Form 4: Stifel Financial Corp Director Michael Brown Reports Stock Transactions

Director Michael Brown reported the acquisition and disposal of Stifel Financial Corp common stock and phantom stock units.

Summary

• On June 7, 2024, Michael Brown, a director of Stifel Financial Corp, reported transactions involving the company's stock.
• Brown acquired 2,504 shares of common stock at $0 and disposed of 2,504 phantom stock units at $0.
• Following these transactions, Brown directly owns 65,079 shares of Stifel Financial Corp common stock.
• Brown also acquired 1,914 phantom stock units on June 5, 2024, at a price of $78.37, and now holds 1,914 phantom stock units.
• The phantom stock units vest quarterly over a one-year period and are currently exercisable.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing detailing stock transactions by a company director, indicating neutral sentiment.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders.

Stakeholder Impact

• The transactions may provide stakeholders with insights into the director's view of the company's value.

Key Dates