Form 4: Stifel Financial Corp Director Thomas Weisel Reports Stock Transactions
SEC Form 4 Filing
Director Thomas Weisel reports acquisition and disposal of Stifel Financial Corp stock and phantom stock units on February 3, 2025.
Summary
- On February 3, 2025, Thomas Weisel, a director of Stifel Financial Corp, reported transactions involving the company's stock and phantom stock units.
- Weisel acquired 2,508 shares of common stock at $0 and disposed of 898 shares at $117.51.
- Following these transactions, Weisel directly owns 14,788 shares of Stifel Financial Corp.
- Weisel also acquired 3,136 phantom stock units and disposed of 2,508 phantom stock units, leaving a balance of 628 units.
- The phantom stock units are based on a PRSU award agreement dated January 27, 2021, with 80% currently vested and the remaining 20% vesting in one year.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions by a company director, indicating a neutral sentiment.
Industry Context
This Form 4 filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their trading activities and ownership positions in the company.
Stakeholder Impact
- The transactions may be of interest to shareholders as they provide insight into the actions of a key company director.
Key Dates
| Date | Description |
|---|---|
| 2021-01-27 | Date of the PRSU award agreement for phantom stock units. |
| 2025-02-03 | Date of the reported stock and phantom stock unit transactions. |
| 2025-02-05 | Date of signature on the Form 4 filing. |
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.