp, reports acquisition and disposal of common stock and phantom stock units on March 1, 2024.

Summary

• On March 1, 2024, Victor Nesi, Co-President of Stifel Financial Corp, reported transactions involving Stifel Financial Corp [SF] common stock and phantom stock units.
• Nesi acquired 5,967 shares of common stock at $0 and 27,731 shares of common stock at $0.
• Nesi disposed of 17,204 shares of common stock at $75.
• Following these transactions, Nesi directly owns 193,653 shares of common stock.
• Nesi also indirectly owns 22,574 shares through a trust, 31,000 shares through a family trust, and 54,732 shares through a children's trust.
• Nesi acquired 34,664 phantom stock units, with 80% currently vested and the remaining 20% vesting on March 2, 2025.
• Nesi also disposed of 5,967 and 27,731 phantom stock units.
• Following these transactions, Nesi directly owns 67,216 phantom stock units.

Sentiment

Score: 5

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

Industry Context

This filing is a routine disclosure of stock transactions by a company insider, as required by the SEC. It provides transparency to the market regarding the trading activities of key personnel.

Stakeholder Impact

• The transactions may have a minor impact on shareholders due to the change in ownership by a company executive.
• The transactions do not appear to have any impact on employees, customers, suppliers, or creditors.

Key Dates