Form 4: Stifel Financial Corp Director Daniel J. Ludeman Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Director Daniel J. Ludeman reports changes in beneficial ownership of Stifel Financial Corp shares, including the acquisition and disposal of phantom stock units.
Summary
- On June 7, 2024, Daniel J. Ludeman, a director of Stifel Financial Corp, reported changes in his beneficial ownership of the company's securities.
- He acquired 1,914 phantom stock units on June 5, 2024, at a price of $78.37 per unit, and disposed of 2,504 phantom stock units on June 7, 2024, at a price of $0 per unit.
- Following these transactions, Ludeman directly owns 12,528 shares of common stock and 1,914 phantom stock units.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing reporting changes in beneficial ownership, which is neutral in sentiment.
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 company directors.
Stakeholder Impact
- The filing provides transparency to shareholders regarding insider transactions.
Key Dates
| Date | Description |
|---|---|
| 06/05/2024 | Acquisition of 1,914 phantom stock units |
| 06/07/2024 | Disposal of 2,504 phantom stock units |
| 06/07/2024 | Date of report submission |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.