Form 4: Stifel Financial Corp Executive James Zemlyak Reports Stock Transactions

James Zemlyak, Co-President of Stifel Financial Corp, reported the acquisition and disposal of company stock and phantom stock units on January 8, 2025.

Summary

• James Zemlyak, a Co-President at Stifel Financial Corp, filed a Form 4 detailing changes in his beneficial ownership of the company's stock.
• On January 8, 2025, Zemlyak acquired 23,924 shares of common stock through the vesting of phantom stock units.
• On the same day, he disposed of 9,211 shares of common stock at a price of $106.08 per share.
• Following these transactions, Zemlyak directly owns 1,146,958 shares of common stock.
• He also indirectly owns 6,961 shares through his son and 415 shares through his wife.
• Additionally, Zemlyak holds 62,812 phantom stock units.

Sentiment

Score: 5

Explanation: The document is a routine disclosure of stock transactions, which is neither positive nor negative in itself. It reflects standard executive compensation practices.

Industry Context

This filing is a routine disclosure of stock transactions by a company executive, which is common in the financial services industry.

Comparison to Industry Standards

• Form 4 filings are standard practice for executives at publicly traded companies like Stifel Financial Corp, similar to filings made by executives at companies like Morgan Stanley, Goldman Sachs, and Charles Schwab.
• The transactions reported are typical for executives who receive stock-based compensation, which is a common practice across the financial industry.

Stakeholder Impact

• The transactions have a minor impact on shareholders as they reflect routine executive compensation and trading activity.

Key Dates

Keywords

Form 4, Beneficial Ownership, Stock Transactions, Stifel Financial Corp, James Zemlyak, Phantom Stock Units, Executive Compensation